Economic Updates

Turkey’s FDI improves in second half of 2013

Turkey | 28 Mar 2014
Turkey’s FDI improves in second half of 2013

The flow of foreign direct investment into Turkey picked up in the second half of 2013, and while the full-year figures were down, it appears external factors, rather than any cooling of the local economy, were the primary cause.

Myanmar invests in transportation

Myanmar | 27 Mar 2014
Myanmar invests in transportation

With a number of on-going projects and more in the pipeline, Myanmar looks set to reduce its transport infrastructure gap, although a shortage of labour and materials could drive up costs.

Harnessing ICT for development in Kenya

Kenya | 27 Mar 2014
Harnessing ICT for development in Kenya

Having already benefited from initiatives such as mobile banking service M-pesa, Kenya’s commitment to further develop the information and communications technology (ICT) industry is expected to create opportunities for private sector investors.

New facilities provide a boost for Dubai’s aviation industry

UAE: Dubai | 26 Mar 2014
New facilities provide a boost for Dubai’s aviation industry

A new aviation district in Dubai is set to spearhead growth across the maintenance, repair and overhaul industry, while strengthening the emirate’s position as one of the world’s largest air transport hubs.

Jordan’s education system adjusts to meet new challenges

Jordan | 26 Mar 2014
Jordan’s education system adjusts to meet new challenges

The authorities in Jordan are taking steps to reduce the current gap between the university classroom and workplace, while also opening the door to more foreign students.

Rand’s fall enhances South Africa’s tourism strengths

South Africa | 25 Mar 2014
Rand’s fall enhances South Africa’s tourism strengths

After a challenging few years, South Africa’s tourism sector is bouncing back, benefitting from the country’s affordability as a destination and its position as a business centre.

Kuwait property sales surge in early 2014

Kuwait | 25 Mar 2014
Kuwait property sales surge in early 2014

While real estate sales in Kuwait exceeded $1bn in the first month of 2014, a shortage of housing at the lower end of the market continues to represent a challenge.