Recent moves by the Abu Dhabi and UAE governments to waive or reduce hotel and visa fees are expected to bolster the country’s important tourism sector and pave the way for more investments. In June the Abu Dhabi Executive Committee…
Improving economic conditions, increased tourism numbers and the launch of two major development projects are forecast to support growth in Abu Dhabi’s retail sector, especially within the food and beverages (F&B) segment. In late April it was announced that construction…
Dubai is making major moves to strengthen and diversify trade ties with Latin America. As part of its $27 million campaign to promote trade ties between Dubai and South America, the Dubai Chamber of Commerce and Industry (DCCI) opened its…
An expected increase in oil prices, combined with sustained growth in the non-oil sector, should drive economic expansion in Abu Dhabi in 2018, allowing the economy to rebound from a relatively flat performance in the previous 12 months. Abu Dhabi’s…
Increased activity in trade, tourism, and construction paved the way for another year of growth in Dubai, with momentum expected to continue through 2018 as the emirate’s preparations for Expo 2020 shift up a gear. Dubai’s economy looks set…
Jordan is tackling its budget deficit by going after tax dodgers as well as reducing the basket of goods covered by subsidies. At the beginning of October, Prime Minister Hani al Mulki said new changes to the Kingdom’s tax code would…
A national drive to boost support for Jordan’s SMEs is gaining pace, spearheaded by increased access to finance and plans to garner a more business-friendly operating environment. In June the World Bank and the Central Bank of Jordan (CBJ) announced…
An enhancement of Jordan’s airport infrastructure, coupled with an increase in the number of passenger routes to the Kingdom, could provide a welcome tourism boost. The completion of a second phase of work at Queen Alia International Airport (QAIA) last…