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

3 Jan, 2025

Featured

Egypt Welcomes Fresh Cash

The IMF says Egypt needs to reform more but acknowledges progress with more cash on its way over the coming months.
Egypt’s Suez Canal: Revenue & Tonnage Fall Again To New Record Lows* For Q3 2024
Economics & Finance

10 Jan, 2025

Top Story

Oman Debt Drops As 2024 Sees Third Straight Surplus

Muscat is budgeting for a $1.6bn 2025 deficit, but a conservative $60/B oil price forecast means it stands a good chance of notching up a fourth straight surplus.
Oman Budgets A Cautious $1.6bn Deficit For 2025 As Surpluses Narrow From 2022 Record
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NEWS IN BRIEF

BP-Kirkuk: Not Quite There

17 Jan, 2025

Total Cuts Iraq Flaring

17 Jan, 2025

Petro Rabigh Eyes Enhanced Crude-To-Chemicals

17 Jan, 2025

Iran Gasoline Consumption Up

17 Jan, 2025

Adnoc Gas Targets Graphene

17 Jan, 2025

Taiwan Crude Imports ('000 b/d): Us Closes Gap To Top Supplier Saudi Arabia In 2024

17 Jan, 2025

Adnoc Gas Awards $2.1bn Contracts For Ruwais LNG

10 Jan, 2025

Adnoc Completes $1bn Shipping Takeover

10 Jan, 2025

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SELECTED DATA

Gains In Saudi Oil Export Revenues Came As Higher Prices More Than Offset Lower Volumes

Dana Gas Receivables ($mn, End Of Period)

Mena's Top Recipients Of Remittance Inflows ($Bn): Egypt & Morocco See 2020 Gains Despite Covid

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