Following a series of high-profile consolidations in Abu Dhabi this year, the Abu Dhabi National Oil Company (ADNOC) is the latest entity to enact structural changes in an effort to drive down costs and increase efficiency.
The Middle East
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Abu Dhabi is looking to alternative methods to secure food supplies to feed its growing population.
Oman is pressing ahead with a number of new developments in its tourism sector as part of a drive to diversify its economy amid a backdrop of sustained low global energy prices.
A raft of major industrial and infrastructure projects are spurring activity and investment in Bahrain’s construction industry.
While the banking and financial services sector in Qatar continues to be a significant source of growth in the country, recently released figures for the first half of the year suggest a mixed picture for industry earnings.
The Jordanian authorities have launched a new over-the-counter (OTC) exchange as part of a series of initiatives to boost the competitiveness of the kingdom’s capital markets.