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RISING MALAYSIA 2009
 
Malaysia is well on its way to achieving “developed nation” status by 2020. It is leveraging its strategic location, rich natural resources and economic potential to become a top international business and trade hub as well as a modern country with world-class infrastructure and services.
The government recently announced new liberalization measures to spur on FDI and keep Malaysia’s impressive economic development on track.
 
   
RISING QATAR 2009
 
Qatar's rich legacy of openness can be seen in its history as well as in the most modern of projects such as the causeway set to link the country to Bahrain by 2012.
With progressive plans for developing education, research and development, and technological industries, Qatar's future as an open and multicultural society looks set for the long haul.
 
   
RISING EGYPT 2009
 
These are heady days for the Egyption economy. With GDP growth increasing every year since 2002 and hitting 7.1 percent in 2007, domestic and foreign confidence in Egypt is at an all time high. Under the stewardship of Prime Minister Ahmed Nazif, Egypt has witnessed a series of privatization programs and trade reforms,
which have underpinned impressive economic growth. So it comes as no suprise that the World Bank named Egypt the world's top economic reformer in 2008.
 
   
RISING THAILAND 2009
 
Thailand, a tropical country of 63 million people, has long been a tourist hotspot in Southeast Asia. It is estimated that more than 11 million people visit Thailand each year, according to Thailand's Ministry of Foreign Affairs.
Among its Southeast Asian neighbours, however, Thailand is more known for its burgeoning economy than tourist appeal. Thailand's gross domestic product (GDP) ranks first in the area, ahead of developing neighbors Vietnam and Malaysia.
 
   
RISING MOROCCO 2009
 
Morocco's King Mohammed VI has brought the dynamism of youth to his leadership, laying out an enticing vision of development for the country.
With a stable political atmosphere and a strong detailed economic strategy, the country has been tallying record growth figures across the board.
 
   
RISING BAHRAIN 2008
 
Bahrain means two seas, referring to the fresh water springs that can be found in the salty seawaters around the island.
With 750,000 inhabitants and an area of around 257 quare miles, it is the smallest of the GCC countries in both population and landmass. However, the nation's strategic position in the Gulf, equidistant between Dubai and Kuwait, and its open-minded attitude have often afforded it to punch above its weight.
 
   
RISING KUWAIT 2008
 
From Trading Hub to Modern Nation, Kuwait's Economy, People Prosper
Kuwait, with its strategic location on the Gulf, has flourished as a trading hub for centuries. Over the past 17 years after the first Gulf War, Kuwait has rebuilt its infrastructure and continues to develop and diversify its economy while maintaining its commitment to democracy and serving as a force for peace in the region. With its vast oil reserves,
 
Kuwait has based its economy on the petroleum sector for many years, but Sheikh Sabah believes that promoting economic diversity is essential if Kuwait is to continue to thrive in the long term.
 
   
RISING GCC REAL ESTATE 2008
 
The GCC's property market is the fastest-growing in the  world, with new developments coming on stream daily and often selling out within hours. And now that foreigners can acquire freehold property in many GCC countries, investors from all over the world are scrambling to acquire real estate in markets where property prices have been rising by 20 percent per year or more.
 
This report takes an in-depth look at the GCC's top five property markets: the UAE, Kuwait, Bahrain, Qatar and Oman.
 
   
RISING ABU DHABI II 2008
 

Doors to US Investment Open Wide

The proverbial Doors of Commerce in Abu Dhabi have been open for years to American investment, but the growing number of business opportunities in the United Arab Emirates, and particularly in the Emirate of Abu Dhabi, has resulted in a wider aperture of those gateways. More and more US companies are knocking and the Emirate of Abu Dhabi is saying, "Come on in!
 
The UAE has one of the most open and dynamic economies in the world and is an important trading partner for the United States. As the largest export market for the US in theMiddle East, the UAE, which actually imports more US goods and services than India, has a special relationship with the United States. In fact, the United States was one of the first (the third to be exact) nations to establish formal diplomatic relations with the UAE after its founding in 1971.
 

