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21 Nov 2019  |  Africa

Middle East and Africa (MEA) Economic Tracker, H2 2019

Economic Slowdown Dampening Growth Prospects

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. ...

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07 Feb 2019  |  Africa

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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07 Feb 2019  |  Africa

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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USD 1,275.00 save 15 %

3 Item(s)