In what ways will the New Companies Law (NCL) reduce the obstacles faced by businesses and investors seeking to operate in Kuwait?
The Middle East Industry
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Interviews & Viewpoints | OBG talks to Anas Khalid Al Saleh, Minister of Commerce and Industry from The Report: Kuwait 2013
Falling sales and rising costs are pushing segments of Jordan’s mining industry to broaden their client base and expand value-added activities.
Significant national budget surpluses provide ample funding to invest in industry and support the goals of the National Industrial Strategy 2015-35. The development of technology parks and a focus on electronics and electrical goods can boost the sector. Manufacturing remains the segment’s backbone, though the utilities segment also grew by an impressive 75.2% from 2006 to 2011. While the...
Oil production retains its key role in the economy, however plans are under way to encourage diversification away from hydrocarbons towards an economy that is more knowledge based. The political climate has been characterised of late by a number of disputes, often resulting in either the resignation of the government or the dissolution of parliament, which has contributed to the slow progress of some projects.
Economic update | Oman’s cement market firming up
7 Sep 2013
While cement manufacturers in Oman are expanding operations to meet new domestic and international demand, they continue to face a challenging business environment due to intense foreign competition. However, the outlook for future growth remains positive as the government rolls out infrastructure projects as part of its current five-year economic development plan.
Rising competition and the threat of higher costs at home could see Saudi Arabia’s petrochemicals industry come under increased pressure. However, these impending challenges have so far failed to slow the progress of new projects being rolled out across the Kingdom.