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07 Feb 2019 | Africa | Economic and Databases
Middle East and Africa (MEA) Economic Tracker—Insights and Trends, H1 2018
Higher Oil Prices Drive Growth Recovery
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...
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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...
$1,500.00
