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

1 Nov, 2024

Featured

Saudi Eyes Transition Profit

In a bullish speech at Saudi Arabia’s flagship FII conference in Riyadh, Energy Minister Prince Abdulaziz says the kingdom is set to profit from the energy transition.
Saudi Arabia Electricity Generated From Renewables (TWh)
Economics & Finance

8 Nov, 2024

Top Story

Egypt Finances & Reforms Under Spotlight Amid IMF Talks

Cairo is looking to secure IMF acquiescence in delaying reforms. Cairo says privatizations remain on the cards, but don’t expect much progress soon.
Egypt's Spending Split (%): Debt, Subsidies & Salaries Continue To Dominate For 1Q 2024-25
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NEWS IN BRIEF

Adnoc Gas To Take Ruwais LNG Stake

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Kurdistan Oil Proposal On Hold

15 Nov, 2024

Iran: South Pars Boost

15 Nov, 2024

Chevron Set For More Egypt Blocks

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China: More Bearish Oil Stats

15 Nov, 2024

Saudi 600MW Solar: Commercial Ops

15 Nov, 2024

KRG’s Khor Mor Gas: 2-Year Expansion Delay

15 Nov, 2024

Saudi $8.1bn Q3 Budget Deficit

8 Nov, 2024

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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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