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  1. 19 Jul 2022  |  Africa  |  Economic and Databases

    Kenya Macroeconomic Outlook, 2027

    Manufacturing Impetus, Affordable Housing Push, and Business-Friendly Policies to Augment Medium-Term Growth Potential

    Spared of widespread coronavirus outbreaks, the Kenyan economy reported a small economic contraction in 2020 as robust growth across agriculture, financial services, real estate, and construction largely offset the sharp decline in hospitality, tourism, and transport services. The economy registered an impressive rebound in 2021, led by the broad-b...

    $2,450.00
  2. 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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  3. 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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  4. 29 Dec 2017  |  Africa  |  Economic and Databases

    Emerging Middle East and Africa (MEA) Economic Tracker—Insights and Trends, Quarter 3, 2017

    Mounting Political Unrest to Lead to Economic Jeopardy

    The growth outlook for the Middle East countries in Q3 2017 was somber amid burgeoning geopolitical crisis and ongoing low oil prices. The Saudi Arabian economy continued deterioration in 2017 registering negative growth rates in Q1 and Q2 2017 owing to The Organization of the Petroleum Exporting Countries (OPEC) agreement on curbing oil production...

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  5. 29 Dec 2017  |  Africa  |  Economic and Databases

    Emerging Middle East and Africa (MEA) Economic Tracker—Insights and Trends, Quarter 2, 2017

    Economic Diversification Remains High

    Low oil prices will continue to take a toll on the economic health of the gulf economies in the second quarter of 2017. Low energy prices leading to burgeoning fiscal deficit have adversely affected Qatar’s economic prospects. Output in the oil and gas sector remained flat and GDP growth appears to have contracted in Q1 2017. The multi-year $200 ...

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  6. 29 Dec 2017  |  Africa  |  Economic and Databases

    Emerging Middle East and Africa (MEA) Economic Tracker—Insights and Trends, Quarter 1, 2017

    Economic Outlook Challenged by Oil Production Cuts

    The economic outlook for the Middle Eastern countries is challenged by the continued oil price sluggishness. The fiscal consolidation measures will continue throughout 2017 to combat deficit and is expected to ease in 2018 if oil prices uptick. On one hand, the first half of 2017 is being characterized by Saudi Arabia led oil production cut agreeme...

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  7. 28 Dec 2017  |  Africa  |  Economic and Databases

    Emerging Middle East and Africa (MEA) Economic Tracker—Insights and Trends, Quarter 4, 2017

    Political Uncertainty Weighs on Economic Outlook

    Mounting geopolitical risks dampen the growth outlook for the Middle East countries despite higher oil prices and strong global growth. The intensified political instability in Saudi Arabia with the large scale operation by the Crown Prince to curb corruption led to oil price hitting over two-year high. The economy is expected to stabilize in 2018,...

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  8. 30 May 2016  |  Africa  |  Economic and Databases

    Global Economic Tracker—Insights and Trends (GET-IT)—Emerging Middle East and Africa Q4 2015

    A Quarterly Pulse of Growth Opportunities

    Significant fall in oil prices has drastically altered public spending patterns throughout the region. Growing number of countries are trying to opt for a strict fiscal measures and tax impositions to combat fiscal deficit. Increased oil production from Iran post sanctions could pose greater geopolitical risks on the region’s overall economic hea...

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  9. 27 May 2016  |  Africa  |  Economic and Databases

    Global Economic Tracker—Insights and Trends (GET-IT)—Emerging Middle East and Africa Q3 2015

    A Quarterly Pulse of Growth Opportunities

    Middle Eastern economic growth is likely to remain somber due to the geopolitical turbulences throughout 2015 out of the collapse in oil prices as well as Iran nuclear deal. While Saudi Arabia is contemplating a loss of market share given increased oil production from Iran, The United Arab Emirates and Qatar are trying to remain resilient with impr...

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  10. 20 May 2016  |  Africa  |  Economic and Databases

    Global Economic Tracker—Insights and Trends (GET-IT)—Emerging Middle East and Africa Q1, 2016

    A Quarterly Pulse of Growth Opportunities

    Oil prices might see some signs of stabilization given the discussions between Saudi Arabia and Russia in February 2016 to freeze crude oil production. Most of the oil exporting economies in the Middle East and African region, barring Qatar and United Arab Emirates due to their well-diversified economy, ended 2015 with abysmal economic fundamentals...

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