Global Economic Tracker – Insights and Trends (GET-IT) – Emerging Middle East and Africa Quarter 3, 2013
Global Economic Tracker – Insights and Trends (GET-IT) – Emerging Middle East and Africa Quarter 3, 2013
A Quarterly Pulse of Growth Opportunities
25-Oct-2013
Africa
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Description
Oil-exporting countries such as the UAE, Saudi Arabia, and Algeria are likely to grow at a steady rate in Q4 2013 and H1 2014. Due to moderate global demand for oil, oil companies are reported to be scaling down oil production and holding back oil and gas sector investments in major oil producing economies in the region. This is likely to continue in Q4 2013. However, production may pick up in early 2014, as demand from the global economy rebounds. Sizable growth is expected in the non-oil sector of Saudi Arabia and the UAE in Q4 2013 and H1 2014. Egypt has been experiencing a complex political transition and growth in the coming quarters will remain subdued due to low domestic confidence, social unrest, and persistently high inflation.
Table of Contents
GET-IT Emerging Middle East & Africa Consolidated Excel Quarter 3 2013
Popular Topics
No Index | Yes |
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Podcast | No |
Author | Susmita Das |
WIP Number | 9A6E-00-04-00-00 |
Is Prebook | No |