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This article interprets the growth trajectory of the Middle East architectural coatings market from $9.7 billion to $16.4 billion from three dimensions: economic transformation, mega projects, and climate technology, revealing the true penetration of the non-oil economy in the Gulf states.
Trade between the Gulf and Asia has surpassed $516 billion, sovereign wealth funds are accelerating their eastward shift, and non-oil economic diversification has entered a new phase. Based on the latest data from Asia House, this article interprets the structural changes in the Middle East's economic transformation.
The Jordanian government has incorporated the Rawda Industrial Zone in the Ma'an area into the same incentive system as the Karak Industrial City, and is promoting linkage between the Aqaba-Ma'an dry port and the railway, indicating that the country is trying to reshape the southern economic landscape through industrial zones, dry ports, and transportation infrastructure.