The Middle East

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The government in Oman is channelling extra funding into education as part of a broader bid to provide its younger generations with the skills and qualifications needed to work in the modern economy. However, although the additional resources are a welcome step toward tackling key issues, such as improving students’ English language skills, it will take time for the benefits to trickle down into the economy.
A drive to restructure Turkey’s agricultural sector that includes ambitious plans to expand fruit and vegetable production is set to open the door for foreign investors looking to meet growing demand back home. Plans to drill new geothermal wells this year to help boost greenhouse production should further increase exports. However, the expansion is also prompting concerns that the introduction of new technology could lead to job losses.
The UAE’s central bank has postponed plans to implement a cap on mortgage lending, a move welcomed by Dubai bankers who had been concerned the tight restrictions originally proposed could limit lending growth just as the real estate sector is showing signs of recovery in certain sub-sectors.

What should be prioritised for the UAE to improve its telecommunications infrastructure and close the gap between itself and OECD countries?

What type of impact can an extensive offering of e-government services have, and how will you focus your efforts in terms of government integration?

By investing in building infrastructure, Dubai aims to support the local and regional telecoms industry and the broader knowledge-based economy. The value of these investments is significant: the Telecommunications Regulatory Authority (TRA) estimates that the sector accounted for 4.9% of UAE GDP in 2011. The true value is far higher as...

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