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1 – 10 of 329Faced with the diminution of foreign currency reserves, the government has taken steps to encourage exporters to repatriate the dollars they earn abroad and place them within the…
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DOI: 10.1108/OXAN-DB286561
ISSN: 2633-304X
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RUSSIA: Federal budget revenues keep growing
The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…
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DOI: 10.1108/OXAN-DB286714
ISSN: 2633-304X
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It has experienced a surge in investment in renewable energy, with projects worth USD4.4bn under development and prospective investments of a further USD6bn. Renewable energy is…
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DOI: 10.1108/OXAN-DB285646
ISSN: 2633-304X
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Geographic
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EGYPT: Government will aim at rationalising energy use
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DOI: 10.1108/OXAN-ES286238
ISSN: 2633-304X
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The region has nonetheless seen waves of protests and some inter-communal clashes and terrorism over the past decade and more. Moreover, there are strong grievances in the south…
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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SAUDI ARABIA: Riyadh will push on with spending plans
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DOI: 10.1108/OXAN-ES285870
ISSN: 2633-304X
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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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Geographic
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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…