Macroeconomics

Major economies in the Middle East and Africa experienced an economic slowdown with GDP growth rate declining for Saudi Arabia, United Arab Emirates (UAE), Nigeria, Qatar, Israel, and Iran in the second quarter of 2019. The area is affected by volatile oil prices, and in Q2 especially, there was a decline in oil prices and production cuts by OPEC. ...

Economic recovery in Saudi Arabia will continue to be supported by pick up in oil production to compensative for output decline in Iran. While Aramco privatization is delayed, Saudi aims to generate $11 billion non-oil revenue through privatization program by 2020. The killing of journalist Khashoggi heightened capital flight in October 2018, as th...

Economies of the Middle Eastern countries will remain modest due to higher oil exporting revenue being moderately offset by recession in Iran. Higher oil prices are expected to drive oil and gas and hydrocarbon sector in the region, with Saudi Arabia leading the pack in 2019. OPEC oil production dipped in November 2018 due to fall in Iranian produc...

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 ...

Frost & Sullivan’s experts look into the rising opportunities and implications of developments in Nigeria in 2013. Nigeria is considered as one of the emerging markets in Africa with the highest growth potential and market size. The growing manufacturing and services sectors in Nigeria has surpassed that of the oil industry and presents many oppo...