Search results

Financing shortfall will push Oman to uneasy austerity

Location:

OMAN

A fiscal crunch exacerbated by the pandemic and associated oil-price crash has forced the authorities to step up long-term ‘Omanisation’ efforts, ultimately taking pressure off…

Abu Dhabi will boost oil output for energy transition

Location:

UNITED ARAB EMIRATES

This is part of a wider strategy to capture more value from hydrocarbons resources, launched after a major corporate restructuring following the 2015 oil price crash. The publicly…

Prospects for Iraq to end-2018

Location:

PROSPECTS H2 2018

Prospects for Iraq to end-2018.

Doha will hedge against LNG dependence

Location:

QATAR

Earlier in January, it awarded contracts to increase and sustain output at its main oilfield. Doha wants to dilute its overdependence on a single commodity and to extract value…

Oil and gas prices boost Oman's financial position

Location:

OMAN

The Gulf state’s finances had been under pressure for some time, with steadily rising debt levels and only fitful progress towards economic diversification. It can now look…

Turkey’s stock market is set to be highly volatile

Location:

TURKEY

Local investors have used Turkey’s stock market as a hedge against the country’s runaway inflation and government attempts to 'lira-ise' the economy. The market's strong…

Iran deal's foreign investment impact would be limited

Location:

IRAN

Indirect negotiations with the United States over a mutual return to the 2015 nuclear deal are facing delays while the transition team of President-elect Ibrahim Raisi moves into…

Ukraine war will hurt Turkey’s economy

Location:

TURKEY

The conflict in Ukraine is a threat to Turkey’s economy. The lira has weakened again, which will push inflation above 60%. Ankara has condemned Moscow’s invasion but is seeking…

Algeria’s budget will drive up public debt

Location:

ALGERIA

The budget is geared towards boosting living standards ahead of the presidential elections towards the end of the year, in which President Abdelmadjid Tebboune will most likely…

Omani fiscal plans will depend on social impact

Location:

OMAN

Leading international credit ratings agencies had upgraded their outlook for Oman in early 2023. Positive reviews reflect the sultanate’s improved financial performance in 2022…