The Middle East

The development of a thriving media and creative content industry in Abu Dhabi remains an important issue not only for economic diversification and inward investment, but also for the emirate’s goal of becoming a cultural centre.

Qatar is pushing ahead with a series of large-scale transport infrastructure projects aimed at improving the emirate’s links and boosting the economy, though unlike many other countries these schemes are not part of a package to restart growth stalled by the global recession but are components of a broader vision for the nation’s future.

Having been an early proponent of the need to develop a diverse economic base, Sharjah is now reaping the benefits by placing itself in a good position to ride out the international recession.

Despite weakening global demand for plastics and polymers, Abu Dhabi's chemical investment, which is seen as a key part of the emirate's future economy, remains well placed to become a sustainable growth platform for future economic expansion and diversification.

Over the years, Qatar has worked hard to develop an attractive and diverse investment location. Now it is focusing on the environment in order to sustain the economy and the future of the country.

Turkey's banks seem to be riding out the global financial crisis having emerged from a more localised downturn eight years ago leaner and better equipped to deal with the present worldwide recession.