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Bahrain raises game to attract foreign students
Economics

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With the aim of creating a niche for itself as a top student destination in the Gulf, Bahrain hopes international students will fill up to 35% of all university places over the next decade, according to projections from the national education plan.

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Tourism set for growth in Ras Al Khaimah
Travel

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Ras Al Khaimah saw its tourism industry hit a high note in 2014, with revenues surpassing Dh1bn ($242.9m), bolstered by the addition of new rooms and a rise in the number of hotel nights spent by visitors in the emirate.

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Dubai considers electric car solutions
Economics

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Electric vehicles may be set to become a more familiar sight on the streets of Dubai. The emirate has one of the world’s highest car ownership ratios and the authorities are expanding the infrastructure for battery-run cars and introducing new incentives to encourage people to switch to more environmentally-friendly options.

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Saudi Arabia rail project progresses
Economics

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Further progress has been made in plans to build the Gulf region’s rail network, with Saudi Arabia looking to closely align the project with its economic and social priorities.

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Algeria aims to energise the bourse
Finance

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The Algerian stock market has launched reforms to encourage new listings and bolster its market capitalisation, although private sector representatives have pushed for greater regulatory transparency.

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Kuwait homes in on property market
Real Estate

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Last year saw a record high in real estate sales, which surged 18.5% year-on-year (y-o-y) to KD4.3bn ($14.3bn). Sales in the investment segment rose 30% to a value of KD1.8bn ($6.0bn), while residential sales increased 5% to KD1.9bn ($6.3bn).

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Jordan’s tourism industry feels impact of regional volatility
Travel

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A concerted drive is under way in Jordan to reinvigorate the important tourism sector that has been curtailed by regional instability.

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Double-edged sword for Omani industry
Industry

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From the start of this year, Oman has doubled gas tariffs for industrial producers, with the move expected to squeeze margins for operators. However, the higher prices may spur a move towards greater efficiency, which could benefit the sector over the long-term.

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Bahrain introduces measures to spur property growth
Real Estate

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With gains in the Bahraini real estate market demonstrating a gradual return of investor and developer confidence, a drive to restart work on long-delayed residential developments is likely to give further impetus to the recovery.

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Morocco retail sector mirrors growing wealth, changing habits
Economics

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More than three-quarters of Morocco’s retail activity takes place among small-scale or informal retailers, but that is beginning to visibly change, with dedicated retail property growing and large foreign retailers expanding.

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