Economic Tracker

There have been significant, positive shifts in the approach to women’s roles in society around the world. More women are now moving to leadership positions, occupying more seats in the boardroom, scaling successful companies, and even making a successful political presence. Women can drive the world’s economy as they represent a growth market ...

Significant fall in oil prices has drastically altered public spending patterns throughout the region. Growing number of countries are trying to opt for a strict fiscal measures and tax impositions to combat fiscal deficit. Increased oil production from Iran post sanctions could pose greater geopolitical risks on the region’s overall economic hea...

Middle Eastern economic growth is likely to remain somber due to the geopolitical turbulences throughout 2015 out of the collapse in oil prices as well as Iran nuclear deal. While Saudi Arabia is contemplating a loss of market share given increased oil production from Iran, The United Arab Emirates and Qatar are trying to remain resilient with impr...

Oil prices might see some signs of stabilization given the discussions between Saudi Arabia and Russia in February 2016 to freeze crude oil production. Most of the oil exporting economies in the Middle East and African region, barring Qatar and United Arab Emirates due to their well-diversified economy, ended 2015 with abysmal economic fundamentals...

Countries in North Africa and the Middle East will continue to be hampered by social tensions, but certain countries, such as the UAE and Saudi Arabia will continue to expand upon infrastructure investments, which will promote growth in non-oil private sectors. Countries in Sub-Saharan Africa will show strong growth, driven by local demand in the r...

Emerging Middle East and Africa (MEA) is one of the fastest developing regions, with economies showing relative resilience to the global economic downturn and strengthened performance expected in the short term. Within the MEA region there are divergent growth patterns in H2 2013. The political instability in Egypt has severely hampered growth pros...

Oil-exporting countries such as the UAE, Saudi Arabia, and Algeria are likely to grow at a steady rate in Q4 2013 and H1 2014. Due to moderate global demand for oil, oil companies are reported to be scaling down oil production and holding back oil and gas sector investments in major oil producing economies in the region. This is likely to continue ...

The Western European economy is likely to recover at a very slow pace in 2013, as economic uncertainty continues to loom. The Government of France needs to focus on reducing the fiscal deficit, increasing tax on companies, and reducing public spending in Q1 2013. Germany has succeeded in maintaining a positive trade balance and this is expected to ...

The emerging countries of the Latin American region—Chile, Colombia, and Mexico—are likely to experience moderate growth during the first two quarters of 2013. Economic growth would be largely dependent on domestic demand, and increasing infrastructure investment. Growth in exports is expected to be moderate due to slow global recovery in 2013....