Industry

With the establishment of ambitious development goals for industries such as aeronautics, automotive and agro-industrial manufacturing, all which have become key contributors to the GDP, the demand for skilled workers has become a key issue. In line with this is the need for the kingdom to reduce unemployment. According to the High Commission...

The need to diversify production capacity and create jobs has been pushing Morocco to invest in its industrial sector. Outlining the expansion of manufacturing under a series of government-led programmes, a host of emerging sectors are gradually becoming essential for the country’s export capacity.

As moves to increase production in the country are executed, private and public operators are being supported by the development of special economic zones (SEZs) that offer tax breaks and a handful of other advantages to ease the import and export of merchandise.

A key driver of non-oil GDP growth, Dubai’s industrial sector continues to play an integral role in both its own diversification plans and those of the UAE. As a whole, the UAE is already the most diversified economy in the GCC, with only a third of its GDP coming from hydrocarbons activity. Recently, however, pressures from the oil price drop...

Dubai’s goal of becoming a key regional centre for exports of foodstuffs took a big step forward in early 2017 with the launch of a designated food park in the emirate, occurring alongside several other major developments in the food and beverage sector.

In June 2017 the UAE’s ruling Cabinet, chaired by Sheikh Mohammed bin Rashid Al Maktoum, ruler of Dubai and vice-president and prime minister of the UAE, approved the standardisation of the “Made in UAE” label, with the aim of strengthening the country’s manufacturing sector. The move forms part of a larger push to promote manufacturing in the...