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The Report: Bahrain 2024
Bahrain has seen its economy expand through diversification efforts, with a focus on finance, industry and technology. Projects in infrastructure, digital transformation and tourism aim to drive growth and attract foreign investment. The kingdom is committed to sustainability, targeting a 30% reduction in carbon emissions by 2035. The financial sector is a key contributor with innovation in financial technology, and the insurance market is expected to benefit from the rollout of a mandatory health insurance scheme in early 2025. The government is also investing in renewable energy, aiming for 5% of energy to be sourced by renewables by 2025. Bahrain is also enhancing its transport sector with a $30bn expansion plan. With additional developments in the industrial sector, ICT, and education Bahrain continues to evolve as an attractive investment destination.
Bahrain has seen its economy expand through diversification efforts, with a focus on finance, industry and technology. Projects in infrastructure, digital transformation and tourism aim to drive growth and attract foreign investment. The kingdom is committed to sustainability, targeting a 30% reduction in carbon emissions by 2035. The financial sector is a key contributor with innovation in financial technology, and the insurance market is expected to benefit from the rollout of a mandatory health insurance scheme in early 2025. The government is also investing in renewable energy, aiming for 5% of energy to be sourced by renewables by 2025. Bahrain is also enhancing its transport sector with a $30bn expansion plan. With additional developments in the industrial sector, ICT, and education Bahrain continues to evolve as an attractive investment destination.
The Report: Sharjah 2023
Sharjah has emerged as a diverse economic powerhouse, with nearly 96% of its economic output driven by non-oil sectors. As host to six free zones and featuring a population of 1.8m, the emirate is prioritising economic diversification and cultural richness. Robust growth is seen across sectors like manufacturing, construction and real estate, supported by initiatives like Sharjah Sustainable City. Sharjah's commitment to sustainability is evident in its energy transition efforts, aiming for 32% clean energy by 2030. Boasting advanced education and health care sectors, Sharjah is also positioning itself as a global centre for culture and tourism, with significant infrastructure expansion underway.
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Sharjah has emerged as a diverse economic powerhouse, with nearly 96% of its economic output driven by non-oil sectors. As host to six free zones and featuring a population of 1.8m, the emirate is prioritising economic diversification and cultural richness. Robust growth is seen across sectors like manufacturing, construction and real estate, supported by initiatives like Sharjah Sustainable City. Sharjah's commitment to sustainability is evident in its energy transition efforts, aiming for 32% clean energy by 2030. Boasting advanced education and health care sectors, Sharjah is also positioning itself as a global centre for culture and tourism, with significant infrastructure expansion underway.
The Report: Kuwait 2024
Kuwait, with one of the region’s most dynamic political systems and the world’s six-largest crude oil reserves, has seen significant GDP growth in recent years. As part of its efforts to diversify away from a reliance on hydrocarbons, New Kuwait 2035, a long-term economic development framework, aims to transition the country from resource-based industries to knowledge-based ones.
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Kuwait, with one of the region’s most dynamic political systems and the world’s six-largest crude oil reserves, has seen significant GDP growth in recent years. As part of its efforts to diversify away from a reliance on hydrocarbons, New Kuwait 2035, a long-term economic development framework, aims to transition the country from resource-based industries to knowledge-based ones.
The Report: Abu Dhabi 2023
Abu Dhabi stands at the forefront of the MENA region’s economic growth, boasting a 9.3% growth rate in 2022. Looking ahead, the emirate’s ambitious roadmap, the Abu Dhabi Economic Vision 2030, charts a course for economic transformation.
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Abu Dhabi stands at the forefront of the MENA region’s economic growth, boasting a 9.3% growth rate in 2022. Looking ahead, the emirate’s ambitious roadmap, the Abu Dhabi Economic Vision 2030, charts a course for economic transformation.
The Report: Misrata 2024
Recognised as Libya’s commercial capital due to centuries of trade and commerce and its strategic location, Misrata serves as a vital gateway for imports and exports, facilitating trade connections between the city, other parts of Libya and countries situated along the Mediterranean Sea.
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Recognised as Libya’s commercial capital due to centuries of trade and commerce and its strategic location, Misrata serves as a vital gateway for imports and exports, facilitating trade connections between the city, other parts of Libya and countries situated along the Mediterranean Sea.
The Report: Saudi Arabia 2023
Saudi Arabia's dynamic economy is poised for growth, driven by its Vision 2030 diversification agenda. The Kingdom aims to transform its industries, stimulate innovation and solidify its global position. The country’s commitment to modernise its energy sector, targeting 650 GW of renewable energy by 2060, signals a promising future characterised by economic diversification and prosperity.
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Saudi Arabia's dynamic economy is poised for growth, driven by its Vision 2030 diversification agenda. The Kingdom aims to transform its industries, stimulate innovation and solidify its global position. The country’s commitment to modernise its energy sector, targeting 650 GW of renewable energy by 2060, signals a promising future characterised by economic diversification and prosperity.
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