Falling oil revenues and an expanding budget deficit were the hallmarks of Saudi Arabia’s economic activity in 2015, as heavy investment in development projects widened the Kingdom’s spending gap.
The Middle East
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Economic update | Saudi Arabia Year in Review 2015
24 Dec 2015
Economic update | Jordan Year in Review 2015
23 Dec 2015
Steady reform and targeted growth bolstered investor confidence in Jordan’s economy in 2015, as weaker oil prices helped to support a stronger balance of trade and maintain low levels of inflation.
Economic update | Dubai steps up ICT drive
22 Dec 2015
A raft of innovation-oriented projects worth some Dh300bn ($81.7bn), along with new legislation on government data sharing, is gaining pace in Dubai.
Economic update | Qatar Year in Review 2015
18 Dec 2015
Falling energy prices weighed on Qatar’s economic performance in 2015, with lower demand across key export markets and tougher competition producing a sharp drop in government revenues. However, double-digit growth for non-hydrocarbons helped foster economic momentum, expected to continue into 2016.
Economic update | Abu Dhabi targets exchange growth
10 Dec 2015
A multi-pronged bid to bring a new wave of investors to the Abu Dhabi Securities Exchange (ADX) and increase liquidity is building momentum, led by plans to diversify the instruments on offer.
A steady increase in arrival numbers is demonstrating growth in Oman’s tourism industry, according to a new report from the country’s National Centre for Statistics and Information (NCSI).