The Middle East

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Turkey's growing trade and investment ties with the Gulf could provide a helpful boost to the country's currently small Sharia-compliant banking sector.
The main port of the northern emirate of Fujairah is to undergo a major upgrade, bolstering its importance to the economy of the United Arab Emirates (UAE) and the region.
The global economic slowdown is encouraging a spending spree from oil-rich governments in a wide range of sectors. After the Carlyle Group, Citigroup and New York's Chrysler building, investors in Abu Dhabi are looking to opportunities presented in sport and film production.
The insurance industry has generally failed to capitalise on Qatar's recently booming economy, but a series of initiatives aimed at broadening the sector's customer appeal may help it to get in on the action.
Iranian President Mahmoud Ahmadinejad's recent visit to Turkey marked an important step for relations between the two countries, as Iran's role as a key energy supplier and growing trade partner make a deepening of diplomatic ties a necessity for Ankara.
The joint venture launched by Abu Dhabi's government investment arm Mubadala and energy firm Petrofac is the latest move by Abu Dhabi to diversify and develop its economy.

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