Tag Archives: Arab Nations

The world’s economy is forecast to grow around 3.6% this year, but Arab oil exporters are seeing a windfall from high energy prices that will buoy their economies and replenish their financial reserves this year and next, according to a report released Wednesday by the International Monetary Fund. Those hard-hit …

Arab economies are expected to grow by 5% in 2022, supported by the increase in oil production and its prices in international markets and the continuation of stimulus packages to support economic recovery, said the Arab Monetary Fund (AMF) in a new report. In 2023, the growth of Arab countries …

Demand for natural gas in the wider Arab region is rising at its “fastest” pace, with a steady annual growth rate of 4.8 percent, according to Organisation of Arab Petroleum Exporting Countries (OAPEC). Demand for gas in the region eclipses global demand by more than two-fold, the second highest in …

China and Arab states, both tasked with a mission to ensure energy security while pushing for a transition toward renewables, have set their eyes on closer energy ties, notably in green sources such as solar panels, hydrogen and nuclear power, energy authorities and industry insiders said Friday at a major …

The meeting discussed the developments of the Arab Common Market for electricity.

The agreement has helped raise oil prices to above $80 a barrel and reduce a global oil supply glut.

The U.S. move threatens Iran with lower export income and less access to hard currency.

Arabian Gulf stocks may be roiled by crude.