Efforts to boost the role of the private sector in Brunei Darussalam are set to be stepped up with the government’s new budget, rolled out on April 1, that includes tax reductions and incentives aimed at supporting business development.
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Au Gabon, le taux de pénétration du secteur financier formel devrait dans les prochains mois évoluer à la hausse, notamment du fait d’un effort concerté de la part des banques pour développer les services de transactions financières par téléphone portable.
Rapid expansion in Papua New Guinea’s property market is set to be further heated by new foreign investment. However, industry players reject fears of a bubble and predict that rising prices will soon stabilise.
Renewed confidence in the medium- and long-term outlook for Egypt’s economy is buoying its capital markets, with stocks up strongly in 2012 and bond issues attracting plenty of interest. In spite of lingering political uncertainty, good growth prospects, a large and growing domestic market, and likely backing from the IMF are all helping to restore much-needed investor confidence.
La compagnie pétrolière nationale publique algérienne, la Sonatrach, est passée à la vitesse supérieure dans son plan de développement qui prévoit 68 milliards de dollars d’investissements en 4 ans : elle a en effet signé un accord avec un consortium mené par la compagnie pétrolière espagnole Repsol pour le développement d’un projet gazier comportant six nouveaux champs dans la région de Reggane Nord.
The Kingdom’s insurance industry looks set to enjoy solid growth over the coming few years thanks to an increased flow of state investments and rising demand for health and property coverage. Greater awareness among Saudis of the benefits of both life and non-life insurance policies should also boost policy take-up.