Economic disruption caused by Covid-19, together with recent volatility in oil prices, has only reinforced the stark need for meaningful action
economic diversification
Bahrain Economic Development Board
Hospitality start-up Stella Stays announces expansion into Bahrain
Company targeting every major city in MENA region before moving on to expand into Europe and North America
Bahrain economy
Bahrain tops global financial attractiveness rankings for third consecutive year
Seven cities from the MENA region feature in the top 16 places of the AIRINC Global 150 Cities Index
economic diversification
Manufacturing: The key to the UAE’s recovery?
With the need for diversification in mind, the UAE launched Operation 300 Billion – a highly ambitious, 10-year program that aims to boost the industrial sector’s contributions to the economy
economic diversification
Gulf reform plans ‘accelerating’ as economies seek post-Covid boost
Experts say the global pandemic is fuelling a new urgency in economic diversification in the Middle East
Bahrain economy
How Gulf cities fared in the Global 150 Cities Index
The major metropolises of the Arab World feature prominently in the latest index from Air-Inc, which ranks cities around the world for earning power and quality of life
economic diversification
Arab world must accelerate reforms, says World Economic Forum
World Economic Forum says the Arab World continues to struggle to innovate and create broad-based opportunities for its youth
economic diversification
Why oil is still king in Saudi Arabia despite bets on future with Tesla
Saudi Arabia is investing in future technologies to hedge against oil but it’s the black stuff that’s still helping the kingdom shore up its finances
austerity measures
In pictures: Three reasons why confidence in GCC economy remains high
Survey from IMA and the Association of Chartered Accountants suggests optimism is at its highest in three years
Dubai
Dubai Chamber opens second office in Latin America
Dubai Chamber’s new representative office in Panama is its ninth in the world
BMI Research
New investment regulations to boost UAE’s diversification efforts
A new report from BMI Research suggests that the implementation of 10-year visas are a signal that the government won’t pursue Emiratisation at the expense of competitiveness
BMI Research
Oman construction sector the fastest growing in the Middle East
Oman’s infrastructure projects are driving spending in the construction sector, aided by favourable regulations in the sultanate that incentivise foreign investment