The Middle East Economy

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COMMUNICATIONS: The country code for the UAE is +971, followed by Sharjah’s dialling code, 06. There are three local telecoms providers: du, Etisalat and Virgin Mobile. Pay as-you-go SIM cards for the three can be obtained at most shopping malls upon presentation of a valid passport.

Articles & Analysis | Guiding principles: Page 10 from The Report: Sharjah 2021

Sharjah in brief Guiding principles: The emirate’s geographic, historical and cultural advantages Viewpoint: Sheikh Sultan bin Muhammad Al Qasimi, Ruler of Sharjah and Member of the UAE’s Supreme Council, on fostering an economy and culture that benefits all Road to recovery: Gulf countries chart a course for recovery from the pandemic Interview:...

With Covid-19 facilitating the widespread adoption of remote work practices, some emerging markets are seeking to attract so-called digital nomads through a series of incentives and special visas. Despite border closures and travel restrictions resulting from the virus, various countries are stepping up efforts to incentivise the movement of digital nomads – people who work...

 

As one of the most diversified emirates in the UAE, Sharjah is less reliant on hydrocarbons than many of its neighbours, and has a strong foundation in industry and manufacturing. Indeed, hydrocarbons account for around 4% of GDP, and no individual sector contributes more than 25% of the total. Given that it has shores on both the Gulf and the...

Facing the twin challenges of a sharp reduction in trade and a steep drop in the price of oil as a result of the Covid-19 pandemic, countries in the Middle East weathered a particularly difficult 2020. While circumstances have been challenging, the region has looked to digital innovation as a path to recovery, and a number of governments have accelerated their existing plans...

 

While many Gulf nations were already working to diversify their economies prior to the Covid-19 pandemic, the global recession in 2020 prompted governments in the region to either reassess or accelerate their strategic plans. With economies around the world operating under capacity and global travel severely curtailed for much of 2020, there...

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