With the industrial sector looking to post positive growth in 2013 on the back of increased regional demand, steps are being taken to boost the supply of space for manufacturing activities.
The Middle East
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Economic update | Bahrain: Room to grow
22 May 2013
The Turkish government is hoping talks aimed at ending the long-running conflict with Kurdish separatists will bring not only peace to the east and south-east of the country but also a wave of investments, with the industrial sector tipped to be one of the main beneficiaries.
Harnessing new technology to extract Jordan’s oil shale reserves could help reduce reliance on imported hydrocarbons as well as enhance energy security.
With the 2022 FIFA World Cup less than a decade away, Qatar’s government is poised to up the tempo of its infrastructure and development programme after raising expenditures on April 1 for the new financial year. Spending has been increased by 18% in the budget for fiscal year 2013/14, paving the way for the state’s infrastructure investment programme to gather yet further momentum.
A drive under way in Saudi Arabia to encourage businesses to invest in farming operations abroad could see the Kingdom improve food security and increase investment opportunities.
Economic update | Dubai: Growth in regional trade
8 May 2013
The emirate’s external trade figures hit record levels in 2012, assisted by its strong transport and logistics infrastructure and underpinned by areas of the economy that remain in recovery mode. Attention is now turning to widening the scope of trading partners to further strengthen this important sector.