The outlook for the Gulf projects market
|
|
- Ophelia Cummings
- 6 years ago
- Views:
Transcription
1 The outlook for the Gulf projects market The Confederation of Danish Industry s Middle East Day, Copenhagen 7 December, 2011 Angus Hindley, MEED Research Director
2 MEED Insight MEED Insight is a bespoke research service brought to you by the MEED group ( Providing tailor-made research, data and analysis, MEED Insight draws on our data-rich archives and unique relationships with key business decision-makers across the Middle East. OUR EXPERTISE SELECTED REPORTS GCC WASTEWATER 2009 INDUSTRY & SECTOR SCOPING MARKET SURVEYS EVALUATION & FORECASTING MARKET ENTRY STRATEGY PROJECT OVERVIEW & COMPETITIVE ANALYSIS POWER & WATER IN GCC For information on MEED Insight, please contact angus.hindley@meed.com
3 Agenda The impact of the Arab spring The drivers for capital investment in infrastructure The opportunities, challenges and procurement trends The recent performance of the Gulf projects market Closing remarks
4 2011, the year of the Arab spring Revolution and regime change Serious civil unrest Political reforms announced Political reforms announced Minor demonstrations Morocco Tunisia Libya Egypt Syria Jordan Kuwait Bahrain Saudi Arabia Oman Serious civil unrest Revolution and regime change Revolution and regime change Minor demonstrations Yemen Serious civil unrest Minor demonstrations In the GCC, serious political unrest has been confined to, and contained in, Bahrain. In the rest of the Middle East and North Africa, regime change has taken place in three states and civil war in two more
5 The carrot and stick approach in the Gulf GCC troops sent into Bahrain in March 2011 to effectively seal the island state, in a move accompanied by a $10bn aid package Massive pay increases announced for government employees across most of the GCC Major spending programmes announced to remove any potential flashpoints - Saudi Arabia launches 500,000 unit housing programme and new employment rules to create 1.1 million jobs by Oman unveils anti-corruption drive and pledges to create 40,000 jobs a year - the UAE pledges to improve infrastructure in the northern emirates, which is well below the standards in Abu Dhabi and Dubai
6 $ a barrel The high oil price has bankrolled higher spending 120 The oil price, Despite downward revisions, oil prices are expected to remain above the GCC breakeven point of $80-85 a barrel Source: Deutsche Bank
7 % The economic impact of the Arab spring Outside the regime change states of Egypt, Tunisia and Libya, economic growth will rise in 2011 due to increased public spending and higher oil prices GDP growth in selected MENA countries, Egypt Iraq Jordan Kuwait Oman Qatar Saudi Arabia Tunisia UAE Source: IMF
8 % The drivers for increased public expenditure 12 Population growth in selected MENA states, All MENA states have high demographic rates, most notably in Qatar where the population doubled in the five years to Iraq Kuwait Libya Oman Qatar Saudi Arabia UAE Source: IMF
9 Bahrain Kuwait Oman Qatar Saudi Arabia Abu Dhabi Dubai Iraq MW The need for new capacity Installed and required power capacity in selected Gulf states, In addition to meet increasing demand from expanding populations and economies, there is a growing need to decommission infrastructure which is now at the end of its life having been built in the 1970s and 1980s. 90,000 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10,000 0 Installed capacity, 2010 Required total capacity, 2019 Source: MEED Insight
10 The need for new capacity $m Planned water and wastewater spending in the GCC, Over $60bn will be required in the water and wastewater sectors to meet demand, increase capacity and expand network coverage with about half of the investment accounted for by Saudi Arabia 35,000 30,000 25,000 20,000 15,000 10,000 5,000 0 Water Wastewater Sources: MEED Insight, GWI
11 The need for new capacity Planned transportation projects by GCC state ($m) Aviation Rail Roads Ports Total Bahrain 4,900 7,900 1, ,877 Kuwait 3,389 14,000 8,159 2,660 28,208 Oman 12,604 2,500 9,992 7,928 33,024 Qatar 15,246 36,875 7,167 11,474 70,762 Saudi Arabia 19,567 40,656 4,132 9,100 73,455 UAE 8,732 17,498 25,831 3,783 55,844 Source: MEED Projects Over $275bn of transportation projects are planned with rail accounting for the largest share of the total at $120bn
12 The procurement options New power capacity procured from the private developer market, has been a record year for power capacity contracted from the private developer market, despite only three projects being concluded Source: MEED Insight
