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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: 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.
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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: Saudi Arabia 2024
Saudi Arabia, the region’s largest economy, is progressing towards diversification under Vision 2030. The digital economy is a standout performer, contributing 14% of GDP, while government-led giga-projects open long-term opportunities across various sectors. Despite a dip in oil activities that reduced the current account surplus to 3.2% in 2023, tourism income surged by 38%, boosting the service trade surplus to a record high. The Kingdom’s economy is forecast to grow by 4.6% in 2025. Saudi Arabia offers a dynamic business environment, attracting both large corporations working with government entities and smaller companies leveraging private sector activity. Key sectors like banking, energy and construction are thriving, driven by strategic investment and reforms.
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Saudi Arabia, the region’s largest economy, is progressing towards diversification under Vision 2030. The digital economy is a standout performer, contributing 14% of GDP, while government-led giga-projects open long-term opportunities across various sectors. Despite a dip in oil activities that reduced the current account surplus to 3.2% in 2023, tourism income surged by 38%, boosting the service trade surplus to a record high. The Kingdom’s economy is forecast to grow by 4.6% in 2025. Saudi Arabia offers a dynamic business environment, attracting both large corporations working with government entities and smaller companies leveraging private sector activity. Key sectors like banking, energy and construction are thriving, driven by strategic investment and reforms.
The Report: Indonesia 2024
Indonesia, a South-east Asian archipelago with over 17,000 islands, has a long history dating back millions of years, marked by the early presence of Austronesians and the spread of Islam, which became dominant by the 17th century. Currently, Indonesia is poised for significant economic growth under the incoming administration of Prabowo Subianto, which aims for 8% annual growth, targeting a top-five global economy by 2045. Key priorities include infrastructure development, renewable energy investment and economic self-sufficiency, positioning Indonesia for continued socio-economic progress.
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Indonesia, a South-east Asian archipelago with over 17,000 islands, has a long history dating back millions of years, marked by the early presence of Austronesians and the spread of Islam, which became dominant by the 17th century. Currently, Indonesia is poised for significant economic growth under the incoming administration of Prabowo Subianto, which aims for 8% annual growth, targeting a top-five global economy by 2045. Key priorities include infrastructure development, renewable energy investment and economic self-sufficiency, positioning Indonesia for continued socio-economic progress.
The Report: Qatar 2024
While known primarily for its vast gas reserves prior to 2010, Qatar’s global profile received a major boost that year when it was chosen to host the 2022 FIFA World Cup, leading to a significant increase in infrastructure development throughout the country. Qatar is now leveraging its natural resources to become a knowledge-based, diversified economy, and it is looking to attract greater foreign direct investment to further develop its non-oil growth engines, such as tourism, sports, financial services, technology, real estate and logistics.
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While known primarily for its vast gas reserves prior to 2010, Qatar’s global profile received a major boost that year when it was chosen to host the 2022 FIFA World Cup, leading to a significant increase in infrastructure development throughout the country. Qatar is now leveraging its natural resources to become a knowledge-based, diversified economy, and it is looking to attract greater foreign direct investment to further develop its non-oil growth engines, such as tourism, sports, financial services, technology, real estate and logistics.
The Report: Ghana 2024
With robust economic fundamentals and significant export potential, Ghana is set to play a greater role in the economy of West Africa, as well as on the continent. The country expects to benefit from its young population, stable political environment and membership in the Africa Continental Free Trade Area, providing a point of entry for foreign and domestic investors to the country’s various economic sectors.
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With robust economic fundamentals and significant export potential, Ghana is set to play a greater role in the economy of West Africa, as well as on the continent. The country expects to benefit from its young population, stable political environment and membership in the Africa Continental Free Trade Area, providing a point of entry for foreign and domestic investors to the country’s various economic sectors.
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