• Industry

    Many emerging markets are working to build their manufacturing sectors to maximise the value of their natural resources. OBG provides an overview, highlighting key areas for investment. Typical industries covered include agro-food, automotive, petrochemicals, pharmaceuticals and textiles.
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How can Dubai ensure that its maritime industry remains attractive to foreign investors?

The automotive sector in Dubai has seen some spectacular growth in recent times, with a recent and widespread economic recovery and the new mood of consumer optimism driving domestic demand.

The fast-moving consumer goods (FMCG) subsector has come in for special focus in recent times, with Dubai seeking to reduce its bills for imported food and beverages (F&B), while also growing its own business and employment opportunities – and by doing so, also tackling growing concerns about food security.

Recent times have seen Dubai’s industrial sector emerge from the downside of the 2008-09 global crisis, with order books growing and confidence returning. The expectation of major future business is also strong, particularly since the emirate was awarded Expo 2020. Though there is an underlying mood of caution among many, this new conservatism has been generally positive...

In which areas will the local maritime industry face the biggest challenges in terms of human capital?

 

While the general outlook for global shipping remains underwhelming, the route into the region has been performing strongly. In October 2014 the energy analysis and research firm, Platts, reported that there was an undersupply of ships serving the Gulf. This has led to a sharp spike in rates in the region and the diversion of several Aframax...

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