13 The procurement options Outside the power and desalination sector, the prospects for private procurement are very mixed Successful PPP type projects have been few and far between in the last two years with the notable exceptions of the Al-Muharraq STP in Bahrain and Medina airport in Saudi Arabia Abu Dhabi has effectively abandoned the approach for its social infrastructure programme, as well on flagship transportation projects such as the midfield terminal and Mafraq-Ghuweifat highway Kuwait s Partnerships Technical Bureau (PTB) has over 30 large-scale infrastructure projects planned as PPPs but much will depend on how the Al- Zour north IWPP proceeds National Water Company (NWC) is revisiting the BOT model for its $30bn capital investment programme, with the aim of tendering its first project in 2013
14 Issues facing private procurement GCC governments are cash rich, having benefitted from 10- years of rising oil prices Projected budget surpluses in selected GCC states, ($bn) The global credit crunch, and subsequent Eurozone crisis, has hit the GCC project finance market The perceived high cost of PPPs against conventional procurement The often lengthy time taken to deliver a PPP Kuwait Qatar Oman Saudi Arabia Source: MEED Insight
15 The recent performance of the Gulf projects market Major contract awards in the Gulf, * 2010* 2011* Bahrain Iraq Kuwait Oman Qatar Saudi Arabia UAE * first nine months Source: MEED Projects Saudi Arabia has maintained its position as the largest projects market in the MENA region in 2011 while Iraq has seen the biggest growth
16 The challenges facing the Gulf market Intense competition for new work, driven by the downturn in the UAE and companies entering the region for the first time Lower margins and potentially rising subcontractor and equipment costs in selected markets Slow decision-making in some markets particularly in Abu Dhabi Increased risk being placed on the shoulders of contractors Growing pressure to be local, especially in Oman and Saudi Arabia
17 Bahrain Iraq Kuwait Oman Qatar Saudi Arabia UAE $bn The opportunities on offer in the Gulf 300 Planned and unawarded projects in the Gulf, November 2011 ($bn) 250 An estimated $1.1tn of project work is at the planning, design or tendering stage in the Gulf Source: MEED Projects
18 The opportunities on offer Planned and unawarded projects in the Gulf by sector, November 2011 ($bn) 130 Infrastructure and construction projects will account for the majority of future work in the Gulf followed by oil and gas Oil & gas Construction Infrastructure Others Source: MEED Projects
19 Closing Remarks The outlook for the Gulf construction sector is reasonable, considering the Arab spring, the global economic downturn and the European financial crisis The engine of growth will be infrastructure, which will be largely government-financed, provided oil prices remain above the critical $80 threshold Saudi Arabia will be the most important market, with Iraq and Kuwait having potential for strong growth Competition for new work will remain intense and bureaucratic, localisation and security/political issues will have to be overcome in some markets Keys to contractor success will be a long-term commitment to the region, competitive pricing and a willingness to go increasingly local
20 For more information on this presentation or any MEED services, please contact: Angus Hindley, Research Director, MEED Mob:
Statistical Appendix
Statistical Appendix The IMF s Middle East and Central Asia Department (MCD) countries and territories comprise Afghanistan, Algeria, Armenia, Azerbaijan, Bahrain, Djibouti, Egypt, Georgia, Iran, Iraq,
More informationStatistical Appendix
Statistical Appendix The IMF s Middle East and Central Asia Department (MCD) countries and territories comprise Afghanistan, Algeria, Armenia, Azerbaijan, Bahrain, Djibouti, Egypt, Georgia, Iran, Iraq,
More informationStatistical Appendix
Statistical Appendix The IMF s Middle East and Central Asia Department (MCD) countries and territories comprise Afghanistan, Algeria, Armenia, Azerbaijan, Bahrain, Djibouti, Egypt, Georgia, Iran, Iraq,
More informationRegional prospects: Western Asia Project LINK Meeting Yasuhisa Yamamoto October 20, 2016
Regional prospects: Western Asia Project LINK Meeting 2016 Yasuhisa Yamamoto October 20, 2016 Western Asia: Major influencing factors Continuing armed violence/conflicts in the region Low oil prices Fed
More informationLessons from the Gulf s Twin Shocks
Lessons from the Gulf s Twin Shocks Ibrahim Saif Stanford April 26, 2012 Outlining the Twin Crisis The oil-rich economies of the Gulf Cooperation Council (GCC) are facing a twin challenge to their stability
More informationThe Impact of Decline in Oil Prices on the Middle Eastern Countries
