What role can innovation and entrepreneurship play in both Sharjah and the region?
The Middle East
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Local government initiatives to enhance service provision are creating opportunities for Dubai’s ICT sector, while new federal laws to attract innovators and investment should help the emirate achieve its technological objectives.
Both the government and the private sector are continuing efforts to develop the financial technology (fintech) industry in Bahrain, providing a platform for new financial services growth.
Rising transaction levels and stabilising rents suggest that Oman’s real estate sector could be in recovery, with future prospects bolstered by moves to facilitate property investment.
An increase in the liquids storage, bunkering and freight-handling capacity at the Port of Fujairah is expected to further strengthen the emirate’s position as a fuelling point and trans-shipment centre.
Improving economic conditions, increased tourism numbers and the launch of two major development projects are forecast to support growth in Abu Dhabi’s retail sector, especially within the food and beverages (F&B) segment.