Economy & Finance

Economy & Finance

The Middle East’s largest economies have long sought to reduce their dangerous dependency on oil revenues, with Saudi Arabia’s high-profile Vision 2030 just the latest in a long list of such strategies. Even the region’s smaller economies have fallen into the trap of heavily subsidizing fuels and electricity, and are increasingly struggling with the financial impact.

Economics & Finance

28 Mar, 2025

Top Story

Saudi Oil Export Revenues Start 2025 At Eight-Month High

A geopolitics-driven price spike lifted Saudi oil export revenues to their highest level since May 2024 in January. Though prices have since eased, volumes are set to rise from April.

Saudi Arabia's Monthly Oil Export Revenues ($bn) Rebounded To An Eight-Month High In January As Arab Light Prices Rose Back Above $80/b
JavaScript chart by amCharts 3.21.15Oil Revenues ($bn)Arab Light ($/B)
JavaScript chart by amCharts 3.21.15

SELECTED DATA

Egypt’s Suez Canal: Revenue & Tonnage Fall Again To New Record Lows* For Q3 2024

JavaScript chart by amCharts 3.21.15Net Tonnage (mn)Toll Revenue ($mn)
JavaScript chart by amCharts 3.21.15

Oman Budgets A Cautious $1.6bn Deficit For 2025 As Surpluses Narrow From 2022 Record

JavaScript chart by amCharts 3.21.15
JavaScript chart by amCharts 3.21.15Surplus/DeficitAverage Oil Price ($/B)^SpendingNon-Oil & GasOil & Gas

Qatar’s 2025 Budget Envisages The First Deficit Since 2020 And The Largest Since 2017 ($bn)

JavaScript chart by amCharts 3.21.15RevenueSpendingBalance
JavaScript chart by amCharts 3.21.15

Get Our Headlines Weekly

Keep abreast with current events with our weekly headlines.
You’ll also be notified of our free articles & maps.

By signing up, you agree to receive promotional emails. You can unsubscribe at any time. For more information, read our privacy statement.