Economic Updates

Nigeria gears up for ICT growth

Nigeria | 18 Sep 2014
Nigeria gears up for ICT growth

Information and communication technology (ICT) is set to become an integral part of daily life in Nigeria, following the pilot launch in August of a new nationwide electronic identity card programme, which includes e-payment functionality.

Développement de l'irrigation pour soutenir la production agricole algérienne

Algeria | 18 Sep 2014
Développement de l'irrigation pour soutenir la production agricole algérienne

Les pressions extérieures subies en 2014 ont pesé plus lourdement qu'à l'accoutumée sur le secteur agricole algérien, ce qui représente un défi de taille pour le pays, compte tenu de sa facture des importations. Néanmoins, les mesures prises pour renforcer les performances à long terme du secteur, telles que le déploiement des techniques d'irrigation, commencent à porter leurs fruits.

Brunei Darussalam leads on vocational learning

Brunei Darussalam | 18 Sep 2014
Brunei Darussalam leads on vocational learning

Vocational training has become a key focus in Brunei Darussalam as it aims to meet the shifting demands of its economy as well as the challenges that economic integration with the rest of ASEAN is expected to bring after 2015.

Qatar’s real estate sector heats up

Qatar | 17 Sep 2014
Qatar’s real estate sector heats up

Real estate prices in Qatar hit record highs in June after rising 28.9% year-on-year (y-o-y) according to the Real Estate Price Index (REPI) published by the Qatar Central Bank (QCB), its most recent data. The average prices for land, commercial and residential properties in June were 20% higher than the previous peak of September 2008, the central bank said.

Perú impulsa la reforma del sistema educativo superior

Peru | 17 Sep 2014
Perú impulsa la reforma del sistema educativo superior

En un prolongado esfuerzo planificado para mejorar la envergadura de la educación superior, Perú ha aprobado una ley que reformará las universidades del país. Sin embargo, esta llega en un momento de críticas que indican que el cambio afectará a la autonomía universitaria al mismo tiempo que la etapa de transición ha quedado marcada por la falta de directivas.

Looking to Suez expansion for economic growth in Egypt

Egypt | 16 Sep 2014
Looking to Suez expansion for economic growth in Egypt

Hopes are rising that a $4bn project to widen the Suez Canal will provide Egypt with a boost in construction activity, while also significantly raising revenue in the longer term.

Indonesia prepares to boost oil production

Indonesia | 16 Sep 2014
Indonesia prepares to boost oil production

A wave of energy exploration and extraction projects is expected to be rolled out in Indonesia over the coming months, with an increased focus on developing new offshore reserves.