The Middle East

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Retail investors and mall developers are flocking to Oman in increasing numbers on the back of rising demand from consumers and the market’s potential for growth.

In the face of regional instability, high levels of debt and the cost of hosting hundreds of thousands of refugees, Jordan’s economy exhibited resilience this year, with prospects for even stronger growth in 2017 on the back of international support and wide-reaching reforms.

Buoyed by the solid performance of the non-oil sector, Bahrain’s economy has maintained steady growth throughout 2016, though future development could be impacted by rising public debt.

Buoyed by ongoing diversification efforts, a recently released five-year plan for 2016-20 and large-scale restructuring of state-owned entities, Abu Dhabi has weathered economic headwinds and fared better than many of its peers, while also facing a second consecutive year of lower hydrocarbons income.

A set of new developments in research and development (R&D), entrepreneurship and media are broadening the role of higher education in Sharjah.

Despite the slow pace of economic recovery by many of its key partners, Dubai’s non-oil foreign trade has maintained solid momentum, with direct exports on the rise.

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