The Middle East

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Sharia-compliant insurance, or takaful, is set to grow in Turkey, with its predominantly Muslim population showing increasing interest in Islamic finance products and the government keen to support their growth.

Growing levels of international trade, both inbound and outbound, and a rising demand for trans-shipment services will drive expansion in Abu Dhabi’s logistics sector, with much of this activity taking place around its docks.

Recent news of the imminent opening of Hamad Medical City – a three-hospital complex re-purposing the 2006 Asian Games’ Athlete’s Village in Doha – was welcomed by many in Qatar’s public and private health services.

Indeed, extra, capacity is something health planners and professionals have been after for some time, with the country’s hospitals and clinics facing growing demand ­–...

Plans for increased spending on infrastructure developments are set to support further growth in Bahrain’s industrial sector via improved transport links and the construction of new large-scale facilities. However, falling oil revenue may impact funding availability for some capital works, potentially cooling long-term prospects in the sector.

A drive to attract new investment for Jordan’s ICT sector is gaining ground, as the country moves to strengthen support structures for start-ups and encourage greater private sector participation.

Asia remains a key driver of growth for Qatar’s petrochemicals sector, with demand from the region fuelling investment and expansion projects. However, the long-term outlook is less certain after the cancellation of the $6bn Al Sejeel petrochemicals plant, one of the megaprojects targeted to come on line by the end of the decade.  

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