With a strategic position near the Strait of Hormuz, Dubai has always been a natural location for a port serving its hinterland, and the emirate has a longstanding maritime tradition. Furthermore, following the development of Jebel Ali Port, which now has the largest man-made harbour in the world, Dubai has emerged as a serious player in the global maritime industry....
In 2010, King Hamad bin Isa Al Khalifa inaugurated the Salman Industrial City designed to attract foreign direct investment into Bahrain. Four years later, the city includes three separate industrial areas and a logistics centre, and has succeeded in attracting dozens of new businesses to the country. Located near the community of Al Hidd, its...
Industrial investment in Bahrain has traditionally been driven by the government, which has sought to develop national champions that can then expand abroad. One of these, Aluminium Bahrain, a smelting company in which the state holds a 77% stake, is not just one of the world’s top 10 producers of the metal; it has also become a household name,...
Along with finance, tourism and telecoms, the pharmaceuticals industry is one sector that the Bahraini government is keen to develop as part of a broader shift towards an economy less centred on oil. Perhaps the most visible symbol of this is the ongoing $1.6bn Dilmunia Health Island, which, when completed, is meant to turn Bahrain into one of...
Mining activities in Oman are set to increase considerably in the coming years, following the discovery of significant reserves of mineable minerals, including gold, copper and rare earths. The government has recently moved to create a sustainable growth path for the industry, introducing new legislation aimed at increasing value addition and reducing raw exports. While...
As Oman ramps up oil production and strives to reduce raw exports and bolster its downstream hydrocarbons sector, the petrochemicals industry is poised for strong expansion in the coming years. The government is pouring billions of dollars into the sector in an effort to industrialise the economy, improve value addition and create jobs, with a host of new projects in...
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