Economy

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The number of Jordanian exports to the European market is expected to rise following a newly inked deal with the EU that relaxes the rules of origin stipulations.

Orlando Velandia: It is important to stress that since the beginning of the downturn in commodity prices, no oil company has left the country. Nevertheless, there are some issues and challenges that need to be addressed. The country is working to enhance the interests of investors in the energy sector, and we must be more proactive and show that we listen to and address the concerns of investors. 

 

Accounting for just over 3% of the territory of the UAE, Sharjah is one of the federation’s smaller entities, and yet one which has played an important cultural and economic role in the region. Home to three free zones, 16 museums and a number of annual festivals with a global reach, the emirate continues to punch above its weight in the...

Sharjah is the UAE’s third-largest emirate with a population of almost 800,000 and a GDP of roughly $24bn. Government focus on education programmes and the development of a diversified economic base has helped support Sharjah’s robust growth in recent years while its relatively small oil and gas reserves mean the emirate has been less affected than many by the oil price-induced turbulence...

The government’s drive to boost foreign capital flows has moved forward with the launch of a new foreign direct investment (FDI) council, although there is still room for further improvements.

 

What is the level of cooperation with the GCC?

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