Economy

Conscious that its economy is currently highly dependent on oil and closely tied to markets that continue to face economic uncertainty, Kuwait’s government is looking further afield to new investment destinations as well as to moves to stabilise oil prices.

Higher-than-forecast oil revenues should allow Oman to sustain economic growth for the rest of the year, as well as put its budget into the black. There is, however, a serious caveat. A weakening of global markets and any delays to the state’s efforts to strengthen its economic base could negatively impact year-end figures.

A pesar de que las cifras muestran que la economía peruana se ha expandido año tras año por más de una década, la evaluación de la medida en que el crecimiento está beneficiando a la gente está demostrando ser algo más que un reto y se está tomando muy en serio.

Prices in Dubai’s residential property segment have posted solid growth over the past few months, and other areas of the sector are also showing signs that recent declines are beginning to reverse. However, due to excess supply in many segments, it will be some time before demand catches up with new development.