One of the most rapidly expanding markets in the region in recent years, Dubai’s health care sector is set for further growth, driven by an expanding and ageing population, changing medical needs and a determination by the government to provide all citizens with the best possible health care. Both inpatient and outpatient markets are widely forecast to see double-digit expansion in the run-up to...
The Middle East
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Although Dubai’s growth and prosperity have been fuelled by its proximity to oil, its own modest hydrocarbons endowment accounted for just 1.3% of the...
There are few destinations more closely identified with retail than Dubai. Indeed, its duty-free and low-tax shopping is one of the hallmarks of the emirate. Dubai is home to some of the world’s largest malls, most diverse retail outlets and most value-added shopping experiences, with everything from giant aquariums to ski-slopes adorning its air-conditioned retail spaces. Various substantial...
Dubai enjoys a global profile as a major destination for both business and leisure, and today boasts some of the world’s leading offerings for hotels, conference centres, entertainment facilities and shopping malls. It is within close flying distance of some of the world’s most dynamic tourism source markets, and the emirate also remains a popular destination for its neighbours in the Gulf. The...
Near-term sentiment is on the rise among Dubai’s business leaders, with the IMF forecasting a healthy GDP growth rate of 4.2% in 2019 for the emirate. While not as exposed as some of its regional neighbours to the effects of fluctuating commodities prices in recent times, Dubai nevertheless stands to benefit from the knock-on effects of higher prices over the last year.
Articles & Analysis | Kuwait lenders in a stable position, with banking sector posting gains from The Report: Kuwait 2018
Underpinned by rising commodity prices and, consequently, increased domestic spending, Kuwait’s banking sector performed well in the 18 months to mid-2018. The industry posted net profit growth of 8.9% and total asset growth of 5.9% to $251.9bn in 2017, according to professional services firm KPMG, even as local banks moved to adhere to a raft...