Welcome to the April edition of MEA Markets.
As concerns of water scarcity intensify across the globe, we learn that nations in the Gulf consume an average 816 cubic metres of water per person per year, which is 65% more than the world average. At the same time, the region is widely recognised for being the vanguard of new technology adoption, deploying thermal desalination, reverse osmosis (RO) membrane desalination, and eco-friendly and solar-powered desalination plants for example.
In other news, Research and Markets found that the motor vehicle sector is an important contributor to the Egyptian economy, representing around 3.7% of Egyptian manufacturing output and 1.8% of manufacturing employment annually.
I hope you enjoy reading this issue.