Dubai has improved its standing as one of the world’s top financial hubs and reinforced its position as a key regional centre for banking services, according to a recent survey on the global finance industry.
The Middle East
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Economic update | Kuwait takes steps to encourage industrial growth and export competitiveness
5 Oct 2018
A new GCC accreditation for Kuwait’s laboratories, coupled with the release of more than 1000 parcels of industrial land, should boost government plans to increase industrial output by 25% in the coming years.
Economic update | Mobile operators launch 5G in Qatar
27 Sep 2018
Qatar has taken an early lead in the roll out of 5G mobile services, with the country’s two operators, Ooredoo and Vodafone Qatar, both launching their next generation networks in recent months.
New investment is expected to help Oman sustain expansion of its manufacturing sector, which has established itself as a leading component of the economy on the back of strong recent growth.
Economic update | Increased arrival numbers and new developments boost Bahrain’s tourism prospects
19 Sep 2018
Bahrain’s tourism industry is on track to post its strongest result ever in 2018, with growth in arrival numbers coinciding with the rollout of new products and the targeting of new markets.
Efforts to encourage greater private sector participation have coincided with strong growth in Saudi Arabia’s mining sector, a key part of the country’s diversification strategy and a prominent driver of broader economic expansion.