Dubai has invested heavily in the creation of competitive infrastructure and a business-friendly regulatory framework to help solidify its status as a regional hub for trade and manufacturing. In terms of logistics, the Jebel Ali Port and the rapid expansion of the national airline, Emirates, provide companies with streamlined import/export...
According to the Dubai Chamber, manufacturing is among the greatest contributors to the UAE’s non-oil GDP, accounting for roughly 14% of non-oil GDP over the last decade. This figure grew to 16% in 2012 and was expected to rise as high as 19% in 2013. At the national level, the bulk of manufacturing investments are concentrated in heavy industry...
The mining industry is set to become an important sector in Oman’s diversification programme. Various exploratory studies, commissioned by the Directorate-General of Minerals at the Ministry of Commerce and Industry (MCI), have recently uncovered substantial deposits of metallic and non-metallic resources across the country, mainly carbonate-...
As more investment and technology has found its way to Oman’s shores, the fishing industry has seen increasing productivity. In the eighth five-year development plan (2011-15), Oman is expected to spend $259m on fisheries development, and $1.3bn in the 2013-20 period. As the country contends with the difficulties of economic diversification,...
As part of broader efforts to diversify its revenue streams, Oman has invested a significant portion of its oil revenues into developing a robust industrial base. New ports, free zones and transport networks illustrate the government’s commitment to providing the infrastructure for the sultanate’s industrial development. As oil reserves continue...
To enhance its economic diversification programme, Oman’s government has taken steps to prepare the workforce for new private sector-based industrial developments. Concern over the long-term future of oil reserves has sparked investment not only in industrial infrastructure – through industrial estates – but also into legal reforms, training...
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