The Impact of Decline in Oil Prices on the Middle Eastern Countries Dr. Shah Mehrabi Professor of Economics Montgomery College Senior Economic Consultant and Member of the Supreme Council of the Central
More information"ESCWA's Role in Promoting Integrated Transport System in the Arab Region
"ESCWA's Role in Promoting Integrated Transport System in the Arab Region Mona Fattah Economic Development and Globalization Division Presentation to the International Conference of the International Road
More informationGCC An Overview on Economic Trends Dr. Nasser Saidi Chief Economist, DIFC Authority
GCC An Overview on Economic Trends Dr. Nasser Saidi Chief Economist, DIFC Authority 6 th Annual Conference on Trade Treasury and Cash Management in the Middle East Dubai, 12 March 2008 Sub-Prime Blues
More informationTop Cities. of the Middle East & North Africa. July 2012
Top Cities of the Middle East & North Africa July 2012 Objective To understand the opinion of people living in the Middle East about the city they reside in. To assess the key cities in the Middle East
More informationWinners and Losers in the Middle East Economy Paul Rivlin
Editors: Paul Rivlin and Yitzhak Gal Assistant Editors: Teresa Harings and Gal Buyanover Vol. 2, No. 4 May 2012 Winners and Losers in the Middle East Economy Paul Rivlin The Middle East economy has been
More informationThe financial and economic crisis: impact and response in the Arab States
The financial and economic crisis: impact and response in the Arab States Tariq A. Haq Research Economist Employment Analysis and Research Unit Economic and Labour Market Analysis Department October 2010
More informationPolicy Frameworks to Accelerate Poverty Reduction Efforts
Policy Frameworks to Accelerate Poverty Reduction Efforts Khalid Abu Ismail Economic Development and Integration Division 1. Two competing narratives Pillars of conventional wisdom on Arab development
More informationWest Asia Regional Economic Outlook UN DESA Expert Group Meeting. October 2015 Jose A. Pedrosa-Garcia ESCWA
West Asia Regional Economic Outlook 2015 UN DESA Expert Group Meeting United Nations Economic and Social Commission for Western Asia October 2015 Jose A. Pedrosa-Garcia ESCWA The views expressed in this
More informationCSIS Center for Strategic and International Studies 1800 K Street N.W. Washington, DC (202)
CSIS Center for Strategic and International Studies 18 K Street N.W. Washington, DC 6 (22) 775-327 Acordesman@aol.com The US and the Middle East: Energy Dependence and Demographics Anthony H. Cordesman
More informationOn the Surge of Inequality in the Mediterranean Region. Chahir Zaki Cairo University and Economic Research Forum
On the Surge of Inequality in the Mediterranean Region Chahir Zaki chahir.zaki@feps.edu.eg Cairo University and Economic Research Forum A tale of three regions Resource poor countries Djibouti, Egypt,
More informationA Sustained Period of Low Oil Prices? Back to the 1980s? Oil Price Collapse in 1986 It was preceded by a period of high oil prices. Resulted in global
Geopolitical Developments in the Middle East 10 Years in the Future Dr. Steven Wright Associate Professor Associate Dean Qatar University A Sustained Period of Low Oil Prices? Back to the 1980s? Oil Price
More informationMIDDLE EAST NORTH AFRICA
MIDDLE EAST NORTH AFRICA MIDDLE EAST AND NORTH AFRICA Stretching from Morocco s Atlantic shores to Iran and Yemen s beaches on the Arabian Sea, the Middle East and North Africa (MENA) region remains central
More informationREGIONAL PROGRAMME TO COMBAT CRIMINAL & TERRORIST THREATS AND STRENGTHEN CRIMINAL JUSTICE & HEALTH SYSTEMS IN LINE WITH INTERNATIONAL STANDARDS ON
REGIONAL PROGRAMME TO COMBAT CRIMINAL & TERRORIST THREATS AND STRENGTHEN CRIMINAL JUSTICE & HEALTH SYSTEMS IN LINE WITH INTERNATIONAL STANDARDS ON HUMAN RIGHTS IN THE ARAB STATES 2016-2021 DEVELOPMENT
More informationJordan in the GCC. Our Initial Thoughts. Economic Research Jordan. Initial Opinion. The Invitation. The Gulf Cooperation Council: A Brief History
Economic Research Jordan Initial Opinion 6 September 211 Jordan in the GCC Our Initial Thoughts The Invitation The Gulf Cooperation Council s (GCC) announcement during the Heads of State summit held last
More informationPress Release Political unrest in the Arab world shakes up regional economy UN report
Press Release Political unrest in the Arab world shakes up regional economy UN report Economies of countries experiencing unrest sapped, but higher oil prices helped exporters; expansion is declining region-wide
More informationarabyouthsurvey.com #arabyouthsurvey April 21, 2015
