Industry Articles & Analysis

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A key driver of non-oil GDP growth, Dubai’s industrial sector continues to play an integral role in both its own diversification plans and those of the UAE. As a whole, the UAE is already the most diversified economy in the GCC, with only a third of its GDP coming from hydrocarbons activity. Recently, however, pressures from the oil price drop...

 

In June 2017 the UAE’s ruling Cabinet, chaired by Sheikh Mohammed bin Rashid Al Maktoum, ruler of Dubai and vice-president and prime minister of the UAE, approved the standardisation of the “Made in UAE” label, with the aim of strengthening the country’s manufacturing sector. The move forms part of a larger push to promote manufacturing in the...

 

Dubai’s goal of becoming a key regional centre for exports of foodstuffs took a big step forward in early 2017 with the launch of a designated food park in the emirate, occurring alongside several other major developments in the food and beverage sector.

 

A defining characteristic of President Nana Akufo-Addo’s industrial policy is decentralisation. The new administration is hoping to drive economic growth and employment by encouraging the development of industry in every region of the country.

 

As the economy grew following the discovery of domestic oil in 2007, expectations of increased consumer spending soon followed. Ghana has much to offer retailers: by regional standards, it offers a relatively affluent consumer base in a stable environment; furthermore, the formal retail supply is limited, providing opportunities for growth....

 

Industry is at the centre of government plans to transform the economy from one reliant on its resource base to one driven by value-added exports. The current administration – which, among other things, is seeking to establish a factory in every one of the country’s more than 200 districts – has discussed moving away from a dependence on cocoa...