The Middle East Economy

Displaying 1807 - 1812 of 2003

Economic update | Dubai: Year in Review 2012

9 Jan 2013
The emirate’s economy continued its recovery in 2012, with a number of key sectors posting high growth over the past 12 months. However, there are some concerns that the rebound could happen too quickly, resulting in further difficulties in the future.
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Report | The Report: Oman 2013

Cover of The Report: Oman 2013

At the base of the Arabian Peninsula, occupying a landmass slightly larger than Italy, Oman is the largest country in the GCC after Saudi Arabia. In recent years, the non-OPEC oil exporter’s economy has been undergoing a steady transformation, reorienting from oil toward a more diverse set of service and industry-based economic activities. So far, progress has been promising. In 2011 oil and gas accounted for 38.8% GDP.

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Chapter | Regions from The Report: Oman 2013

While a significant portion of economic activity in Oman is concentrated in the capital and nearby surrounding areas, a number of other regions remain key drivers of economic growth. Moreover, these regions are playing an increasingly important role as the national economy matures and diversifies. For example, Sohar offers shipping firms a seaport south of the Strait of Hormuz, which reduces...
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Chapter | Economy from The Report: Oman 2013

While hydrocarbons accounted for 38.8% of the sultanate’s GDP in 2011, non-oil activities have grown by 55% from 2007 to 2011, from OR9.2bn ($24bn) to OR14.3bn ($37.7bn). Of these, the services sector has consistently been the largest category recently, hovering between a 30% and 40% share of overall GDP, with industry making up some 15-20%. However, despite the growth of non-oil activity, 2012...
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Economic update | Oman: Year in Review 2012

3 Jan 2013
The Omani economy saw another good year in 2012, with high levels of growth on the back of increased hydrocarbons production and solid results from the private sector. However, unemployment remains a concern for the authorities.
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Economic update | Turkey: Year in Review 2012

3 Jan 2013
After watching growth top 8% in 2010 and 2011, Turkey is now seeing its economic expansion ease amid a slowdown in growth both globally and in the eurozone, the impact of civil war in Syria and the doubling of interest rates throughout 2012. Increased focus on domestic demand and exports could see growth rebound in 2013, however.
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