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Predictions & Expectations

يناير 06 2016
The Oath, 1 January 2016: Legislative developments, economic diversification and boosting foreign investment are at the top of the list for the Middle East in 2016

Takes a look on the future plans and trends in the Middle East. Looking ahead to 2016, perhaps one silver lining for Kuwait and other Gulf economies is that lower oil prices have forced governments to consider the introduction of new policies to help protect their respective economies, which could in turn mean they come out stronger as a result. In 2016, the Kingdom of Saudi Arabia will benefit from the recently articulated new economic policy transformation plan that is expected to be announced in further detail soon. The United Arab Emirates reconfirms its commitment to aligning itself with global best practices as various recent laws and regulations take effect from 2016. Egypt looks forward to a positive 2016 following a difficult three-year period of revolution and instability.

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