The rollout of VAT in Gulf Co-operation Council countries is subduing real estate in the region, as Mazdak Rafaty reports.
From
Locations
/ Middle East & Africa
/ Tanzania
Tanzania hopes port upgrade will strengthen regional hand
Tanzania is beefing up its major port, the Port of Dar es Salaam, to cut delays and absorb rising demand. Planned improvement works are all the more urgent as ports in nearby South Africa and Kenya are also upgrading, as Gordon Feller reports.
From
Locations
/ Middle East & Africa
/ Zimbabwe
Investors play the waiting game in post-Mugabe Zimbabwe
With a new government in place in Zimbabwe, foreign investors remain in a wait-and-see mode as international institutions call for reforms. Tawanda Karombo reports.
From
Locations
/ Middle East & Africa
Saudi’s Neom: utopian oasis or mirage in the desert?
Saudi Arabia intends to raise utopian megacity Neom from the sand. The ambitious project is an example of Saudi’s new vision for the country: diversified, global, grandiose and modern. But can it attract the vast amount of FDI it needs? Sebastian Shehadi reports.
From
Locations
/ Middle East & Africa
/ Tunisia
Tunisia stages economic comeback
Tunisia is making progress in recovering from the terrorist attacks of two years ago, with tourism and foreign investment returning. Sebastian Shehadi reports.
From
Locations
/ Middle East & Africa
/ Senegal
Senegal given World Bank support to extract oil benefits
While Senegal recently announced new oil and gas discoveries, extraction is likely to be complex for its underdeveloped industry. Now the World Bank is offering support so the country can make the most of its newfound natural resources, as Gordon Feller reports.
From
Locations
/ Middle East & Africa
/ Iran
OECD lowers Iran’s risk level
Despite increased international isolation and diplomatic tensions, the OECD has an optimistic view on Iran. Sebastian Shehadi reports.
From
Locations
/ Middle East & Africa
/ Mozambique
Mozambique closes $8bn offshore LNG deal
Mozambique may be one of the world’s more financially troubled economies, but that has not stopped it from closing one of the region’s most ambitious energy deals.
From
Locations
/ Middle East & Africa
/ Israel
Israel mulls tax cuts after US unveils reforms
Israel is contemplating further corporate tax cuts, despite already making several already, in order to remain competitive with the US. Erika Morphy reports.
From
Locations
/ Middle East & Africa
Rwanda and Ethiopia look to challenge Africa's FDI giants
FDI in Africa is dominated by behemoth economies such as South Africa and Nigeria. However, hot on their heels are the likes of Rwanda and Ethiopia, which are looking to carve out niches in the tech and manufacturing sectors, respectively. Finbarr Toesland reports.
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