Higher levels of investment, coupled with strong performance from both the tourism and real estate sectors, have put Sharjah’s economy on course to expand above nationwide forecasts, with momentum expected to continue into 2018.
Higher levels of investment, coupled with strong performance from both the tourism and real estate sectors, have put Sharjah’s economy on course to expand above nationwide forecasts, with momentum expected to continue into 2018.
Increased activity in trade, tourism and construction paved the way for another year of growth in Dubai, with momentum expected to continue through 2018 as the emirate’s preparations for Expo 2020 shift up a gear.
Qatar’s economy maintained steady growth throughout 2017, with forecasts of a stronger year to come as efforts to boost self-sufficiency in key sectors gain traction.
A new expansion drive will see Kuwait invest $120bn in hydrocarbons projects through to 2030, with the aim of boosting both upstream and downstream production capacity ahead of an anticipated rise in energy demand.
Bahrain’s bid to carve a niche as a regional centre of ICT innovation took a step forward following the decision by Amazon Web Services (AWS) to base its first Middle Eastern cloud technology data centre in the kingdom.
High-end hotel investments, new flight connections and an active meetings, incentives, conferences and exhibitions (MICE) segment are combining to drive growth in Sharjah’s tourism industry.
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