The Middle East

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Higher education institutions have a leading role to play in helping emerging economies adapt to the effects of climate change, as well as to meet their net-zero goals. This role can be roughly divided into two key areas: implementing best practices and leading on research.

Oman’s post-pandemic priorities are focused on developing the private sector, accelerating diversification and reducing the national deficit.

With a population larger than the other five GCC countries combined, Saudi Arabia accounted for more than 50% of the region’s food imports prior to the pandemic, and 80% of food consumed in the Kingdom came from abroad.

Plastic waste is prominent among the multiple, interlinked environmental challenges currently facing the world. Emerging markets have a significant role to play in addressing the issue, both as leading plastic consumers, and in that they are often disproportionately affected.

After remaining resilient in 2020, the Islamic finance segment is performing strongly this year, as an improved economic environment, a rise in the number of large projects and an increased focus on environmental, social and governance (ESG) factors combine to drive demand.

Oliver Cornock, Oxford Business Group's Editor-in-Chief, recently spoke with John Brash, founder and CEO of Brash Brands, who shared his views on the current economic trends in GCC countries – with a particular focus on Saudi Arabia – that include ambitious innovation and diversification plans; investments in talent and education; support for SMEs and start-ups after the crisis, as well as progress in agricultural sustainability.

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