Late March saw the Bahrain Bourse (BHB) inaugurate the Bahrain Investment Market (BIM) – an alternative source of financing for growing businesses in the kingdom and the wider MENA region.
The Middle East
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Increased investment in Saudi Arabia’s mining sector looks set to lift its GDP contribution significantly in the coming years, as part of an accelerating push to diversify the economy under the Vision 2030 development plan.
Central Bank of Oman (CBO) statistics show an upswing in money supply among the nation’s banks in the first quarter of 2017, with total deposits to conventional banks rising by 4.2% to OR19.02bn ($49.4bn), compared to growth of 2% in quarter one 2016.
With online consumer activity set to spike across the MENA region during the religious festivals of Ramadan and Eid, Qatar is looking to encourage e-commerce, as part of a broader push to catalyse private sector development.
Efforts to increase Jordan’s digital literacy rates against a backdrop of changing demographics and skills gaps in the labour market are beginning to yield results.
Economic update | Retail growth forecast for Sharjah
22 Jun 2017
Developers are capitalising on Sharjah’s appeal as a retail destination, driving a strong flow of new developments and expansions in retail real estate.