The Middle East

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Economic update | Retail explosion may lure top brands into Oman

11 Jul 2014
The retail sector in Oman is set to enjoy solid growth in 2014, with disposable incomes on the rise and economic expansion being fed by higher levels of state investment, though a rapid expansion of retail space in the capital may soon leave shoppers spoiled for choice, putting pressure on rental charges and returns.
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Economic update | Saudi insurance market remains tight

11 Jul 2014
The crowded insurance sector in Saudi Arabia has come under pressure with low penetration rates and rising costs, highlighting the difficulties for smaller firms in the industry to maintain market share or grow their business.
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Economic update | Turkey likely to gain from ECB rate cuts

9 Jul 2014
The recent move by the European Central Bank (ECB) to loosen monetary policy, which included cutting the deposit interest rate to a landmark -0.1%, looks set to provide a welcome boost to both Turkey’s money markets and its broader economy.
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Economic update | Jordan looks to LNG to ease dependence on Egyptian gas

3 Jul 2014

Jordan’s high energy import bills and the frequent power cuts resulting from shortfalls in supplies from Egypt may soon become less of a problem as a new liquefied natural gas (LNG) import facility at the port of Aqaba is set to come on-line by the end of the year.

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Economic update | Expanding IT in Oman

1 Jul 2014
A measured approach to rolling out the infrastructure for Oman’s advanced broadband network is part of a wider policy of managed development towards becoming a knowledge-based economy.
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Economic update | Kuwait looks to boost cyber security

27 Jun 2014
Kuwait is becoming increasingly concerned over the threat posed by cyber attacks against its strategic oil and gas industry, along with other sectors of the economy, with greater training of staff and improved technology seen as vital front-line defences to ensure cyber security.
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