Over the past decade, Turkey has experienced a number of important transitions that have led to demographic, economic and cultural transformation. These changes have made contemporary Turkey a regional focal point
The Middle East Legal Framework
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Chapter | Legal Framework from The Report: Bahrain 2012
With major infrastructure and industrial projects now being undertaken across the Kingdom, a flexible but robust legal framework has developed to meet challenges and efficiently minimise risks. For those advising on project financing, full recovery of the extended finances, along with the profit or interest returns, remains a primary concern. This chapter outlines the different forms of...
Bahrain has weathered the effects of a difficult global economic period well, and its recovery has been solid, demonstrating the strength and flexibility of its economy. The government’s drive to diversify away from oil and gas dependence has been renewed, and a wealth of ambitious non-oil sector projects – from infrastructure to renewable energy technology – is now in the pipeline.
Chapter | Legal Framework from The Report: Kuwait 2012
Over the past three years Kuwait has promulgated a number of laws concerning public-private partnerships (PPPs), an area which holds great potential in the country. However, since most of the PPP projects initiated by the state are still in their initial phases, it remains to be seen whether there is credence to the proposed Kuwait approach. This chapter looks at the project company structures...
Nestled between Iraq and Saudi Arabia in the northwest corner of the Gulf, Kuwait has been a leader of Arab democracy and one of the most liberal nations within the GCC since the country gained independence in 1961. Economically, the country also has a bright future, with strong public finances, a young and well-educated population and vast oil deposits.
Jordan’s stable political environment, as well as the robust growth projections for its economy, should ensure near term investment inflows continue to fuel growth across the board; however, regional instability has been having a negative impact on the country’s tourism sector and rising refugee numbers are putting increased pressure on state services.