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MOROCCO: Rabat moves with reducing subsidies
His Modern Revolutionary Party (PRM) did similarly well, securing its largest-ever Senate majority and taking a majority in the Chamber of Deputies. Success was built on a strong…
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DOI: 10.1108/OXAN-DB287382
ISSN: 2633-304X
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The war in Ukraine, Western sanctions and the redirection of external trade away from Europe towards new partners all required a surge in investment. The bulk of new investment…
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DOI: 10.1108/OXAN-DB286245
ISSN: 2633-304X
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In the March 31 municipal elections, the main opposition Republican People’s Party (CHP), to which Imamoglu belongs, gained 37.8% of the vote nationally, beating the AKP in its…
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…
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DOI: 10.1108/OXAN-DB285954
ISSN: 2633-304X
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Price hikes for petrol, electricity, water and gas are among several adjustment measures that will drive up living costs, compounding already high inflation. Meanwhile…
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DOI: 10.1108/OXAN-DB285006
ISSN: 2633-304X
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KUWAIT: Parliament will test reform priorities
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DOI: 10.1108/OXAN-ES285074
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…
The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…
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DOI: 10.1108/OXAN-DB285518
ISSN: 2633-304X
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JAPAN: Government will remain unpopular