Industries

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...

The growth outlook of Q2 2015 for Emerging Middle East and African remains strong undeterred by the shrinkage in oil revenue. Declining oil prices aggravate the essence of diversification and thus, non-oil sectors like agriculture, banking, finance and tourism are anticipated to play a substantial role in the progress of the economy in H2 2015. Rap...

Robust improvement in consumption demand, generous government support, and improvement in public sector spending on infrastructure are expected to register steady growth in the Middle East and Africa in 2015. However, pragmatic macroeconomic policies to stabilize the global oil price fluctuations at $50to $60 per barrel in 2015 are likely to remain...

Economic recovery of the Middle Eastern economies is anticipated to be weaker in H1 2014 because of the increase in regional security concerns, ongoing political unrest, weak economic policies, and sluggish recovery of the global economy. Fiscal and external deficits will remain major areas of concern, especially in countries most adversely affecte...

Advanced economies are getting stabilized; this provides a boost to the growth of the Emerging Middle East and African countries in H2 2014. Majority of Middle East and African economies are heavily commodity export dependent. The total value of goods exported by the region largely comprises commodities (with more than 50% share), making the count...

Middle East and African economies are expected to see an improved performance in third quarter of 2014, mainly backed by the growth in external demand from advanced countries and diversification into non-oil sectors. The improved scenario is likely to continue during the rest half of 2014; however ongoing geopolitical tensions and staggering oil pr...

Healthcare delivery and accessibility are critical to the economic development of a country. Using key indicators reflective of the healthcare scenario in a country and comparing them with government expenditure has demonstrated that some countries have improved healthcare conditions despite minimal spending. Innovation in service delivery is key t...

Growth forecasts in 2013 were constantly upgraded or downgraded due to the long-lasting effects of debt in Europe, and stronger performances from the United States and the United Kingdom. Emerging global economies were also beginning to feel the effects of the easing of the US monetary policy; this led to volatility in capital markets globally. For...

Countries in North Africa and the Middle East will continue to be hampered by social tensions, but certain countries, such as the UAE and Saudi Arabia will continue to expand upon infrastructure investments, which will promote growth in non-oil private sectors. Countries in Sub-Saharan Africa will show strong growth, driven by local demand in the r...