Economic Updates

Turkey: Gearing up for competition

South Eastern Europe | 14 Jun 2013

Turkey is planning to polish its credentials as an international transportation hub by building one of the world’s largest airports in Istanbul, a facility that is intended to serve the growing travel market and also cater to transit traffic, though it will face stiff competition from established airports in the Middle East and Europe.

Bahrain: Legal changes expected to boost property market

The Middle East | 14 Jun 2013

New incentives for property buyers could stimulate activity in the residential sector of Bahrain’s real estate market, a segment that is beginning to see signs of limited recovery.

Oman: Linking up the food chain

The Middle East | 13 Jun 2013

New investments in Oman’s agro-industries will not only help bolster the Sultanate’s food security and ease reliance on imports, but also have the capacity to provide increased business opportunities in food processing and support services.

Ghana: Growing demand for electricity

Ghana | 12 Jun 2013

The launch of the first phase of operations at the Bui dam hydroelectric project in May marked a key step forward for meeting Ghana’s rising demand for electricity.

Colombia: Se inaugura un nuevo oleoducto

Latin America | 12 Jun 2013

Las mejoras en infraestructura de transporte de hidrocarburos - incluyendo entre estas el oleoducto que será inaugurado durante los próximos meses - respaldarán los esfuerzos que Colombia viene realizando por satisfacer la creciente demanda de crudo, aprovechando al máximo los nuevos y prometedores hallazgos.

South Africa: Unsecured loans weigh on banking sector

South Africa | 11 Jun 2013

Bankers have been quick to downplay weak results from one of South Africa’s largest providers of unsecured loans, saying the decline in profits at African Bank Investments Limited (ABIL) does not portend more wide-spread problems in the sector.

Algérie: Une production alimentaire locale pour réduire les coûts – et peut être les subventions

Algeria | 11 Jun 2013

Porté par les revenus considérables de ses exportations d’hydrocarbure, le gouvernement algérien a lancé une série d’initiatives ayant pour but de moderniser le secteur agricole et de dynamiser la production alimentaire.