Enhanced capacity at Bahrain’s largest industrial facility is set to boost downstream manufacturing opportunities and increase industry’s share of GDP.
The Middle East
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Economic update | How the private sector and SMEs stand to benefit from Oman’s long-term economic plans
28 Feb 2019
Oman will continue to prioritise greater private sector integration into the economy as outlined in the draft Vision 2040 social and economic framework, which places specific emphasis on small and medium-sized enterprises (SMEs) and the non-hydrocarbons sector.
Saudi Arabia is working to enhance its position as a key regional sporting and entertainment destination by hosting a series of high-profile events, part of a strategy designed to boost the leisure sector’s contribution to GDP.
In order to meet rising domestic demand and free up oil for export, Kuwait is increasing investment in solar energy, providing opportunities for technology and service providers.
Planned mergers are set to create a more consolidated and robust banking sector in Abu Dhabi, strengthening its position as a leader in the regional financial market.
Articles & Analysis | Bahrain in brief: from The Report: Bahrain 2019
The kingdom is among the smaller economies in the GCC, but is also one of the most diversified, with particularly well-developed financial services and manufacturing sectors. Despite its diversified economy, Bahrain has nonetheless faced pressures in recent years as a result of the 2014-15 drop in global oil prices. However, a multibillion-...