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United Arab Emirates

Population 9.1 million – 2015

GDP 2015 – USD370 billion (up 3.2% on previous year)

Projected 2016 GDP growth – 2%

Size of non-oil economy 2015 – 66% (IMF)

Proportion of local nationals in private sector – 1% (LSE estimates 2014)

Saudi Arabia

Population 31.5 million – 2015

GDP 2015 – USD646 billion (up 3.5% on previous year)

Projected 2016 GDP growth – 1.86%

Size of non-oil economy 2014 – 57% (IMF )

Proportion of local nationals in private sector 2016 – 16% (Oxford Strategic Consulting)

Qatar

Population 2.2 million – 2015

GDP 2015 – USD166 billion (up 2.9% on previous year)

Projected 2016 GDP growth – 3.3%

Size of non-oil economy 2015 – 49% (IMF)

Proportion of local nationals in private sector 2014 – 5% – (Qatar Statistics Authority)

Bahrain

Population 1.3 million – 2015

GDP 2015 – USD32 billion (up 2.9% on previous year)

Projected 2016 GDP growth – 2.2%

Size of non-oil economy 2015 – 76% (IMF)

Proportion of local nationals in private sector 2013 – 18% (Bahrain’s Labour Market Regulatory Authority).…

COMPANIES and the financial professionals that work with them have many risks to worry about, but few can seem as menacing and as alien as the so-called ‘dark web’.

The Internet can be described as an iceberg: the websites and services most people use regularly are the tip, but there is an entire other, much larger world submerged below.…

The Internet can be described as an iceberg: the websites and services most people use on a regular basis are the tip sticking out of the water, and there’s an entire other, much larger world submerged below. This underwater portion generally goes by two names – the deep web and the dark net.…

BIG data means big money, especially for telecoms and internet companies. However, the fact that they are holding, collating, processing and monetising so much data makes heavy weather for IT-based anti-fraud systems. As a result, the siren song of cloud-based anti-fraud programmes is becoming increasingly attractive as companies look to scale up their protection to take account of growing datasets.…

THE SPANISH book sector has declared that it is optimistic about growth in sales at its annual LIBER International Book Fair, which wrapped up on Friday (Oct 14). A statement from the organisers said that there was a “positive feeling about the sector’s upswing”.…

THE CIVIL aviation industry and its suppliers are innovating solutions to comply with the new tracking rule from the International Civil Aviation Organisation (ICAO) which came into force in July and will be compulsory for new planes with a take-off mass exceeding 27,000kg from January 2021.…

COSMETICS giant the Kao Group has opened a state of the art research facility at its existing plant in Odawara city, around 80 km south-west of Tokyo. Its new Beauty Research & Innovation Centre includes laboratory space where the company’s scientists, developers and marketing experts are encouraged to interact through technology in the search for new products.…

BIG marketing stunts can boost sales of technical textiles and maybe one of the biggest examples in Europe this year was created by world renowned artists Christo. He created ‘The Floating Piers’ on Lake Iseo, near Brescia, in northern Italy.…

Authorities in China are currently developing a new range of regulations aimed at efficacy claims that when passed will have a broad-ranging impact for domestic and foreign cosmetics manufacturers, alongside other regulations covering labelling and ethics. The proposed regulations are aimed at standardising the industry and providing a basis on which prosecutions can be brought in order to reduce safety concerns.…

WORKFORCE DEMOGRAPHICS

East Asia is a very varied region in terms of economic development. Take the 10 members of trade bloc ASEAN (the Association of Southeast Asian Nations): with 632 million people, demographics greatly vary, from aging Singapore and Thailand, to the younger and emerging economies of Indonesia, Cambodia, Vietnam, Malaysia and the Philippines.…