Economic Tracker

The growth outlook for the Middle East countries in Q3 2017 was somber amid burgeoning geopolitical crisis and ongoing low oil prices. The Saudi Arabian economy continued deterioration in 2017 registering negative growth rates in Q1 and Q2 2017 owing to The Organization of the Petroleum Exporting Countries (OPEC) agreement on curbing oil production...

Low oil prices will continue to take a toll on the economic health of the gulf economies in the second quarter of 2017. Low energy prices leading to burgeoning fiscal deficit have adversely affected Qatar’s economic prospects. Output in the oil and gas sector remained flat and GDP growth appears to have contracted in Q1 2017. The multi-year $200 ...

The economic outlook for the Middle Eastern countries is challenged by the continued oil price sluggishness. The fiscal consolidation measures will continue throughout 2017 to combat deficit and is expected to ease in 2018 if oil prices uptick. On one hand, the first half of 2017 is being characterized by Saudi Arabia led oil production cut agreeme...

Mounting geopolitical risks dampen the growth outlook for the Middle East countries despite higher oil prices and strong global growth. The intensified political instability in Saudi Arabia with the large scale operation by the Crown Prince to curb corruption led to oil price hitting over two-year high. The economy is expected to stabilize in 2018,...

The research provides an in-depth overview of infrastructure investment in Morocco for Road, Rail, Port, Airport, ICT, Energy, and Social infrastructure. The base year for the analysis is 2016, looking at the total investment in Morocco for infrastructure as of 2016. Ongoing and future infrastructure projects are discussed looking at investment amo...

Economic conditions in the Eurozone economy are set to improve in Q4 2015 driven by robust domestic demand, as private consumption is improving. The uncertainty cloud regarding Greece has settled to some extent on agreeing to a tentative bailout agreement to address its debt crisis. Exports are also reviving, prompted by a weaker Euro. Low oil pric...

Eurozone economy remains resilient with the anticipation of a steady domestic demand driven economic growth in Q4 2015 and Q1 2016. An expansionary monetary policy backed by low oil prices and a weaker Euro are expected to be the growth drivers of the region. Key industries like manufacturing and services will continue to perform well as suggested ...

In Q1 2015, the region picked up growth, owing to favorable conditions like low-oil prices, improving Eurozone economy, and global economic conditions. However, it gradually started subsiding from Q2 2015, as ongoing crisis in Ukraine, contraction in Russia, weak performance of the external sector coupled with soft growth rates in Hungary and Polan...

Depressed investor confidence and the on-going deadlock in Ukraine remain major hindrances to growth for Emerging Europe for the rest of 2015. Encouraging factors such as improved private consumption, increasing industrial production, and exports are expected to expedite the growth momentum for the Czech Republic and Poland. However, the contractio...