The past year was a good one for Abu Dhabi, both in terms of economic performance and its progress towards a more diversified economy – the principle goal of the Abu Dhabi Economic Vision 2030, formulated some five years ago.
The Middle East
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Economic update | Abu Dhabi Year in Review 2013
7 Jan 2014
Economic update | Bahrain Year in Review 2013
5 Jan 2014
Focus in 2013 remained on maintaining growth and the continuing process of further diversification of the economy – something Bahrain has a head-start on over many of its neighbours. However, ongoing security concerns have overshadowed performance in some sectors.
The first link in Turkey’s high-speed rail system is set to open in 2014, part of a broader effort by the government to make significant improvements to transport infrastructure in time for the republic’s centenary in 2023.
Strong relationships with allied nations and international financial institutions are paying handsome dividends for Jordan, with multiple entities extending considerable new funding in the form of aid, easy credit and/or investment.
A new national curriculum, possible regulations for private sector providers and plans to outsource certain functions in the school system are among changes Kuwait’s government has proposed for the education system.
A move to relax the criteria that prospective homebuyers in Oman must meet to qualify for interest-free loans has provided low-income earners with an entry-point into the Sultanate’s real estate market.