RISING DUBAI II 2008
 
Dubai, the Switzerland of the Middle East

Dubai's economic success is no accident. Due to the dynamic and visionary leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, the country boasts ultra-modern buildings and an efficient infrastructure, with little to no government bureaucracy to hinder development. Dubai also possesses an advanced, tolerant, large, diverse, highly-skilled, multi-cultural and multi-lingual workforce.
 
With abundant housing and excellent educational facilities available for expatriates, Dubai is well positioned to meet its future economic targets.
 

RISING BAHRAIN 2007
 

Prime Minister Receives UN Citation for Humanitarian Efforts

The United Nations Human Settlements Program (UNHabitat),which promotes socially and environmentally sustainable urban development that offers adequate shelter for all,recently awarded Bahrain’s Prime Minister, HH Shaikh Khalifa bin Salman Al Khalifa,its prestigious Special Citation of the Habitat Scroll of Honor award for his humanitarian approach to his country’s development.The award recognizes individuals who have demonstrated extraordinary commitment to improving the living conditions of the poor.

 
In a world where many leaders ignore the plight of the poor in their efforts to achieve economic prosperity, HH Shaikh Khalifa has, as the UN citation puts it, placed “the urban poor at the center of the modernization strategy for the Kingdom of Bahrain.” When the citation was announced in October 2006, UN-Habitat’s Executive Director, Anna Tibaijuka,commented that she applauds HH Shaikh Khalifa for his “impressive efforts in lifting the living standards of all Bahrainis through an active focus on poverty alleviation and modernization while preserving the cultural heritage.”
 

RISING KUWAIT 2007
 

Leading the Way

The Arabian peninsula, of which Kuwait is an integral part, is at the heart of an increasingly mobile market of around 1.7 billion people, covering the entire Middle East, Indian sub-continent and East Africa. Large-scale investment and increasingly open economic policies have turned the Gulf into the logistical hub that serves them as well as destinations throughout the world.

 
 

RISING BELGIUM 2007
 

Dynamic EU Capital Serves as Gateway to European Market

Belgium’s Prime Minister, Guy Verhofstadt, is bullish about his country’s investment potential. He cites Belgium’s central location, high quality of life, skilled labor, excellent telecom infrastructure, political and economic stability, state-of-the-art transport and logistics infrastructure, and incentives for research and development as some of the key reasons why so many international companies are choosing to locate operations in Belgium. He adds, “If you are looking to set up operations in Europe, the best choice is Belgium, located right in the heart of the E.U.”

 
The government’s new “Notional Interest Deduction” (NID) makes Belgium even more investor-friendly. As the Prime Minister explains, this innovative tax measure effectively makes tax on invested capital lower in Belgium than anywhere else in the world. He adds, “The NID is a great incentive to bring in activities like intra-group financing, central procurement and factoring and other headquarters-based and capital-intensive operations.
The NID offers a very profitable alternative to the Coordination Center regime that is, in fact, now being phased out upon the request of the European Commission.”
 

RISING DUBAI 2006
 

Enlightened Leadership and Outstanding Entrepreneurs

His Heighness Sheikh Mohammed Bin Rashid Al Maktoum adopted an enlightened policy of promoting productive partnerships among government organizations and corporations, private-sector companies and leading family businesses in order to ensure Dubai's continuing economic success.
 
 

RISING ABU DHABI 2006
 
Economy Looking Ahead to a Bright Future

Some estimates reckon that more than 50 percent of the world's construction cranes are erected in the United Arab Emirates. That staggering figure is by no means exaggerated, whereas the country in general and the emirates of Abu Dhabi and Dubai in particular, are witnessing a process of unprecedented economic development on such massive scale that it is transforming the country into a world-class business and financial hub.

 
 






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