Kenya accounted for the bulk of private equity (PE) and venture capital (VC) transactions by volume and value in East Africa in the last five years, and improvements to the business environment could see the country retain its lead going forward.
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Economic update | How the UAE space programme is driving research and international cooperation
30 May 2019
The UAE’s drive to develop its space research capacity will see a Mars probe launch in 2020, with the country also seeking to boost synergies with global academic institutions and space agencies, in order to strengthen human resources and enhance data sharing in the field.
Newly introduced legislation regulating the activities of companies in Oman will increase transparency and oversight, while also serving to encourage more local firms to list on the country’s stock exchange.
Significant progress has been made on two mixed-use real estate projects being built in Bahrain’s north-east, as the kingdom looks to major developments to help unlock its economic potential.
Egypt’s global reputation as a destination for heritage tourism has been strengthened by a series of major archaeological finds. In tandem with investment in new infrastructure, the new discoveries are expected to support a recent rebound in the sector’s fortunes.
The latest step in the liberalisation of Myanmar’s financial services sector has seen the Ministry of Planning and Finance give five foreign insurance providers the provisional right to launch wholly owned life insurance businesses in the country.