Key elements of Abu Dhabi’s economic diversification programme, including the development of the emirate’s manufacturing base, are moving ahead as planned, with the government reiterating its commitment to encourage investment and diversification.
The Middle East Economy
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Economic update | Abu Dhabi: Shifting priorities
9 Jan 2012
Economic update | Jordan: Year in Review 2011
2 Jan 2012
Political and economic reforms promised for 2012 are expected to improve Jordan’s business environment and restore confidence after a challenging year.
High domestic spending and sound levels of liquidity are expected to offset any adverse effects of Europe’s debt crisis on the Saudi Arabian economy, and the Kingdom looks set to maintain its solid growth for the remainder of this year and into the next.
Economic update | Oman: Economy on the rise
19 Dec 2011
Oman’s economy looks set for a period of solid expansion, with the state’s pump-priming efforts of the past year having a positive impact on growth. Much of the same is expected in 2012 as the government increasing its spending to create jobs and improve key infrastructure.
Economic update | Qatar: Geared for growth
17 Nov 2011
Qatar’s economy is set to post near record high growth again this year, after leading the world in 2010, though there are some concerns that this rapid expansion could lead to overheating. Meanwhile, Doha will be keeping a wary eye on the economic health of its major trading partners.
Kuwait’s sovereign wealth fund is taking significant steps toward increasing its presence in China, establishing a representative office in Beijing with the aim of capitalising on the Asian giant’s rapid economic progress and rising demand for energy.