The Middle East

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Economic update | Dubai: Tourism up

13 Nov 2012
Tourism is cementing its position as one of the leaders of Dubai’s economic recovery from the global recession, as a burgeoning holiday trade leads to growing numbers of tourist arrivals that help to fill the new hotels. Lingering uncertainty in the wider market, however, could give pause to rapid hotel development.
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Economic update | Saudi Arabia: Inflation risk downplayed

13 Nov 2012
Several of Saudi Arabia’s major cities – Jeddah, Riyadh and Mecca – and surrounding areas will benefit from plans to roll out public transport and construction projects over the next five years as part of a government drive to boost growth and address the Kingdom’s social needs.
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Economic update | Jordan: ICT mergers on the cards

12 Nov 2012

The information and communication technology (ICT) sector is looking to further expand its reach across the region, with the giant Saudi market firmly in its sights -- though there have been suggestions that the congested domestic industry needs to consolidate to better equip it for overseas conquest.

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Economic update | Turkey: Regulating the pension system

12 Nov 2012
As the pension sector in Turkey prepares for upcoming regulatory changes, moves are under way in the private sector to transfer the pension departments of banks into more independent segments. Both of these developments are promising, given that they may lead to an increase in the domestic savings rate, which is currently low.
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Economic update | Bahrain: Bid to up takaful profitability

8 Nov 2012
The introduction of measures aimed at updating and expanding the rules on takaful (sharia-compliant) insurance in Bahrain is expected to aid the segment’s efforts to make inroads into the market share currently held by conventional insurers.
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Chapter | The Guide from The Report: Qatar 2012

This section includes an article focusing on Qatar’s strong equestrian tradition. In recent years, leaders have been making moves to reintroduce the state’s equestrian past. This has involved investing in facilities at home, as well as building up Qatar’s profile in racing circuits abroad. The chapter also includes a listing of leading hotels and resorts, as well as useful telephone numbers and...
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