Economic Updates

Egypt aims to boost wheat self-sufficiency

Egypt | 15 Jul 2014
Egypt aims to boost wheat self-sufficiency

With only limited opportunity to improve wheat yields due to shortages of arable land and water, Egypt is looking to tightening up the storage and logistics links in its grain supply chain to reduce import costs and bolster food security.

Philippines heads for construction boom

Philippines | 15 Jul 2014
Philippines heads for construction boom

The government in the Philippines is giving a new push to major construction projects awarded under a public-private partnership scheme, putting the building sector on a strong growth path after last year's Typhoon Haiyan wrecked havoc in the southeast Asian country.

Ghana eyes Accra’s air hub potential

Ghana | 15 Jul 2014
Ghana eyes Accra’s air hub potential

News that South African Airlines (SAA) looks to be homing in on Ghana as the most likely location for a secondary hub should bolster the country’s efforts to carve a niche as a regional air transport centre.

Indonesia shows its steel with export ban

Indonesia | 14 Jul 2014
Indonesia shows its steel with export ban

Indonesia is eyeing higher export levels in the second half of 2014, despite continuing concerns over the impact of a controversial ban on shipments of a key commodity.

Kuwait seeking its place in the sun

Kuwait | 14 Jul 2014
Kuwait seeking its place in the sun

Kuwait is to broaden its energy production, launching the first step in an extensive renewable energy programme intended to ease reliance on hydrocarbons while at the same time building awareness of the commercial and investment opportunities offered by solar energy.

Le Maroc et la Tunisie tentent de ressusciter l’Union du Maghreb Arabe

Morocco | 11 Jul 2014
Le Maroc et la Tunisie tentent de ressusciter l’Union du Maghreb Arabe

A l’occasion d’une visite du roi du Maroc Mohammed VI fin mai, le Maroc a conclu avec la Tunisie toute une série d’accords de coopération, relatifs aux secteurs public et privé, afin de renforcer les liens bilatéraux et encourager une plus grande intégration régionale.

Retail explosion may lure top brands into Oman

Oman | 11 Jul 2014
Retail explosion may lure top brands into Oman

The retail sector in Oman is set to enjoy solid growth in 2014, with disposable incomes on the rise and economic expansion being fed by higher levels of state investment, though a rapid expansion of retail space in the capital may soon leave shoppers spoiled for choice, putting pressure on rental charges and returns.