Economics & Finance

The Middle East’s largest economies have long sought to reduce their dangerous dependency on oil revenues, with Saudi Arabia’s high-profile Vision 2030 just the latest in a long list of such strategies. Even the region’s smaller economies have fallen into the trap of heavily subsidizing fuels and electricity, and are increasingly struggling with the financial impact.

20 Dec, 2019

Featured

Qatar Budget Surplus To Shrink In 2020

Qatar’s economy has shrugged off the ongoing embargo. Doha plans a third consecutive surplus in 2020 but this is threatened by a rising public sector wage bill.

Qatar Imports From The GCC Collapsed In Mid-2017, But Oman Seized The Opportunity ($Bn)

Economics & Finance

3 Jan, 2020

Top Story

Egypt Deficit Soars In Q1 2019-20, Reversing 2018-19 Progress

Egypt’s deficit hit $8.0bn for Q1 of the current 2019-20 financial year, up from $5.7bn. This year’s target of cutting the deficit to 7.2% of GDP already looks tricky.