The private education sector in Dubai showed continued signs of growth in the recent academic year, although an expanding population and rising competition and prices could influence market dynamics in the short to medium term.
The Middle East
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Moves to expand promotional activities in India, China and Russia, coupled with the easing of visa requirements, have helped to diversify Qatar’s tourism industry, helping to offset a fall in arrivals from neighbouring states.
Saudi Arabia is preparing to start the privatisation process of its flour milling industry, tying into broader plans to enhance the role of the private sector.
Economic view | Tareq Hawasli, Managing Partner, Darin Partners, on the evolving investment environment
17 Jul 2018
How is Vision 2030 shaping foreign investors views on Saudi Arabia as an investment destination?
In late June the Department of Energy (DoE) announced it had shortlisted 25 companies for a tender to develop, finance and operate a new Dh2bn ($544.6m) desalination facility at the Al Taweelah Power Complex, 45 km north of Abu Dhabi City.
Economic update | Government spending and higher oil prices to boost Kuwaiti banking sector growth
10 Jul 2018
Increased government spending and higher oil prices are set to drive growth in Kuwait’s banking sector, with increased profits and liquidity supporting a recent rebound in activity.