arabyouthsurvey.com April 21, 2015 ABOUT THE SURVEY 3,500 face-to-face interviews conducted by Penn Schoen Berland (PSB) Arab youth in the age group of 18-24 years Country nationals only Sample split 50:50
More informationMiddle East & North Africa Facebook Demographics
Middle East & North Africa Facebook Demographics May 2010 Published 24 May 2010 By Carrington Malin, Spot On Public Relations carringtonm@spotonpr.com @carringtonmalin @spotonpr Copyright Spot On Public
More informationKeller Group plc. Keller in the Middle East. Wolfgang Sondermann
Keller Group plc Keller in the Middle East Wolfgang Sondermann Agenda Introduction Keller presence in the Middle East Performance trend Looking ahead Summary 1 Introduction Total Middle East construction
More informationThe Gallup Center for Muslim Studies Mid East Youth: Jobs, Life & Future Outlook
The Gallup Center for Muslim Studies Mid East Youth: Jobs, Life & Future Outlook Copyright Standards This document contains proprietary research, copyrighted materials, and literary property of Gallup,
More informationCHAPTER II LABOUR FORCE
CHAPTER II LABOUR FORCE Chapter II: Labour force This chapter introduces working age populations, by gender, and their relation with labour force in ESCWA member countries during the period -. Data on
More informationUnderstanding Youth in Arab Countries:
MPRA Munich Personal RePEc Archive Understanding Youth in Arab Countries: Tahar Harkat and Ahmed Driouchi IEAPS, Al Akhawayn University 10 January 2018 Online at https://mpra.ub.uni-muenchen.de/83843/
More informationInvestigating the Geology and Geography of Oil
S t u d e n t H a n d o u t a Investigating the Geology and Geography of Oil Land Area of Oil Countries of Southwest Asia Examine the map at right. It shows the locations of 10 oil countries in Southwest
More informationThe Bayt.com Middle East Job Seeker Confidence Survey. September 2018
The Bayt.com Middle East Job Seeker Confidence Survey September 2018 Section 1 PROJECT BACKGROUND Objectives To gauge perceptions and attitudes of jobseekers regarding the economy of their countries. To
More informationGlobal Economic Prospects. Managing the Next Wave of Globalization
Global Economic Prospects Managing the Next Wave of Globalization 2007 REGIONAL ECONOMIC PROSPECTS Middle East and North Africa regional prospects 5 Recent developments Thanks to oil revenues surging in
More informationBuilding Knowledge Economy (KE) Model for Arab Countries
"Building Knowledge Economy (KE) Model for Arab Countries" DR. Thamer M. Zaidan Alany Professor of Econometrics And Director of Economic Relation Department, League of Arab States League of Arab States
More informationEase of doing business in the Gulf countries
ANALYSIS Juni 2009 Ease of doing business in the Gulf countries Martin Hvidt It is with considerable excitement that governments the world over await the yearly Doing Business report from the World Bank.
More informationRecent developments. Note: This section is prepared by Lei Sandy Ye. Research assistance is provided by Julia Roseman. 1
Growth in the Middle East and North Africa (MENA) region is projected to pick up to 3 percent in 2018 from 1.6 percent in 2017 as oil exporters ease fiscal adjustments amid firming oil prices. The region
More informationOUR BEST DAYS ARE AHEAD OF US
OUR BEST DAYS ARE AHEAD OF US April 9, 2013 www.arabyouthsurvey.com Algeria Bahrain Egypt Iraq Jordan Kuwait Lebanon Libya Morocco Oman Qatar Saudi Arabia Tunisia UAE Yemen ASDA A Burson-Marsteller commissioned
More informationThe Economic Roadmap to Peace in the Middle East
The Economic Roadmap to Peace in the Middle East US$ Billions 4.8 Palestinian Authority GDP 4.2 3.7 3.1 2.6 2.0 94 95 96 97 98 99 00 01 02 03 The Palestinian Authority Labor Market PA West Bank Gaza Employer
More informationSingle Windows and Arab Regional Integration
Single Windows and Arab Regional Integration Adel Alghaberi Régional Intégration Section Economic Development & Integration Division UN ESCWA SWC2016 Introduction The Arab region needs all kinds of at
More informationIMBALANCE FACTORS IN THE ARAB WORLD: CONFLICTS AND NATURAL WEALTH DEVALUATION
IMBALANCE FACTORS IN THE ARAB WORLD: CONFLICTS AND NATURAL WEALTH DEVALUATION RALUCA IOANA OPREA PH. D. STUDENT, LUCIAN BLAGA UNIVERSITY OF SIBIU, ROMANIA, e-mail: raluca.neagu@ulbsibiu.ro / ralucaioana.oprea@gmail.com
More informationThe Bayt.com Middle East and North Africa Salary Survey May 2013
The Bayt.com Middle East and North Africa Salary Survey 2013 May 2013 Objective The research was conducted to gauge employee satisfaction of their current salaries and factors affecting thereof. The key
More informationarabyouthsurvey.com #arabyouthsurvey
