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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…
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DOI: 10.1108/OXAN-DB259114
ISSN: 2633-304X
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Geographic
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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…
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DOI: 10.1108/OXAN-DB259637
ISSN: 2633-304X
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Geographic
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Commodity-producer countries react to low prices and sector sluggishness.
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DOI: 10.1108/OXAN-DB206923
ISSN: 2633-304X
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Geographic
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Increased African offshore exploration
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DOI: 10.1108/OXAN-DB230362
ISSN: 2633-304X
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Geographic
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Nigeria's COVID-19 response.
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…
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DOI: 10.1108/OXAN-DB285576
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB268815
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB275691
ISSN: 2633-304X
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While there is scepticism over the government’s figures, officially recorded deaths are low at 51. However, all sectors of the economy have been negatively impacted -- most…
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DOI: 10.1108/OXAN-DB253694
ISSN: 2633-304X
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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…