The Middle East

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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.
Qatar's economy may be booming, with Gross Domestic Product (GDP) growth, per capita income and energy production all at near record highs, but the world's largest exporter of liquid natural gas still has some hurdles to overcome on the road to economic strength and stability.
Residential property prices in Abu Dhabi are expected to continue to rise until at least 2012, which has prompted the authorities to intervene.
Qatar is stepping up its efforts to take advantage of the growing international demand for liquid natural gas (LNG), expanding into new markets and strengthening its production, processing and shipping capacities.
The race to attract customers in eastern Turkey is gathering pace amongst the country's major retail banks.
The government of Abu Dhabi has confirmed its commitment to a massive capital injection in the nation's oil sector.

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