The Middle East Industry

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The local industrial base has continued to show impressive growth throughout 2011 and into 2012. Supported by hydrocarbons, the Gulf state has embarked on a process of diversification that has seen the establishment of a steady flow of downstream projects.

The Qatari government has set targets for the economic diversification of the country that will rely heavily on the expansion of the industrial and manufacturing base. The first tendrils of this new growth are beginning to emerge, nowhere more clearly than in the nascent plans for an alternative energy cluster. Qatar plans to invest in all stages of...

The Qatari government’s strategy to diversify the country’s economy and industrial base is likely to rise or fall on the back of the investment environment it creates on the ground. While major steps have already been taken in this direction, the government recognises the need to do more to create the incentives that will attract new and dynamic...

Chapter | Industry from The Report: Qatar 2012

Exploiting its competitive advantage in energy and, to a lesser extent, labour and land, Qatar’s industrial base has continued to show impressive growth throughout 2011 and into 2012. The oil and gas sector, buoyed by high hydrocarbons prices, has reclaimed its place as the mainstay of the economy, accounting for 51.7% of nominal GDP in 2010 and 57.7% in 2011. The petrochemicals sector continues...
Steel producers in Saudi Arabia are set for a busy few years, with growth in the industry driven by rising demand due to state-backed investments and increasing activity in the private sector. However, even with additional capacity, the sector is working to bridge the supply gap.
With food security becoming an increasingly important issue globally, and in the arid Middle East in particular, Dubai appears to have positioned itself to play an important role in meeting the most basic needs of the region, having emerged as a major processing and food re-exporting centre.

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