Oil and gas production continues to dominate the Algerian economy, accounting for almost all of exports, close to half of government revenue and over a third of GDP. In recent years non-hydrocarbons GDP has outstripped wider economic growth, though this is largely driven by public spending rather than private sector activity.
Interviews & Viewpoints | David Salt, Partner, Clyde & Co, on standardising safety regulations from The Report: Qatar 2012
The continuing development and expansion of Qatar’s infrastructure in anticipation of the 2022 World Cup and in line with the National Development Strategy published in March 2011 has highlighted the need for a centralised occupational health, safety and environment (HSE) regime. Historically Qatar had various pieces of legislation in place that...
Articles & Analysis | Rules of the game: Legislation for operating a business from The Report: Qatar 2012
In its Public Information Notice No. 12/7, the International Monetary Fund noted that Qatar’s GDP growth rate is projected to be approximately 6% in 2012, half of which is related to hydrocarbons sales. In line with its effort to lessen its reliance on the oil and gas sector, it is estimated that government investment in large-scale infrastructure...
Articles & Analysis | Now on the books: A look at new laws and recent regulatory developments from The Report: Qatar 2012
Several new laws and regulations were introduced in 2011 and 2012 that will affect businesses operating in Qatar. A brief summary of these new laws and recent regulatory developments is set out here.
With the National Bureau of Statistics(NBS) recording a real GDP growth rate, on an aggregatebasis, of 7.13% in the first quarter of 2011, and a slightly lower 6.17% for the same quarter in 2012, Nigeria boasts the continent’s second-largest economy after South Africa. Africa’s largest oil producer, Nigeria is the third-largest recipient of foreign direct investment in the continent after Angola and Egypt, according to the US Diplomatic Mission.
Articles & Analysis | Framework for investment: Legislation is designed to support the local economy and promote private participation in key sectors from The Report: Nigeria 2012
With the commencement of the sixth republic, the Nigerian president, President Goodluck Ebele Jonathan, introduced a transformation agenda in which he promised to achieve the Vision 20:2020 goals developed by the Yar’Adua/Jonathan administration.