With earnings from oil accounting for more than 80% of government income, the halving of prices since June has eroded state revenue and could impact the extensive capital works programme in 2015,...
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Economic Update | Oman Year in Review 2014
12 Jan 2015
Economic Update | Dubai Year in Review 2014
7 Jan 2015
Strong fundamentals and a diversified economy are keeping concerns at bay in Dubai, despite a potential cooling of investor sentiment across the region and weakening global conditions.
Economic Update | Saudi Arabia Year in Review 2014
7 Jan 2015
Despite the turmoil in global energy markets, Saudi Arabia moved towards the end of 2014 with its economy having outperformed many in the region.
Economic Update | Jordan Year in Review 2014
23 Dec 2014
The economy of Jordan is picking up strength with forecasts for higher year-on-year growth this year and next, while lower oil prices should provide at least a temporary respite from the kingdom’s...
Economic Update | Saudi housing market under pressure
22 Dec 2014
House prices in Saudi Arabia are expected to rise further on the back of high demand for homes and a slow rollout of developments, with figures suggesting housing requirements will continue to...
Economic Update | Mixed outlook in store for Turkish retail
18 Dec 2014
Consumer sentiment in Turkey is weakening as the pace of economic growth slows and consumers tighten their purse strings, potentially slowing the retail sector’s stellar performance in recent years.