Economy & 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.

Economics & Finance

10 Oct, 2025

Featured

Eni’s Egypt Receivables Fall

The latest figures from Eni show that Egypt is finally making progress in paying down receivables, although it’s still owed nearly $1bn.
Eni Egypt Receivables* ($mn, End Period)
Economics & Finance

17 Oct, 2025

Top Story

World Bank, IMF Raise Egypt Growth Forecasts

The IMF and World Bank have upgraded their economic outlooks for Egypt, praising the government’s reform efforts. As ever, risks remain.
Egypt’s Balance Of Payments Swings To Three-Year Low $2.1bn Deficit For 2024-25 As Investment Returns To Normal Levels ($bn)
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NEWS IN BRIEF

Lebanon Approves TotalEnergies Consortium Block 8 Bid

24 Oct, 2025

Egypt Exports LNG To Turkey

24 Oct, 2025

Iraq-Excelerate LNG Contract Finalized

24 Oct, 2025

Iraq’s BGC Providing 1bn cfd Sales Gas

24 Oct, 2025

Masdar Breaks Ground on UAE’s 24/7 Solar Project

24 Oct, 2025

UAE Sour Gas Project on Course For 2025 Start Up

24 Oct, 2025

Syria-Saudi Oil Tie-Up

24 Oct, 2025

Egypt LNG: Cargo Exported As Damietta Receives First Cargo

17 Oct, 2025

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SELECTED DATA

Egypt’s Suez Canal: Revenue & Tonnage Fall Again To New Record Lows* For Q3 2024

Oman Budgets A Cautious $1.6bn Deficit For 2025 As Surpluses Narrow From 2022 Record

Qatar’s 2025 Budget Envisages The First Deficit Since 2020 And The Largest Since 2017 ($bn)

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