arabyouthsurvey.com Algeria Bahrain Egypt Iraq Jordan Kuwait Lebanon Libya Morroco Oman Palestine Qatar Saudi Arabia Tunisia UAE Yemen April 7, 2014 arabyouthsurvey.com ABOUT THE 2014 SURVEY 3,500 face-to-face
More informationEXPORT CONTROL OFFICER. EXPORT CONTROL OFFICER (ECO) Panel Discussion. Todd Willis Assistant Director Office of Enforcement Analysis CHINA
EXPORT CONTROL OFFICER (ECO) Panel Discussion Todd Willis Assistant Director Office of Enforcement Analysis CHINA EXPORT CONTROL OFFICER BEIJING, CHINA COUNTRY OVERVIEW Largest population (1.3 billion)
More informationMiddle East and Central Asia Regional Economic Outlook. Learning To Live With Cheaper Oil Amid Weaker Demand. January 2015 Update
1/22/215 Middle East and Central Asia Regional Economic Outlook Learning To Live With Cheaper Oil Amid Weaker Demand January 215 Update Outline Recent Global Developments and Implications for the Region
More informationInvestment and Business Environment in the Arab World
Investment and Business Environment in the Arab World Tarik H. Alami Director, a.i. Economic Development and Globalization Division United Nations Economic and Social Commission for Western Asia (UN-ESCWA)
More informationWomen s Economic Empowerment (WEE) in MENA region
Women s Economic Empowerment (WEE) in MENA region Ms. Yllka Gerdovci Cancel Regional Programme Specialist Women s Economic Empowerment UN Women Regional Office for Arab States 1 Content Women in economy
More informationThe Bayt.com Middle East Jobseeker Confidence Survey. August 2017
The Bayt.com Middle East Jobseeker Confidence Survey August 2017 Section 1 PROJECT BACKGROUND Objectives To gauge perceptions and attitudes of jobseekers regarding the economy of their countries. To identify
More informationThe Bayt.com Middle and North Africa Salary Survey May 2015
The Bayt.com Middle and North Africa Salary Survey 2015 May 2015 Objective The research was conducted to gauge employee satisfaction of their current salaries and factors affecting thereof. The key objectives
More informationGCC Economic Integration
GCC Economic Integration References Rutledge, Chapters 1 & 4 Topics addressed» GCC economic integration progress to date» Why integrate?» Recent intra GCC trade and investment trends» Setbacks to GCC economic
More informationEconomic Diversification in GCC Economies: A Heaven for Investors
International Journal of Economics and Finance; Vol. 8, No. 4; 2016 ISSN 1916-971X E-ISSN 1916-9728 Published by Canadian Center of Science and Education Economic Diversification in GCC Economies: A Heaven
More informationBayt.com Middle East Consumer Confidence Index. March 2013
Bayt.com Middle East Consumer Confidence Index March 2013 Section 1 PROJECT BACKGROUND Objective To understand perceptions and attitudes of Middle Eastern consumers regarding the economy of their countries,
More informationAuthoritarianism in the Middle East. Introduction to Middle East Politics: Change, Continuity, Conflict, and Cooperation
Authoritarianism in the Middle East Introduction to Middle East Politics: Change, Continuity, Conflict, and Cooperation Overview Understanding Authoritarianism The Varieties of Authoritarianism Authoritarianism
More informationContributions of, and Issues Faced by, Japanese Companies in UAE Economic. Development: A Comparison with South Korea
Contributions of, and Issues Faced by, Japanese Companies in UAE Economic Development: A Comparison with South Korea Jun Saito 1. Introduction South Korean companies have expanded their presence in the
More informationCHAPTER II LABOUR FORCE
CHAPTER II LABOUR FORCE Chapter II: Labour force This chapter introduces working age populations, by gender, and their relation with labour force in ESCWA member countries during the period 2000-. Data
More informationhereinafter referred to collectively as ''the Parties," and individually as "a Party":
FRAMEWORK AGREEMENT FOR TRADE, ECONOMIC, INVESTMENT AND TECHNICAL COOPERATION BETWEEN THE COOPERATION COUNCIL FOR THE ARAB STATES OF THE GULF AND THE GOVERNMENT OF THE UNITED STATES OF AMERICA The Cooperation
More informationThe Bayt.com Entrepreneurship in MENA Survey. Nov 2017
The Bayt.com Entrepreneurship in MENA Survey Nov 2017 Section 1 PROJECT BACKGROUND Objectives This research was conducted to gain insights into the current level of understanding and interest in entrepreneurship
More informationMarch 7, Second Annual ASDA A Burson-Marsteller Arab Youth Survey
March 7, Second Annual ASDA A Burson-Marsteller Arab Youth Survey OBJECTIVES The study was commissioned in October 9 to focus on attitudes among Arab national and expatriate youth aged 8- in nine Middle
More informationMiddle East and North Africa Zone (Gulf Region Report) In brief Programme outcome: Programme(s) summary: Appeal No. MAA80003.
