Egypt’s Growth to Reach 4.5% in 2017/2018
Egypt’s growth has been forecasted to increase to 4.5% during fiscal year (FY) 2017/2018, compared to 4.2% in FY 2016/2017, due to the ongoing economic reforms and the developed business climate.
Growth | Egypt Oil & Gas - Part 3
IMF Cuts Nigeria’s Growth Forecast to 2.3% in 2016
The International Monetary Fund (IMF) cuts again its growth forecast for Nigeria as the oil exporter faces "substantial challenges" due to low crude prices.
UAE Key Stabilizer in Future Oil Markets
"The UAE played a key role in the political stability of this region and the UAE will play ... a key role in the stability of the market," the UAE oil minister Suhail al-Mazrouei was quoted as saying.
Mining to Make Major Contribution to Saudi Diversification
Saudi Arabia's plans to diversify its economy away from oil gained additional imputes with the announcement that the country's mining sector is set to triple by 2030.
UAE Struggles Over Predicting Ideal Oil Price for its Budget
Oil at $50 a barrel is a “gift to the world” as prices should be low enough to spur economic growth, explained Ali Al Mansoori head of Abu Dhabi’s Department of Economic Development
Angola Driving Ahead with Eurobond Plan as Oil Prices Falls
Angola's Finance Minister announced that his country will meet with investors in the US and Europe starting October 26 to promote its first Eurobond sale
Oil Prices and Saudi Boom and Islamic Finance Cycles
Rising oil output boosted Saudi Arabia's economic growth to its fastest pace in over a year in the second quarter of 2015, according to data released by the country's state statistics department
Kuwait’s 5-Year Plan to Sustain Non-Oil Growth
Kuwait’s non-oil growth will maintain a steady 5% in 2015 and 2016 as project implementation improves
Jobs and GDP Rising in Saudi, UAE Despite Oil Prices
The UAE and Saudi Arabia continue to witness growth despite lower oil prices, a report said, noting that the UAE even recorded high levels of job creation during May, while Saudi Arabia’s output and new orders expanded.
