Search results for: 'sharing economic'

Major economies in the Middle East and Africa experienced an economic slowdown with GDP growth rate declining for Saudi Arabia, United Arab Emirates (UAE), Nigeria, Qatar, Israel, and Iran in the second quarter of 2019. The area is affected by volatile oil prices, and in Q2 especially, there was a decline in oil prices and production cuts by OPEC. ...

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...

28 Oct 2021  |  Africa  |  Frost Radar

Frost Radar™ for Economic Development: Africa, 2021

South Africa, Egypt, and Nigeria Emerge as the African Leaders

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Key Issues Addressed

The Frost Radar™ for Economic Development determines a region's future growth and development potential measured by its ability to enhance quality of life (QOL) for its citizens. This report explores Africa’s key strengths and weaknesses through country-level assessments of growth and innovation initiatives and then benchmarks each country on these...

Economic recovery in Saudi Arabia will continue to be supported by pick up in oil production to compensative for output decline in Iran. While Aramco privatization is delayed, Saudi aims to generate $11 billion non-oil revenue through privatization program by 2020. The killing of journalist Khashoggi heightened capital flight in October 2018, as th...

During the past decade, policy tied to diversification into the non-oil economy has taken center stage as GCC and African oil and gas exporters prioritize expansion of the non-oil economies through their long-term vision plans. Despite challenging global economic conditions, several GCC and African countries are accelerating their pace of economic ...

Nigeria, one of Africa’s largest economies, is diversifying to reduce its dependence on oil revenues and strengthen key non-oil industries. As the continent’s most populous nation, the country presents a rising demand for commercial vehicles, fueled by urban expansion, infrastructure projects, and growing trade activities. The automotive market is ...

25 Jun 2015  |  Africa  |  Market Research

Analysis of the Offshore Oil & Gas Paints and Coatings Market in Nigeria and Angola

Market Growth to Follow Economic Growth Trends

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This study provides an overview of the Nigerian and Angolan offshore oil and gas paints and coatings markets through 2019. More than 150 companies participate in the Nigerian market, of note Berger Paints, Portland Paints and Products, CAP PLC, DN Meyer PLC, and International Paints. In Angola 25 companies participate, led by Hempel, Azko Nobel, De...

The energy sector in Namibia is dominated by liquid fuel usage, imported electricity and local wood fuel supplies. Namibia's economic growth potential lies in the development of its mines and the discovery of oil and gas. This research service gives a comprehensive analysis of the current energy situation in Namibia as well as the country's future ...

This research service analyses the industrial paints and coatings market for South Africa, Nigeria, and Kenya in terms of volume and growth rates. In addition, it examines drivers, restraints, and challenges affecting the growth of these markets. Each market is further segmented according to product types, which include: industrial protective coati...