A new wave of reforms including higher shareholding ceilings and lower asset requirements has opened the door wider to foreign investors looking to buy into Saudi Arabia’s capital markets.
The Middle East
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Economic update | Investment in national airline to support tourism and logistics expansion in Oman
28 Feb 2018
Oman is stepping up investment in air transport, announcing the arrival of a new fleet of aircraft, routes to North Africa and Europe, and an expansion of existing flight services as part of a strategy to support growth in tourism and logistics.
Efforts to expand the role of entrepreneurs and small-scale enterprises in Sharjah are gathering momentum, due to a combination of regulatory changes, new incentives and supporting infrastructure.
Higher levels of public spending, supported by greater participation from the private sector, are expected to drive infrastructure projects in Kuwait over the short to medium term.
Qatar has merged its two majority state-owned liquefied natural gas (LNG) producers and stepped up output, with the aim of increasing its competitiveness in global markets.
Chapter | Country Profile from The Report: Oman 2018
Located in the south-eastern quarter of the Arabian Peninsula, Oman is the only member of the GCC situated outside of the Gulf. Leveraging its strategic location, Oman has invested in infrastructure with the goal of becoming a global logistics centre. While the country is less hydrocarbons-rich than its GCC neighbours, diversification efforts are nonetheless a driving force. The sultanate’s...