The Turkish economy rebounded from the global crisis to become an island of economic stability between Europe and the MENA region. The 15th-largest economy globally and the 6th-largest in Europe has experienced an unprecedented transformation in the past decade, as per capita GDP has risen more than three times. While the economy is plagued by a structural current account deficit, due to...
The Middle East Economy
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Chapter | Country Profile from The Report: Turkey 2012
The Country Profile contains a brief introduction to contemporary Turkey, with information about the geography, language, culture and history.
Over the past decade, Turkey has experienced a number of important transitions that have led to demographic, economic and cultural transformation. These changes have made contemporary Turkey a regional focal point
Economic update | Dubai: Return to growth
4 Jun 2012
A determined optimism is pervading Dubai’s markets, with the emirate’s growth set to top many expectations this year. Few would suggest, however, that the emirate is immune from the looming debt crisis in Europe.
Horses are believed to have been part of Bahrain’s culture for as long as 4000 years, dating back to the Dilmun civilisation. This chapter examines how equestrian sports have become a popular leisure activity in the Kingdom. The chapter also includes a listing of the country’s leading hotels and resorts, as well as useful telephone numbers and facts for visitors, including information about...
Financial services, industrial manufacturing and a business-friendly environment have traditionally differentiated the island Kingdom from other GCC states. Lacking the hydrocarbons of its neighbours, Bahrain has spent years diversifying its economy to meet future challenges. This made it one of the first GCC states to move its economy beyond a traditional reliance on hydrocarbons exports, and...