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07 Feb 2019 | Africa | Economic and Databases

Middle East and Africa (MEA) Economic Tracker—Insights and Trends, H2 2018

Privatization Led Non-oil Sector Growth Drive Economic Growth in the Region

Economies of the Middle Eastern countries will remain modest due to higher oil exporting revenue being moderately offset by recession in Iran. Higher oil prices are expected to drive oil and gas and hydrocarbon sector in the region, with Saudi Arabia leading the pack in 2019. OPEC oil production dipped in November 2018 due to fall in Iranian produc...

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