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03 Sep 2012  |  South Asia, Middle East & North Africa

GCC Monetary Union: Understanding the Intricacies of Convergence

 

The GCC economies are major crude oil and natural gas producers. Level of monetary convergence in the GCC quantified by low inflation levels, low interest variations, and stable exchange rate regime makes it suitable for the monetary union. While Bahrain, Kuwait, Qatar, and Saudi Arabia are in agreement to form the GMU by 2013, Oman and the UAE are...

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26 Jun 2012  |  South Asia, Middle East & North Africa

Economic 360 for Saudi Arabia: Growth Prospects and Emerging Opportunities in the Healthcare Industry

Increased Private Participation to Drive the Growth of Saudi Arabia's Healthcare Industry

The Ministry of Health is responsible for the management of the healthcare delivery system, and oversees the provision of preventive, rehabilitative, and curative healthcare services in Saudi Arabia. The government is expected to encourage private-sector participation in the delivery of healthcare services between 2012 and 2015. Healthcare informa...

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07 May 2012  |  South Asia, Middle East & North Africa

Market for Membrane Systems in Indian Water and Wastewater Treatment Industry

 

Membrane Systems have been used in various applications for more than three decades, mainly for water treatment, including desalination of seawater and brackish water. With research and technical advancement and corresponding cost reductions, membrane systems are now capable of decontaminating non-saline water (including treated wastewater). This h...

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16 Mar 2012  |  South Asia, Middle East & North Africa

Economic 360 for the UAE: Growth Prospects and Emerging Opportunities in the Healthcare Industry

The UAE Emerging as a Hub for Healthcare Services in the Middle East

The UAE's healthcare industry is expected to witness strong growth, due to factors such as strong government support, rising population, and increasing incidence of non-communicable diseases. In addition, higher participation of private participants in the healthcare industry has resulted in improved healthcare infrastructure as well as insurance p...

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27 Jan 2012  |  South Asia, Middle East & North Africa

Outlook for the Indian Capital Goods Industry

 

India has shown significant promise as one of the worlds rapidly growing economies. While focusing on its strength of resilient economic policy, the Indian Government will need to address important issues pertaining to the capital goods industry: such as, rising prices of raw materials, lack of skilled manpower, and ambiguous environmental policie...

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06 Jan 2012  |  South Asia, Middle East & North Africa

Economic 360 for the UAE: Growth Prospects and Emerging Opportunities in the Energy Industry

The UAE's Energy Industry: Hydrocarbon Dominance to Gradually Make Way for Renewable Energy

The energy industry in the UAE is highly dependent on the hydrocarbon sector. Most of the electricity is generated using natural gas and the rest through other fossil fuels. The demand for oil and gas is envisaged to rise steadily driven by the increase in the demand for electricity during the forecast period. The government is likely to make inves...

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29 Dec 2011  |  South Asia, Middle East & North Africa

Economic 360 for the UAE: Growth Prospects and Emerging Opportunities in the Manufacturing Industry

Transformation of the UAE's Manufacturing Industry: Hydrocarbon to Non-hydrocarbon led Growth

The manufacturing growth in the UAE has been led by the development of the cement, petrochemicals, electrical machinery and power, food processing, and pharmaceutical industries. The government has been encouraging investments through special zones like the Industrial City of Abu Dhabi (ICAD) and Dubai Industrial City (DIC). The manufacturing indus...

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23 Nov 2011  |  South Asia, Middle East & North Africa

GCC Economies: Oil Dependence to Economic Diversification

 

The Gulf Co-operation Council (GCC) economies have been heavily dependent on the hydrocarbon sector, which accounts for a large part of their export earnings and government revenue. However, the GCC nations are striving to diversify and reduce the risks that stem from their economic dependence on the oil and gas sectors, which, although lucrative, ...

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18 Oct 2011  |  South Asia, Middle East & North Africa

Qatars Economic Growth Fuelled by Liquefied Natural Gas

 

The expansion of LNG trains in 2011 by the major LNG producers in Qatar (Ras Gas and Qatar gas) has increased the production and export capacity of LNG. Increase in the world's demand for LNG and various long term contracts signed by the country to supply LNG are expected to drive the economic growth of Qatar in 2011 and beyond. Investments have be...

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Lighting is the most effective tool to promote a city. It is not only a functional requirement, which provides safety and security to motorists and residents; it helps in rendering a visual identity and image. A well-lit city is always a reassuring place for its residents to stay and move around. It offers an economic benefit by way of attracting t...

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