Ongoing energy concerns continue to plague Jordanian manufacturers despite an overall resilient performance from the sector in 2012. As the country grapples with slow economic growth, subdued international investment and a mounting public budget deficit, industrialists are working to combat a new wave of electricity tariffs that have already contributed to a rise in production costs.
Over the past four decades, Dubai has become one of the most important economic centres in the Middle East and a key destination for investors, tourists and corporations from around the world. The emirate boasts a diversified economy, an open business environment, and a multinational population and workforce, all of which have contributed to its reputation as a leading investment destination.
As economic activity continues to expand outside of the capital, steps are being taken to meet a growing demand for increased infrastructure. One notable example is the effort to expand power generation capacity in Salalah, the capital of the Dhofar region.
Some of the most dramatic economic growth outside of Oman’s capital can be found in the port town of Duqm. Located approximately 550 km to the south of Muscat in the Al Wusta region, Duqm was a small fishing community in the 1950s when a team arrived to begin oil exploration in the area. Today economic activity in the town focuses on the...
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