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Manama will struggle to vary its investor offering

Location:

BAHRAIN

The Economic Development Board (EDB), the country’s investment promotion agency, announced in March that its ‘golden licence’ scheme of incentives for local and foreign investors…

Brunei will step up efforts to diversify economy

Location:

BRUNEI

The IMF recently recommended structural reforms to bolster the economy, which has struggled to recover from the impact of the COVID-19 pandemic. Brunei has long been reliant on…

Abu Dhabi’s Africa outreach will accelerate

Location:

UNITED ARAB EMIRATES

State-owned company Abu Dhabi Ports (ADP) is also prominent in the continent’s maritime sector, with agreements to operate ports in Angola and Congo-Brazzaville. The UAE’s…

Gulf states: Western investment drive will accelerate

Location:

GULF STATES

This trend was sustained in 2023 with USD23bn worth of investments in US markets alone. However, Gulf investments are subject increasingly to greater Western scrutiny because of…

Egypt will prioritise its renewable energy sector

Location:

EGYPT

It has experienced a surge in investment in renewable energy, with projects worth USD4.4bn under development and prospective investments of a further USD6bn. Renewable energy is…

Algiers will be wary of dynamics in the south

Location:

ALGERIA

The region has nonetheless seen waves of protests and some inter-communal clashes and terrorism over the past decade and more. Moreover, there are strong grievances in the south…

Gulf economies are on a stable track despite risks

Location:

GULF STATES

The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…

Saudi capital spending allocations are on the rise

Location:

SAUDI ARABIA

However, because of the large surplus of 2.5% recorded in that year, Riyadh’s public debt is only about 25% of GDP, providing the government and the country’s sovereign wealth…

Chinese firms will expand presence in South-east Asia

Location:

CHINA/SOUTH-EAST ASIA

South-east Asia maintained its position as the largest recipient (40%) of China’s total Asia-Pacific engagement, which was valued at USD14.8bn, up USD12.4bn from 2022. In recent…

Riyadh will edge into a more visible role in Africa

Location:

SAUDI ARABIA

Hosting the inaugural Saudi-Africa summit in November, Riyadh pledged to invest USD25bn, provide USD10bn in export finance and commit USD5bn billion to development projects by the…