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His statement contrasts with broader regional trends. The six states of the Gulf Cooperation Council (GCC) have been overbanked for many years, but buoyant economies provided a…
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DOI: 10.1108/OXAN-DB217451
ISSN: 2633-304X
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The stability of the lira since June 2022 is primarily a result of President Recep Tayyip Erdogan’s government shoring up the currency despite cutting interest rates. The…
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DOI: 10.1108/OXAN-DB275967
ISSN: 2633-304X
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Lower oil and gas revenues are the major transmission channel of the global crisis to regional economies, but tourism, financial and professional services are also taking a major…
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DOI: 10.1108/OXAN-DB251403
ISSN: 2633-304X
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The fall, which is likely to prove temporary, broke a rising trend. Despite the freeze in relations between Doha and its neighbours, sizeable foreign assets have alleviated…
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DOI: 10.1108/OXAN-DB229090
ISSN: 2633-304X
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He replaces Miftah Ismail, who played a key role in ensuring that Pakistan got its bailout programme with the IMF back on track after a hold-up. Dar faces a tough challenge to…
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DOI: 10.1108/OXAN-DB273131
ISSN: 2633-304X
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Like other fuel-importing countries in the Middle East and North Africa (MENA), it has large structural fiscal and current account deficits. These have resulted in climbing…
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DOI: 10.1108/OXAN-DB282177
ISSN: 2633-304X
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QATAR: Long crisis will likely bruise Gulf economies
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DOI: 10.1108/OXAN-ES224135
ISSN: 2633-304X
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QATAR/TURKEY: Paying back past help may be costly
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DOI: 10.1108/OXAN-ES236838
ISSN: 2633-304X
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Economic consolidation in the UAE.
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DOI: 10.1108/OXAN-DB233833
ISSN: 2633-304X
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Geographic
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Earlier, Cairo had announced plans to raise finance by selling off state-owned assets. It is seeking to cover deficits that are increasing rapidly because of the global commodity…