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...

Emerging European economies are gradually registering a positive economic growth, stemming from a sensible monetary policy from the European Central Bank. However, the reliance of the Ukrainian and Turkish economies on external financing, as a result of the ongoing critical period in these countries, has remained a major area of concern in 2014.

Western European countries are experiencing a slowdown in economic growth, but the trend is uneven across the region. Purchasing Manager’s Index gave a reading of 52.1 in October 2014 (a reading above 50 signifies an expansion in output). Although major economies such as Spain and Germany reported an increase in new business opportunities, others...

Western Europe is expected to maintain its growth momentum in the latter half of 2014 but high inflation, high unemployment, and political instability prevalent in some major countries will hamper growth. Increase in domestic and external demand is expected to further improve manufacturing production, thus stimulating growth in the next two quarter...

As recovery continues in this region, growth trends have been observed to be uneven across the economies, while domestic demands remain a key growth driver in major countries. Reforming labor market conditions remain top priority, which will be instrumental in enhancing business confidence and competitiveness. Weaker Euro area recovery and market i...