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Seoul’s quest for new growth engines may prove elusive

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SOUTH KOREA

The New Growth Strategy 4.0 is the latest of several industrial strategies over the past decade and a half, as successive presidents have sought responses to gradually slowing GDP…

The sluggish Emirati economy faces new challenges

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UNITED ARAB EMIRATES

This partly reflects the February 16 decision of DP World to delist its shares, which dominated the Nasdaq Dubai, but also comes amid other troubling recent economic developments…

Uruguay's ruling party may face defeat next year

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URUGUAY

The political and economic outlook.

Tough South Africa budget may keep downgrade at bay

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SOUTH AFRICA

The budget framework presented on February 20 provided a record 69-billion-rand (5-billion-dollar) rescue package for ailing power utility Eskom over three years. Despite measures…

High oil prices improve Bahrain’s economic outlook

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BAHRAIN

Bahrain’s economic prospects have improved dramatically following the surge in world commodity prices in recent months. Strong oil and aluminium revenues have boosted the fiscal…

Oman will innovate to meet growing energy needs

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OMAN

The government signed up to agreements by OPEC and non-OPEC states in December 2016 to cut oil production for six months in an attempt to boost prices. The move demonstrated a…

Congo-Brazzaville oil discovery should aid industry

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CONGO-BRAZZAVILLE

With the government’s finances and governance under renewed scrutiny as a result of a recently agreed IMF bailout, two Congolese companies on August 10 announced a sizable first…

Iraq to boost oil and gas, but not end Iran reliance

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IRAQ

The government is pressing ahead with key developments in the energy sector. These include attempts to boost electricity supply and reduce dependence on Iranian gas and power.

Economic woes to drive Greenland's hydrocarbons effort

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GREENLAND

Prospects for the hydrocarbons sector under the new government

East Africa oil export plans make way for showdown

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EAST AFRICA

The announcement comes after the feasibility study by Toyota Tsusho reportedly concluded that a cross-border oil export pipeline appears economically viable, favouring Lamu as the…