Growing recognition among locally based and overseas companies seeking dispute resolution has seen the Dubai International Financial Centre (DIFC) Courts strengthen its position as one of the world’s leading commercial courts.
The Middle East
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Deals signed in recent months that have the potential to reinvigorate Jordan’s phosphate exports could bring a new source of growth to its manufacturing sector, following a year of mixed results.
Economic update | Qatar gets serious about solar
21 Apr 2017
With a target of producing 20% of its electricity using solar energy by 2030, a series of public and private investments are driving new developments in Qatar’s solar energy sector.
A rising tide of investments and solid increases in arrivals are supporting high levels of growth in Bahrain’s tourism industry, with projections that expansion will be sustained to the end of the decade and beyond.
Dubai launched the Middle East, Africa and South Asia (MEASA) region’s first fintech accelerator in January, as efforts to update the legal framework for crowdfunding activities in the financial sector also make headway.
Increased private sector participation in Oman’s project pipeline, and draft bills to ease workforce restrictions and allow 100% foreign ownership, look set to help drive continued expansion in the country’s construction sector over the medium to long term.