Middle East
The Middle East is blessed with abundant hydrocarbons and a modern Arab leadership who see the need to diversify the economy.First world infrastructure, low taxation and cheap labour from the Indian sub-continent all make for a heady mix of growth.
THE MACRO ENVIRONMENT
- Infrastructure: Modern roads, cities and utilities make the desert conditions attractive
- Stability: The wealth of the Gulf States insulates them from calls for greater equality
- Tourism: Located within hours of over 1 billion people, the opportunities are only now being realised
- Property: Housing shortages exist everywhere, with the exception of Dubai.This represents opportunity for the construction sector
- Economy: Top down economics means this region is set to grow strongly
- FDI: An investment boom, focused on infrastructure, is underway




