The MENA Region is expected to witness a 3.8% growth in GDP in 2016, revealed an Al Masah Capital Limited Report titled ‘MENA Yearbook – 2016’.
The future of Egypt will be shaped by its citizens’ needs, said Egyptian Prime Minister His Excellency Sherif Ismail in a session of the World Government Summit (WGS 2016) today.
The Sultanate’s total crude oil and condensates production in January 2016 declined by 0.05 per cent against December 2015 to touch 31,198,660 barrels, which is equivalent to 1,006,408 barrels per day.
Leading a discussion on the ‘Forgotten Legacy of Arabic Science’ at the World Government Summit 2016, Jim Al-Kalili, an Iraqi-born British professor of physics at the University of Surrey, presented a talk on the Golden Age of Islam and the era’s important contributions to science, mathematics, medicine, engineering, geography and the world.
Iran stands to gain the most from the growing integration of commodity-related trades within South Asia (India-Pakistan-Iran), according to 34% of respondents to a Gulf Intelligence Industry Survey of 250 energy professionals operating in the Middle East.
According to new U.S. Government data analyzed by the National U.S.-Arab Chamber of Commerce (NUSACC), exports of U.S. goods to the Middle East and North Africa (MENA) region fell in 2015 to $67.4 billion from $71.4 billion in 2014, a decline of 5.6 percent. This is the first time since 2010 that sales of U.S. […]
The 2016 budget aims to stimulate economic growth and spending on high-priority socio-economic and development projects, while continuing to provide support and a positive environment for growth and investment in the private sector.
Private deposits at commercial banks in the Sultanate as at the end of November 2015 rose by 4.3 percent to RO 11,639.5 million compared to RO 11,155.5 million in the corresponding period last year, according to a monthly statistical bulletin published by the Central Bank of Oman (CBO).
Moody’s Investors Service said that global issuance of green bonds could surpass $50 billion in 2016, exceeding the $42.4 billion recorded in 2015, which was also the highest level for such bonds since they first appeared in 2007.
Iran (unrated) has significant economic growth potential, and structural reforms have helped strengthen its fiscal foundation, Moody’s Investors Service has said in a report published today.