• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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Chapter | Country Profile from The Report: Saudi Arabia 2016

Home to an estimated 15.7% of the world’s proven oil reserves and the single largest economy in the MENA region, Saudi Arabia is a key player not only in the region but also globally. Since the establishment of Saudi Arabia in September 1932, the Kingdom has poured its considerable resources into a series of large-scale economic development, diversification and modernisation initiatives. 2016...

2016 witnessed the launch of the Kingdom’s historic Vision 2030 and the accompanying National Transformation Programme, both of which call for a major overhaul of the state’s economic apparatus and envision a more open market framework and more dynamic, private sector-led growth moving ahead.

Introducing revenue-generating measures and increasing the role of the private sector are core themes of Trinidad and Tobago’s recently released 2017 budget.

Oman is taking a number of steps to attract investors to the sultanate in a bid to diversify its economy away from a reliance on hydrocarbons.

 

A major new financial city and investment regime, Casablanca Finance City (CFC) is in the process of being developed in Morocco’s economic capital, with the aim of transforming it into a major regional investment and finance centre.

 

As Morocco’s logistical and economic hub, Casablanca has traditionally been the bedrock of business tourism in the country. Now, owing to increased air connectivity and the expansion of conference and entertainment venues, the city is drawing growing interest from operators promoting it as an emerging destination for both leisure and meetings...

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