Kuwait’s ambition to become a leading trading centre for the region took a step forward earlier this month, when the foundation stone for the new Mubarak Al Kabir port was laid, at a ceremony attended by Emir Sheikh Sabah Al Ahmed Al Jaber Al Sabah.
The Middle East
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Economic update | Kuwait: Port plans
25 Apr 2011
While the Kingdom may be transitioning away from domestic wheat production, Saudi Arabia is stepping up efforts to ensure food security by increasing imports and investing in agricultural projects overseas.
Economic update | Oman: Smooth sailing
22 Apr 2011
Cruise ship passenger arrivals at Port Sultan Qaboos in Muscat are expected to reach a record 231,100 for the 2010/11 fiscal year ending in June – a year-on-year increase of 72%. The total number of cruise ship visits to the port is also forecast to increase to 94, up from 78 in 2009/10.
The Kingdom is targeting both foreign and local holidaymakers as the government and private segment seek to increase visitor numbers and expand revenue streams in an increasingly busy tourism sector.
Economic update | Abu Dhabi: Classroom upgrade
14 Apr 2011
While health and safety is at the core of Abu Dhabi’s initiative to close villa schools, the push will also have positive knock-on effects for the local construction sector by creating opportunities to build educational facilities to replace them.
Economic update | Qatar: Developing education
13 Apr 2011
Qatar is taking definitive steps to refine its education system, increasing the focus on preparation for employment in a knowledge-based society as the government works to boost job opportunities and diversify the economy.