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Albania’s tourist boom will endure

Location:

ALBANIA

Albanian tourism is booming. The country has posted Europe’s strongest growth in terms of overnight stays (the EU average was 13%). More than 60% of bookings came from foreign…

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…

Turkey plans for competitive industries, lower imports

Location:

TURKEY

Development plans define what constitutes mainstream social and economic policy in Ankara. This plan lays out the intentions of President Recep Tayyip Erdogan’s Justice and…

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…

Dominican election result points to stability

Location:

DOMINICAN REPUBLIC

His Modern Revolutionary Party (PRM) did similarly well, securing its largest-ever Senate majority and taking a majority in the Chamber of Deputies. Success was built on a strong…

Jordan’s stalled economy risks rising social tensions

Location:

JORDAN

The economy faces chronic problems of low growth, joblessness and declining living standards, resulting in periodic protests. Its heavy dependence on foreign aid, especially from…

Gaza war will hit non-oil Middle East economies hard

Location:

MIDDLE EAST

The conflict will damage the economic prospects of Israel, Egypt and Jordan, even without a major regional escalation. The Gulf Arab states, Iraq and Algeria will benefit from the…

Bhutan’s new government may find itself stretched thin

Location:

BHUTAN

The People’s Democratic Party (PDP) was the winner. Poll campaigning was dominated by debate over the economic headwinds facing the small Himalayan kingdom, which lies between…

Thai search for investors in land bridge will be tough

Location:

THAILAND

The road-and-rail project, which could end up costing around USD30bn, would link deep-water ports on either side of the Kra Isthmus, in effect connecting the Andaman Sea and the…