High levels of client confidence and strong economic growth are expected to drive banking sector expansion in Saudi Arabia this year and beyond, with lending activity projected to rise to match increasing demand from both consumers and businesses.
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With demand for electricity on the rise, and a national drive to boost renewable power production gathering strength, investor interest in Mongolia’s fledgling wind energy industry looks set to grow.
Institutes of higher learning in Oman are cooperating more closely with local businesses, as the Sultanate looks to boost employment opportunities for nationals in the private and public sectors.
The transport networks serving Papua New Guinea are set to receive a $1bn overhaul as the country moves to install the infrastructure needed for the next phase of its economic development.
Economic update | Ghana looks to keep oil jobs local
31 Mar 2014
The long-awaited implementation of domestic content legislation on February 1 is expected to help improve participation rates by local businesses in Ghana’s oil and gas sector.
The flow of foreign direct investment into Turkey picked up in the second half of 2013, and while the full-year figures were down, it appears external factors, rather than any cooling of the local economy, were the primary cause.