The Middle East

Displaying 1159 - 1164 of 2122

With a growing population and increasing demands on scarce natural resources, Jordan is hoping that a major desalination project will be instrumental in helping the Kingdom tackle its water shortages.

Clocking the world’s highest growth rate in 2011, Qatar is maintaining expansion despite a difficult international economic climate clouded by the eurozone crisis and doubts over the sustainability of US debt. Indeed, the country saw GDP growth of 14% in inflation-adjusted terms last year, with energy exports its leading economic driver.
Efforts to galvanise business tourism by investing in infrastructure look to be paying off for Abu Dhabi, with figures showing that the number of events taking place in the emirate is on the rise.
A major free trade zone (FTZ) in Ras Al Khaimah (RAK) is looking to build on recent growth and expand its base to include new areas of business from an increasingly broad range of countries.
Increased foreign mergers and acquisitions (M&A) activity and regulatory changes that encourage consolidation are expected to dramatically alter the commercial playing field in Turkey over the next several years.
The banking sector could be facing a challenging year, with the swelling debt crisis in Europe threatening to overflow into the local economy. While most of the Kingdom’s lenders remain well capitalised and resistant to external shocks, overall growth could be muted.

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