The Middle East UAE: Sharjah Agriculture Search Page
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– In June the GCC and the UK officially launched negotiations for a free trade agreement – The deal is expected to boost renewable energy and food security in the bloc – The launch comes as the GCC looks to attract investment for diversification plans – A final agreement would expand the GCC’s global trade footprint As part of plans to expand and diversify its global trade partners,…
Food production in the GCC has long faced obstacles ranging from water scarcity to a lack of arable soil – factors that are being exacerbated by climate change. Prior to Covid-19, imports accounted for 85% of the region’s collective food needs. However, the disruption to global supply chains precipitated by the pandemic – as well as the more recent invasion of Ukraine by Russia – has underlined…
The GCC chemicals and petrochemicals industry demonstrated considerable resilience in the face of Covid-19 and oil price fluctuations. With economic diversification a leading concern for GCC economies, this publication details the structure, key stakeholders, and strategic contribution of chemicals and petrochemicals to economic diversification in the region. The report evaluates regional petrochemicals…
– Despite high oil prices, many Gulf countries are following fiscally stringent strategies – Saudi Arabia is expecting its first budget surplus in eight years in 2022 – Some countries are introducing corporate taxes and VAT to bolster revenue – Governments are balancing the need for diversification with fiscal realities As oil prices reach 7.5-year highs, a number of countries in the…
In the wake of a period of severe disruption to global trade, Gulf shipping and logistics companies are adapting to government efforts to boost self-sufficiency in the region, while also investing in corporate digital solutions to improve communication with stakeholders, and predict and mitigate challenges along the supply chain. Looking ahead, shipping and logistics companies face growing sustainability…
Sharjah entered the pandemic period in a resilient position thanks to a highly diversified and digitalised economy supported by strong fundamentals at the national level. With the emirate benefitting from one of the world’s highest vaccination rates, it is well positioned to enjoy a robust economic recovery supported by investment flows into high-potential segments such as ICT, logistics, health,…
– Higher oil prices helped Middle Eastern countries return to growth in 2021 – Notwithstanding the rebound, some governments rolled out fiscal rationalisation plans – Business-friendly and social reforms were implemented to improve competitiveness – Major players stepped up investment in a range of renewable energy solutions On the back of higher oil prices and a stronger global economic…