The Middle East Economy

Displaying 1999 - 2003 of 2003
Recent reports from the IMF and Qatari authorities confirm that Qatar is on track to be the fastest-growing economy in the Middle East, and may be among the fastest in the world.
While this year has seen several stories in the Western media about Turkey's "turn east", the country’s efforts to maintain positive trade relations with Iran despite recent sanctions on its nuclear programme are likely more pragmatic than political.
Over the past two years Abu Dhabi’s economy has demonstrated considerable resilience and stability in the face of the global economic downturn, leaving it well placed for continued growth.

Jordan’s stable political environment, as well as the robust growth projections for its economy, should ensure near term investment inflows continue to fuel growth across the board; however, regional instability has been having a negative impact on the country’s tourism sector and rising refugee numbers are putting increased pressure on state services.

Sharjah is the UAE’s third-largest emirate with a population of almost 800,000 and a GDP of roughly $24bn. Government focus on education programmes and the development of a diversified economic base has helped support Sharjah’s robust growth in recent years while its relatively small oil and gas reserves mean the emirate has been less affected than many by the oil price-induced turbulence witnessed over the past two years.

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