The risk that current trade tensions escalate further is the greatest near-term threat to global growth.
Read More »IMF: Non-Oil Economic Growth to Increase by Four per Cent in Oman
Oman posted double-digit fiscal and current account deficits over the past few years.
Read More »Saudi Arabia Wants Higher Prices to Kick Oil Addiction
The government has announced big ambitions to transform the economy by diversifying away from oil.
Read More »Saudi Arabia Wants Higher Prices to Kick Oil Addiction
The government has announced big ambitions to transform the economy by diversifying away from oil.
Read More »IMF Warns Arab States over Complacency over Debt
MENA countries need to create 25 million new jobs over the next five years.
Read More »IMF: Middle East Oil Importers to Beat Exporters in Growth Recovery
The good news of this recovery this year is that the outlook is positive for both oil-importing countries and oil-exporting countries.
Read More »Saudi Arabia`s economic Renovation is still Dependent on Oil Prices
Middle Eastern oil exporters had to constrain government spending in recent years after crude prices slid in 2014.
Read More »IEA: OPEC Production Growth Depends on Stability in Nigeria. Libya. Iraq
IEA in the Oil 2018 envisaged that excess global refining capacity would grow. but Asian refiners need more crude.
Read More »OPEC Divided on the Right Price for Oil
Iran wants to see $60 a barrel to rein in shale producers. while Saudi Arabia’s budget needs $70.
Read More »Egypt`s Bright Perspective Thanks to Zohr Gas field
The focus has been on gas that has begun flowing from Egypt’s Zohr gas field. the largest in the Mediterranean.
Read More »