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Saudi Aramco will seek to manage rapid industry change

Location:

SAUDI ARABIA

Yet this follows a government directive that the company cancel increases in its maximum sustainable capacity (MSC) of crude oil production from 12 million barrels per day (b/d…

Pro-Bumiputera move will have mixed impact in Malaysia

Location:

MALAYSIA

The initiative is aimed at improving the socio-economic position of ethnic Malay and indigenous people, a sizeable majority in Malaysia. The Barisan Nasional (BN) alliance, led by…

Any recovery from the UK recession will be very modest

Location:

UNITED KINGDOM

Government measures to boost the economy, including tax cuts in November, are having little effect. There is little scope for further stimulus in the March budget. Political…

AI's promise and pitfalls will affect key domains

Location:

INT

AI promises to drive economic efficiencies across sectors, improve the delivery of critical services such as healthcare, democratise access to knowledge and skills, and tighten…

South Africa faces fiscal reform challenges

Location:

SOUTH AFRICA

However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.

Canberra will be tough on pricing but not on mergers

Location:

AUSTRALIA

Under pressure on cost-of-living issues, Canberra is reviewing competition laws to see what effect market dominance may be having in a handful of major sectors, including banking…

Riyadh’s judicial reforms will help drive investments

Location:

SAUDI ARABIA

Measures include a new civil code, the Civil Transactions Law, which came into effect in December 2023 and aims to provide comprehensive coverage of all aspects of contracts…

Central bank moves may check Nigeria's currency fall

Location:

NIGERIA

These aim for tighter CBN control over the parallel market. The CBN is also seeking to stabilise the currency through bond issuances, cryptocurrency crackdowns and other schemes.

Oman's LNG exports will increase as oil plateaus

Location:

OMAN

Previously, in January, the energy ministry announced it was offering three new oil and gas concessions. Muscat wants to engage private companies in efforts to unearth fresh…

Technology offers hope in tackling water scarcity

Location:

INTERNATIONAL

Droughts threaten knock-on effects for areas without direct water scarcity challenges, in the form of food price pressures, increased irregular migration from displaced…