Middle East and North Africa Zone (Gulf Region Report) Appeal No. MAA80003 16 /August/2011 This report covers the period 1st/Jan./2011 to 30/June/2011 In brief Programme outcome: The overall focus during
More informationQatar diplomatic crisis what you need to know
Qatar diplomatic crisis what you need to know Doha is a huge investor in overseas markets, and has committed to spending 5bn in the UK in the run-up to Brexit. Photograph: Kamran Jebreili/AP Patrick Wintour
More informationMIDDLE EAST and NORTH AFRICA
MIDDLE EAST and NORTH AFRICA After an easing in tensions in early 214, the Middle East and North Africa region is again experiencing major and increasing security challenges. In addition, since mid-214,
More informationThe Bayt.com Middle East and North Africa. Salary Survey April 2017
The Bayt.com Middle East and North Africa Salary Survey 2017 April 2017 Objectives The research was conducted to gauge employee satisfaction with their current salaries and factors affecting thereof. The
More informationGENDER EQUALITY IN THE
GENDER EQUALITY IN THE WORLD OF WORK: TRENDS AND CHALLENGES IN MENA REGION Simel Esim, Senior Technical Specialist, ILO Presentation for Promoting Job Quality and Productive Employment in the Middle East
More informationCHAPTER X FOREIGN TRADE
CHAPTER X FOREIGN TRADE Chapter X: Foreign Trade This chapter provides data on foreign trade for ESCWA member countries in United States dollars. Data were primarily collected from national sources. Table
More informationRegional Consultation on International Migration in the Arab Region
Distr. LIMITED RC/Migration/2017/Brief.1 4 September 2017 Advance copy Regional Consultation on International Migration in the Arab Region In preparation for the Global Compact for Safe, Orderly and Regular
More informationTransport Corridors Connecting Africa, Asia and Europe through the Arab Region: Priority Corridors and Facilitation Mechanisms
Transport Corridors Connecting Africa, Asia and Europe through the Arab Region: Priority Corridors and Facilitation Mechanisms Nabil Safwat, Ph.D. ESCWA Special Advisor on Transport and Logistics Issues
More informationBahrain Egypt Iraq Israel Jordan Kuwait Lebanon Oman Qatar Saudi Arabia Syrian Arab Republic United Arab Emirates
in Mazrak 3, a camp for Yemenis displaced by the conflict between government forces and Huthi rebels. Bahrain Egypt Iraq Israel Jordan Kuwait Lebanon Oman Qatar Saudi Arabia Syrian Arab Republic United
More informationBayt.com Middle East Consumer Confidence Index. September 2015
Bayt.com Middle East Consumer Confidence Index September 2015 Section 1 PROJECT BACKGROUND Objectives To understand perceptions and attitudes of consumers in the Middle East regarding the economy of their
More informationInternational Law of Freedom of Association in the Arab World
International Law of Freedom of Association in the Arab World Collected by Kareem Elbayar ICNL Middle East / North Africa Specialist 07 January 2007 This document contains excerpts from international legal
More informationThe Arab Economies in a Changing World
The Arab Economies in a Changing World Marcus Noland (Peter G. Peterson Institute for International Economics) Howard Pack (The Wharton School, University of Pennsylvania) Recent accomplishments and long-term
More informationMigrant Transfers in the MENA Region: A Two Way Street in Which Traffic is Changing
Migrant Transfers in the MENA Region: A Two Way Street in Which Traffic is Changing GEORGE NAUFAL * and CARLOS VARGAS-SILVA ** Abstract: While remittances from GCC countries to Asia slowed down during
More informationINTERNATIONAL MIGRATION AND DEVELOPMENT IN THE ARAB STATES
Distr. LIMITED E/ESCWA/SDD/2007/Brochure.1 5 February 2007 ENGLISH ORIGINAL: ARABIC ECONOMIC AND SOCIAL COMMISSION FOR WESTERN ASIA (ESCWA) INTERNATIONAL MIGRATION AND DEVELOPMENT IN THE ARAB STATES United
More informationToward Global and Regional Partnerships to Support Transformative Agenda in Official Statistics in the Arab region
Toward Global and Regional Partnerships to Support Transformative Agenda in Official Statistics in the Arab region Luay Shabaneh UNFPA Regional Office- Arab States Arab region-specific Spectrum Characteristics
More informationThe EU, the Mediterranean and the Middle East - A longstanding partnership
MEMO/04/294 Brussels, June 2004 Update December 2004 The EU, the Mediterranean and the Middle East - A longstanding partnership The EU Strategic Partnership with the Mediterranean and the Middle East 1
More informationUpdate on Regional Activities
UNWTO Commission for the Middle East Forty- third meeting Chengdu, People s Republic of China, 12 September, 2017 (09:30-12:00) CME/43/7 Rev.1 Madrid, August 2017 Original: English Update on Regional Activities
