The Middle East

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While construction and tourism economic development activity receives the most attention in the UAE, the country is also focussed on the lucrative medical sector to further diversify its economy.
On June 22, Turkish Finance Minister Kemal Unakitan unveiled plans to remove the 15% withholding tax for foreign investors and reduce it to 10% for their domestic counterparts, in the hope of restoring foreign investor confidence.
Protests are mounting in Qatar as commercial traffic is being forced to wait in ever lengthening queues at the border with Saudi Arabia.
Abu Dhabi's drive to become a top tourist destination is continuing apace with new strategies to attract more visitors from Europe.
The recent opening of a new energy facility has given added stimulus to Qatar's oil and gas sector. It has also prompted further growth in an economy already dominated by natural gas production.
On June 18, the high value placed on a university education was on display throughout Turkey as families waited anxiously while graduation year high school students wrote the university entrance exam, called the ÖSS.

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