Growth outpaced expectations in Qatar this past year, while 2014 is widely expected to see an uptick in economic activity, as the non-energy sector further expands on the back of high levels of infrastructure spending and consumer demand.
The Middle East
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Economic update | Qatar Year in Review 2013
15 Jan 2014
The sultanate’s economy continues to enjoy the benefits of petroleum wealth, which has provided budget surpluses in most years and served as a backbone for growth. However, planning is well under way for an era in which oil will not be the main economic driver, with the twin goals of diversification and creating an increased number of private sector jobs at the top of the government’s current agenda.
Economic update | Jordan Year in Review 2013
14 Jan 2014
While growth in Jordan picked up pace in 2013, the external environment continues to weigh on the economy and could slow recovery in 2014.
Economic update | Calls to increase Oman’s tax base
12 Jan 2014
The government in Oman has been urged to cast its taxation net wider to fund the state’s economic and social welfare programmes, with the need for additional revenue flows likely to become more pressing if global oil prices ease further as some analysts have predicted.
Articles & Analysis | Subterranean windfall: New mineral discoveries hold potential for growth from The Report: Oman 2014
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-...
Articles & Analysis | Maritime gateway: Developments at the Port of Sohar are turning it into a logistical hub from The Report: Oman 2014
Sohar’s significance as an economic engine for Oman’s modernisation programme becomes more evident each year. Its expanding port capacity, growing industrial estate, strategic location and attractive regulatory environment continue to lure new investments. The Greater Sohar Industrial Zone, also known as Gateway Sohar, includes the Sohar...