Economy

Kuwait will commence the first steps in a government restructuring plan in which some ministries will be merged while others will be abolished. The restructuring plan will stretch over the next four years and is aimed at changing the role of the government "from an operator to an organiser". 

The United Arab Emirates (UAE) has announced measures to help diversify its economy away from dependency on hydrocarbons, and to create jobs for Emiratis in new private-sector opportunities. The package includes an investment of AED24 billion to create 75,000 new private-sector jobs. The UAE government is looking to balance between creating incentives for expats to relocate to the UAE and creating employment opportunities for its own population.