Increasing capacity in Jordan’s aviation sector could hold the key to growing the tourism sector and improving inter-regional connectivity over the next five years.
The Middle East
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Economic update | Bahrain steps up connectivity drive
21 Apr 2016
An expanded bus network and a new light rail project are set to improve traffic conditions in Bahrain, while a planned second causeway to the Arabian peninsula should help ease regional freight transport over the long term.
Wide-ranging reforms aimed at regulating Abu Dhabi’s real estate sector and encouraging best practices look set to lift investor sentiment despite the challenging regional economic climate.
Economic update | Kuwait’s real estate sales rebound
16 Apr 2016
Real estate sales in Kuwait rebounded in February, following a slowdown in recent months, with commercial sales outpacing residential for the first time in eight years.
Government plans to increase the country’s generation capacity and upgrade its transmission network look set to spur further growth in Oman’s utilities sector, against a backdrop of subsidy rationalisation.
Steps taken by national oil giant Saudi Aramco to consolidate some of its downstream assets, most notably in the US market, appear to be laying the groundwork for an initial public offering (IPO) and a move towards becoming the global leader in refining.