The government of Kuwait is hoping to diversify the economy through industrial expansion, targeting double-digit growth on the back of its petrochemicals and plastics segments.
Industry
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Economic view | Michael Sayegh, Chairman, Sayegh Group, on improving export infrastructure
14 Nov 2016
How developed is Jordan’s logistics and supply chain sector for export-oriented companies, and what measures could be taken to improve and streamline processes?
In an effort to diversify its economy and increase employment opportunities for its growing population, Abu Dhabi is encouraging development in its downstream industrial sectors, with an emphasis on the aerospace industry.
Articles & Analysis | Large-scale infrastructure projects have helped Saudi Arabia's industrial sector weather a drop in global steel prices from The Report: Saudi Arabia 2016
Saudi Arabia’s metals industry is currently going through significant upheaval. While aluminium production has been growing since the first bauxite was successfully mined from the Kingdom’s Al Ba’itha mine in May 2014, steel production has dropped amid declining prices. Nonetheless, with so many large-scale infrastructure projects ongoing in...
Articles & Analysis | Saudi Arabia's industrial sector sees an opportunity to diversify offering as government cuts energy subsidies from The Report: Saudi Arabia 2016
Following a decline in global oil prices for more than a year and a half, in December 2015 the Saudi government announced domestic energy prices would rise overnight. On December 29, 2015 the price of petrol rose from SR0.60 ($0.16) per litre to SR0.90 ($0.24) for Octane 95, while 91-grade rose by more than 65%, from SR0.45 ($0.12) to SR0.75...
Articles & Analysis | A changing marketplace finds Saudi Arabia developing speciality industrial products from The Report: Saudi Arabia 2016
Saudi Arabia has long been reliant on the upstream petrochemicals industry, but the Kingdom is accelerating efforts to diversify its economy and has some clear sector-specific industries it is looking to develop. Plastics, fertilisers, mining and metals are particularly attractive, and a strong push is likely to come in the near future in the...