With the launch of a series of initiatives to support growth in the non-oil sector, Abu Dhabi is reinforcing its efforts to diversify the economy away from hydrocarbons.
Economy
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On August 6 Egypt received the sixth and final tranche of a three-year, $12bn loan programme from the IMF, and the country is now set to build on its legacy.
Oman has implemented a new tax on alcohol, sugary drinks and tobacco products, as the country seeks to bolster state revenues amid ongoing fiscal reforms.
Economic update | How Trinidad and Tobago’s approach to the Venezuelan crisis could benefit the economy
8 Aug 2019
As the political, economic and migration crisis rolls on in Venezuela, and a significant number of migrants continue to make their way to Trinidad and Tobago, the government and business figures are evaluating their potential impact.
Economic update | What are the likely outcomes of Saudi Arabia’s overseas investment drive?
2 Aug 2019
Saudi Arabia has rapidly been increasing its business footprint overseas, last year tripling its foreign direct investment (FDI) outflows.
Dubai is seeking to stimulate growth among the emirate’s start-ups with the release of a white paper outlining solutions to improve access to funding, offer greater support and build investment networks for small businesses.