Work on Oman’s national rail network – part of a wider system linking all the countries of the GCC – is picking up pace, with advanced planning work now under way and construction set to begin next year.
The Middle East
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Economic update | Oman’s rail project on track
5 Mar 2014
Recent acquisitions of Turkish agribusiness interests by Gulf investors have highlighted the sector’s opportunities for expansion in the wider region. However, further development of the industry faces challenges, including the need for additional farm labourers.
A new phosphate mining and processing mega-project is set to improve Saudi Arabia’s access to the global fertiliser market, but a potential excess of international supply may extend the period before the multi-billion scheme turns a profit.
Chapter | Country Profile from The Report: Qatar 2012
Economic update | Kuwait looks to reduce subsidies
24 Feb 2014
The government in Kuwait is weighing-up measures to rein in spending on subsidies and welfare programmes, responding to concerns that the national budget could slip into deficit by the end of the decade.
Insurers in Oman are planning to make better use of technology and raise the industry’s profile in an effort to boost the size of the market and improve profitability in what is a crowded sector.