As part of plans to tackle delays on the King Fahd causeway, Bahrain is taking steps to reduce waiting times and ease congestion on its road link with Saudi Arabia while larger measures are under consideration.
The Middle East
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Plans for new regulations on direct foreign investment in the Saudi Arabian stock market have been outlined, setting out requirements and limits for oversees buyers seeking to buy into the region’s biggest exchange.
Recently released figures indicate that Oman’s diversification strategy is beginning to bear fruit. But, despite the Sultanate’s finances looking healthier, the country still remains vulnerable to price shocks in the energy sector.
Looking to reduce its imports and at the same time meet growing energy demands, Abu Dhabi is seeking to develop its sour gas reserves, both on and off-shore.
Despite facing a challenging economic climate marked by regional unrest and high energy prices, Jordan’s industrial sector held its ground in the first four months of 2014, posting modest year-on-year (y-o-y) growth.
Rising demand for health care combined with the graduated introduction of the National Health Insurance Scheme (Seha) look set to boost Qatar’s nascent pharmaceuticals and medical products segment.