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The Report: Saudi Arabia 2025
Saudi Arabia is entering a new phase of Vision 2030, the Kingdom’s long-term development roadmap, with greater emphasis on consolidating and maximising the impact of economic reforms introduced over the past decade. Since the launch of Vision 2030 in 2016, the Kingdom has pursued an ambitious agenda aimed at diversifying and moving away from hydrocarbons and expanding private sector activity. Saudi Arabia is increasingly well positioned to sustain the growth of recent years and drive foreign capital inflows and privatisation, positioning it as a globally competitive investment destination while reinforcing international confidence in the Kingdom’s policy direction.
Saudi Arabia is entering a new phase of Vision 2030, the Kingdom’s long-term development roadmap, with greater emphasis on consolidating and maximising the impact of economic reforms introduced over the past decade. Since the launch of Vision 2030 in 2016, the Kingdom has pursued an ambitious agenda aimed at diversifying and moving away from hydrocarbons and expanding private sector activity. Saudi Arabia is increasingly well positioned to sustain the growth of recent years and drive foreign capital inflows and privatisation, positioning it as a globally competitive investment destination while reinforcing international confidence in the Kingdom’s policy direction.
The Report: Djibouti 2023
With its strategic location at the crossroads of Africa, Asia and the Middle East, Djibouti’s stability and solid macroeconomic fundamentals make it an emerging market stand-out in 2023. Although the transport and logistics sector forms the backbone of the country’s economy, Djibouti is diversifying significantly to transform itself into a regional centre of trade and investment.
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With its strategic location at the crossroads of Africa, Asia and the Middle East, Djibouti’s stability and solid macroeconomic fundamentals make it an emerging market stand-out in 2023. Although the transport and logistics sector forms the backbone of the country’s economy, Djibouti is diversifying significantly to transform itself into a regional centre of trade and investment.
The Report: Nigeria 2024
Nigeria’s global strategic importance derives from its position as having both Africa’s largest population and economy, a reality undergirded by the entrepreneurial drive of its young population. Despite the lingering effects of the Covid-19 pandemic on the economy, aggressive intervention programmes by the Central Bank of Nigeria and support from international partners fuelled a recovery in 2021, with GDP growing 3.6% that year and 3.3% in 2022 after contracting 1.8% in 2020.
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Nigeria’s global strategic importance derives from its position as having both Africa’s largest population and economy, a reality undergirded by the entrepreneurial drive of its young population. Despite the lingering effects of the Covid-19 pandemic on the economy, aggressive intervention programmes by the Central Bank of Nigeria and support from international partners fuelled a recovery in 2021, with GDP growing 3.6% that year and 3.3% in 2022 after contracting 1.8% in 2020.
The Report: Oman 2023
Due to the hydrocarbons-focused nature of its economy, Oman was not immune to the global shocks of the past decade. The government is therefore pursuing economic diversification, with specific sectors being strategically targeted for development. The authorities have also rolled out a number of new laws in recent years to create a more accommodating legislative environment for investors, and have focused on privatising government-owned enterprises, creating special economic zones and strengthening local representation in the workforce.
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Due to the hydrocarbons-focused nature of its economy, Oman was not immune to the global shocks of the past decade. The government is therefore pursuing economic diversification, with specific sectors being strategically targeted for development. The authorities have also rolled out a number of new laws in recent years to create a more accommodating legislative environment for investors, and have focused on privatising government-owned enterprises, creating special economic zones and strengthening local representation in the workforce.
The Report: Kuwait 2022
The economy of Kuwait has long been underpinned by the production and export of crude oil. Although the rise in energy prices in 2021-22 boosted government revenue and macroeconomic stability, the Covid-19 pandemic, which preceded the commodity price boom, underscored the risk of over-reliance on an industry subject to fluctuating global demand.
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The economy of Kuwait has long been underpinned by the production and export of crude oil. Although the rise in energy prices in 2021-22 boosted government revenue and macroeconomic stability, the Covid-19 pandemic, which preceded the commodity price boom, underscored the risk of over-reliance on an industry subject to fluctuating global demand.
The Report: Saudi Arabia 2022
Saudi Arabia has undergone significant reforms to foster growth and diversification. While some initiatives were delayed during the Covid-19 pandemic, progress in areas such as the digital economy accelerated. Aided by elevated oil prices in 2022, strategies underlined in Vision 2030 continue moving forwards, and the Kingdom today presents ample opportunities for foreign investors, underpinned by efforts to boost private sector participation in the economy.
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Saudi Arabia has undergone significant reforms to foster growth and diversification. While some initiatives were delayed during the Covid-19 pandemic, progress in areas such as the digital economy accelerated. Aided by elevated oil prices in 2022, strategies underlined in Vision 2030 continue moving forwards, and the Kingdom today presents ample opportunities for foreign investors, underpinned by efforts to boost private sector participation in the economy.
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