How is the continued economic downturn in European and US markets affecting competition in growth markets such as the Gulf?
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Interviews & Viewpoints | OBG talks to Bader Abdullah Al Darwish, Chairman and Managing Director, Darwish Holding from The Report: Qatar 2012
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.
El sector minorista de Colombia se desarrolla con rapidez gracias al fuerte crecimiento del crédito de consumo, el cual ha hecho posible que se estén construyendo a lo largo del país un número considerable de nuevos centros comerciales.
Recent years have been tough going for the global retail sector, and the Gulf region is no exception to this trend. As unemployment has risen, bank credit has dried up and consumer confidence has withered. In Qatar, however, things look somewhat brighter. Although growth in the sector has slowed, the state has recently seen expansion of both retail brands and shopping outlets. In addition to the...
Since 1953, when oil was first discovered near Port-Gentil, Gabon’s economy has been dominated by the petroleum industry. According to the BP “Statistical Review of World Energy 2012”, Gabon is the sixth-largest crude oil producer in sub-Saharan Africa and has the region’s fourth-largest proven reserves.
Economic update | India: Opening up retail
12 Oct 2012
Faced with a subdued economic prognosis, in September the government introduced a law that will relax regulations for foreign direct investment (FDI) and ease the business environment for foreign entrants to the retail sector. The politically sensitive ruling, issued on September 20 by the Department of Industrial Policy and Promotion, allows for 51% FDI in multi-brand retailing and comes swiftly on the heels of a September 14 cabinet ruling that relaxes the sourcing norms for foreign retailers investing beyond 51%.