A new mining strategy and mining law in Oman, plus efforts to improve port infrastructure, are expected to increase investment and promote growth in minerals exports.
The Middle East
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Economic update | SME accelerator initiative to support Bahrain’s diversification strategy
29 Mar 2018
Bahrain has moved to improve its start-up ecosystem as part of plans to further diversify the economy, launching a new funding and training initiative specifically targeting entrepreneurs and small and medium-sized enterprises (SMEs).
An airport infrastructure expansion set to come into operation this year will help Kuwait keep pace with strong growth in passenger movements, as local carriers continue with network expansions and fleet upgrades.
Rising demand is set to drive expansion of Sharjah’s health care sector in the coming years, increasing opportunities for domestic and foreign investment, with a number of new projects already in the development pipeline.
Efforts to make home ownership in Saudi Arabia more accessible and galvanise activity across the building, services and financial industries received a boost last month with the launch of a new programme of funding and incentives.
Rising demand for freight handling, logistics and subsidiary services, along with an expansion into leisure, is driving growth in Dubai’s maritime sector, helping the emirate cement its position as a global leader in the industry.
Much of the increase in...