The fall in oil prices led to significantly reduced government revenues for Kuwait in 2015. Despite this the country’s 2016 spending remained largely in line with previous years as the government opted to draw on its considerable financial buffers to help make up for budgetary shortfalls.
In the past decade or more, Qatar has started to assert itself in the world of global sports. It has achieved this mainly through its athletics federation and Olympic committee with the country’s winning bid to host the 2022 FIFA World Cup evidence of the increasingly prominent role that sport is taking in Qatar. The government has also made efforts to expand the role of sports and related...
The large-scale investments of the past half-decade look set to continue driving Qatar’s health sector in 2016. With a rapidly rising population and household incomes well above the developed-world average, public and private sector outlays are on track to keep rising alongside a state-led push to raise quality and expand services. As the public sector enters a new cost-optimisation phase in...
With the fall in oil prices underlining the dangers of an over reliance on hydrocarbons revenues, Qatar has continued to forge ahead with its economic diversification drive in 2016. Non-hydrocarbons growth now outstrips hydrocarbons growth, with several big-ticket construction projects, an increasingly dynamic financial services sector and a growing reputation as a tourist destination all fuelling non-oil expansion.
The health authority in Abu Dhabi continues to implement sector reforms, with a new seven-point health strategy that is aimed at addressing the most critical issues faced by patients and medical professionals in the emirate. An increasing emphasis on preventative care, emergency preparedness and further expansion of specialty care are expected to bolster health indicators moving forward....
Thanks to business-friendly government policies implemented over the past 10 years Abu Dhabi is now home to a rapidly diversifying economy that is among the largest in the region, with GDP reaching a total of Dh952.68bn ($259.32bn) at current prices in 2014.
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