More informationEgypt and the GCC: Renewing an Alliance amidst Shifting Policy Pressures
Workshop 1 Egypt and the GCC: Renewing an Alliance amidst Shifting Policy Pressures Workshop Directors: Christian Henderson Department of Development Studies School of Oriental and African Studies United
More informationBayt.com Middle East Consumer Confidence Index. September 2013
Bayt.com Middle East Consumer Confidence Index September 2013 Section 1 PROJECT BACKGROUND Objective To understand perceptions and attitudes of Middle Eastern consumers regarding the economy of their countries,
More informationBayt.com Middle East Consumer Confidence Index. February 2016
Bayt.com Middle East Consumer Confidence Index February 2016 Section 1 PROJECT BACKGROUND Objectives To understand perceptions and attitudes of consumers in the Middle East regarding the economy of their
More informationU.S. EXPORTS TO MENA REGION A MIXED BAG IN
FOR IMMEDIATE RELEASE February 22, 2018 +1 (202) 289-5920 info@nusacc.org اضغط هنا للعربية U.S. EXPORTS TO MENA REGION A MIXED BAG IN 2017 Overall Exports Are Down, but Some Countries Show Strong Growth,
More informationBayt.com Middle East Salary Survey. March 2012
Bayt.com Middle East Salary Survey March 2012 Demographics Respondent Profile 1/2 Base: 16,067 Respondent Profile 2/2 Base: 16,067 Professional Status Base: 16,067 About the respondents Number of years
More informationChanging Times: Reward Practices in the GCC Countries
Changing Times: Reward Practices in the GCC Countries by Geeta Kapoor This article was originally published in Compensation & Benefits International, December 2013 Abstract Five years after the beginning
More informationBahrain Telecom Pricing International Benchmarking. April 2017
Bahrain Telecom Pricing International Benchmarking April 2017 Disclaimer This benchmarking report contains information collected by an independent consultant commissioned by the Telecommunications Regulatory
More informationTHE INNOVATION LANDSCAPE IN THE ARAB COUNTRIES
THE INNOVATION LANDSCAPE IN THE ARAB COUNTRIES Economic And Social Commission For Western Asia Nibal Idlebi Chief of Innovation Section Capacity Building Workshop on Innovation Policies for SDGs in the
More informationBahrain Telecom Pricing International Benchmarking. December 2018
Bahrain Telecom Pricing International Benchmarking December 2018 1 CONTENTS OF THIS REPORT Report overview 3 PSTN basket results for GCC countries, including time series 4 Mobile basket results for GCC
More informationBayt.com Middle East Consumer Confidence Index. March 2015
Bayt.com Middle East Consumer Confidence Index March 2015 Section 1 PROJECT BACKGROUND Objectives To understand perceptions and attitudes of consumers in the Middle East regarding the economy of their
More informationKPC 4 TH ERM CONFERENCE 27-29/03/2017
1 KPC 4 TH ERM CONFERENCE 27-29/03/2017 Table of contents Control Risks Top Five Risks for 2017 Control Risks Top Five Risk Drivers in MENA Please also see riskmap.controlrisks.com RISKMAP 2017 OUR TOP
More informationMiddle East that began in the winter of 2010 and continue today. Disturbances have ranged
The Arab Spring Jason Marshall Introduction The Arab Spring is a blanket term to cover a multitude of uprisings and protests in the Middle East that began in the winter of 2010 and continue today. Disturbances
More informationName Period Date. Sudan's Civil War
Name Period Date Sudan's Civil War Title: Sudan's Civil War Source: Current Events, a Weekly Reader publication. 105.23 (Apr. 7, 2006): p2. Document Type: Article http://www.weeklyreader.com/pubstore/pc-11-3-current-eventsreg.aspx
More informationDemographic Changes in the GCC Countries: Reflection and Future Projection
Models and Systems of Elderly Care Demographic Changes in the GCC Countries: Reflection and Future Projection Abdulrazak Abyad A. Abyad, MD, MPH, MBA, DBA, AGSF, AFCHSE CEO, Abyad Medical Center, Lebanon.
More informationJamal AlFakhouri, Regional CO Coordinator MENA Region
Jamal AlFakhouri, Regional CO Coordinator MENA Region May 28, 2015 Morocco Algeria Tunisia Libya Turkey Lebanon Israel Syria Iraq Egypt Jordan Kuwait Bahrain Qatar UAE Saudi Arabia Oman MENA Region Yemen
More informationEnforcing International Arbitral Awards in the UAE and The DIFC Courts: A conduit jurisdiction
Enforcing International Arbitral Awards in the UAE and The DIFC Courts: A conduit jurisdiction Simon Roderick Yacine Francis April 2016 www.allenovery.com 2 Meeting you today Simon Roderick Partner Dubai
More informationMENA-U.S. Trade and Investment Report. Promoting Business between the U.S. and the MENA region
MENA-U.S. Trade and Investment Report Promoting Business between the U.S. and the MENA region April 2015 MENA-U.S. Trade and Investment Report Promoting Business between the U.S. and the MENA region 1.
