A concerted drive is under way in Jordan to reinvigorate the important tourism sector that has been curtailed by regional instability.
The Middle East
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European quantitative easing (QE) could prove to be a catalyst for increased activity in Abu Dhabi’s bond market over the coming months, providing a welcome influx of funds.
From the start of this year, Oman has doubled gas tariffs for industrial producers, with the move expected to squeeze margins for operators. However, the higher prices may spur a move towards greater efficiency, which could benefit the sector over the long-term.
A strong outlook for corporate earnings and the broader economy in Qatar, combined with an easing of restrictions on foreign ownership of firms, is pointing to a positive investment environment this year.
With gains in the Bahraini real estate market demonstrating a gradual return of investor and developer confidence, a drive to restart work on long-delayed residential developments is likely to give further impetus to the recovery.
Economic update | Dubai extends IT push
7 Apr 2015
Demand for IT services in Dubai is set to soar over the coming decade, underpinned by strong demand for both software and hardware products.