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China will keep treating private firms with disfavour

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CHINA

The NPC Standing Committee that same week expanded the State Secrets Law. Information clampdowns denting business confidence undermine efforts to boost the private sector and…

Colombia’s new mining law poses regulatory risks

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COLOMBIA

The government proposes banning new contracts for thermal coal exploitation, shortening timeframes for mining exploration and introducing new environmental regulations that could…

Gulf states: Western investment drive will accelerate

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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…

Riyadh’s judicial reforms will help drive investments

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SAUDI ARABIA

Measures include a new civil code, the Civil Transactions Law, which came into effect in December 2023 and aims to provide comprehensive coverage of all aspects of contracts…

Algeria will tightly control private enterprise

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ALGERIA

Since his 2019 election, the president has introduced reforms to attract foreign investment, albeit only to a handful of sectors. The president remains opposed to opening the…

Costa Rica's medical device sector will grow further

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COSTA RICA

Precision and medical equipment has been the country’s largest export sector since 2017. It maintained that position in 2023, achieving 28% growth year-on-year and contributing…

Egypt's economy will stand on firmer ground

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EGYPT

Its actions included floating the currency, which triggered a major devaluation, and a 600-basis point increase in its benchmark interest rate to 27.75%. Meanwhile, the government…

Oman's LNG exports will increase as oil plateaus

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OMAN

Previously, in January, the energy ministry announced it was offering three new oil and gas concessions. Muscat wants to engage private companies in efforts to unearth fresh…

Ecuador’s 2024 budget will prompt mixed reactions

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ECUADOR

However, there are signs that political cooperation is beginning to crumble, which will reduce the pace of reform. A National Assembly vote later this month on the government’s…

Indian telecoms law expands state's powers

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INDIA

The changes follow complaints from the government about the content generated by Gemini on some of Prime Minister Narendra Modi’s policies. While election-related disinformation…