More informationThe Political Economy of Governance in the Euro-Mediterranean Partnership
The Political Economy of Governance in the Euro-Mediterranean Partnership Deliverable No. 10 Working Package 8 New Challenges: Regional Integration Working Package Summary: Working Package 8 New Challenges:
More informationTHE DEMOGRAPHIC PROFILE OF THE ARAB COUNTRIES
Distr. LIMITED E/ESCWA/SDD/2013/Technical paper.14 24 December 2013 ORIGINAL: ENGLISH ECONOMIC AND SOCIAL COMMISSION FOR WESTERN ASIA (ESCWA) THE DEMOGRAPHIC PROFILE OF THE ARAB COUNTRIES New York, 2013
More informationAgility Emerging Markets Logistics Index A detailed ranking and analysis of the world s major developing logistics markets
Agility Emerging Markets Logistics Index 2013 A detailed ranking and analysis of the world s major developing logistics markets January 2013 Contents 1.0 About the Agility Emerging Markets Logistics Index...3
More informationThe Bayt.com Ideal Workplace in the Middle East and North Africa Survey January 2018
The Bayt.com Ideal Workplace in the Middle East and North Africa Survey January Objectives To understand how the current environment is impacting the satisfaction levels of an employee/job seeker in the
More informationCultural and legal dynamics of contracting and resolving disputes in the GCC. Bertrand Alexis, Senior Director, Legal, Ooredoo
Cultural and legal dynamics of contracting and resolving disputes in the GCC Bertrand Alexis, Senior Director, Legal, Ooredoo 1 2013 Ooredoo at a Glance Overview Results Review Strategy Review Operations
More informationCircumstances and Prospects for Economic Cooperation Between Israel and its Neighbors
Circumstances and Prospects for Economic Cooperation Between Israel and its Neighbors Presented by: David Boas Netanyah College, June 29th, 2004 Presentation Structure Selected data Principal economic
More informationPUBLIC POLICIES FOR GREATER EQUALITY: LESSONS LEARNED IN THE ESCWA REGION
SESSION 4: PUBLIC POLICIES FOR GREATER EQUALITY- INTER-REGIONAL EXPERIENCES PUBLIC POLICIES FOR GREATER EQUALITY: LESSONS LEARNED IN THE ESCWA REGION Economic and Social Commission for Western Asia Oussama
More informationHuman Development and Poverty Reduction Progress in Middle Income Arab Countries: Two Competing Narratives
Human Development and Poverty Reduction Progress in Middle Income Arab Countries: Two Competing Narratives Khalid Abu Ismail, Chief Economic Development and Poverty Section Economic Development and Integration
More informationDemocratic Transition and Development in the Arab World. (Stanford University, April, 2012).
Democratic Transition and Development in the Arab World (Stanford University, 26-27 April, 2012). Towards an Integrated Social Policy for Arab Youth George Kossaifi (Director, Dar al Tanmiyah, Beirut,
More informationThe Middle East Jobs Index Survey. January 2010
The Middle East Jobs Index Survey January 2010 Objective To gauge perceptions of job availability and hiring. To identify trends in the Middle East Job market. To provide an understanding of the required
More information2 SAGIA seeks to encourage investment, embrace innovation, and enhance the Kingdom s competitiveness Attracting sufficient investment to achieve rapid
1 2 SAGIA seeks to encourage investment, embrace innovation, and enhance the Kingdom s competitiveness Attracting sufficient investment to achieve rapid and sustainable economic growth in Saudi Arabia,
More informationANNEX 3. MEASUREMENT OF THE ARAB COUNTRIES KNOWLEDGE ECONOMY (BASED ON THE METHODOLOGY OF THE WORLD BANK)*
ANNEX 3. MEASUREMENT OF THE ARAB COUNTRIES KNOWLEDGE ECONOMY (BASED ON THE METHODOLOGY OF THE WORLD BANK)* The World Bank uses the Knowledge Assessment Methodology with the object of measuring and analysing
More informationRevolutions and Inequality in North Africa and the Middle East
AFRICAN DEVELOPMENT BANK GROUP CHIEF ECONOMIST COMPLEX Revolutions and Inequality in North Africa and the Middle East PROF. MTHULI NCUBE* CHIEF ECONOMIST & VICE PRESIDENT AFRICAN DEVELOPMENT BANK BP 323,
More information