Key changes to the legislation governing Kuwait’s foreign investment policy are already yielding significant results across the country’s ICT sector, led by the market entrance of an industry giant.
The Middle East
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Requirements for water and power in Qatar are expected to rise sharply in the coming years, with water demand forecast to increase by more than 50% by 2022.
Substance abuse is becoming a growing weight on the economy of Abu Dhabi, as it is across the region. However, increased spending on both prevention and treatment may help reduce the burden and repay the investment into tackling this problem many times over.
The discovery of four new oil fields has drawn fresh attention to Kuwait’s long list of expansion projects, as the country aims to raise output by nearly one-third by 2020.
The opening of a multimillion-dollar cardiac centre outside of Muscat in May marked the latest milestone in Oman’s drive to broaden the scope of its health care sector.
Economic update | Turkey set for ship-breaking boost
29 May 2015
Proposed changes to European Commission (EC) regulations governing the scrapping of ships look set to give Turkey’s ship-breaking and metal-processing industries a significant boost by shutting out rivals in Asia from part of this lucrative trade.