Egypt fosters false economic expectations
Things will get tougher before they get better in Egypt. With rich reigning in ballooning fiscal deficit and unemployment still on the rise, it may be cause more costly unrest.
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Things will get tougher before they get better in Egypt. With rich reigning in ballooning fiscal deficit and unemployment still on the rise, it may be cause more costly unrest.
November 29, 2011 2:15Egypt needs cash, quickly. But without a recognisable government and a ruling military council criticised for its protest crackdown methods, it’ll be very hard to secure investment and assistance.
November 28, 2011 4:26With an expected 36 percent rice this year, Dubai's non-oil export is growing due to political stability and new trade links. So will this be the emirates' saving grace?
November 28, 2011 4:09Tunisia's economy grew by 1.5 percent in the third quarter of the year but overall growth in 2011 will be close to zero, central bank governor Mustafa Kamel Nabli said on Thursday.
November 24, 2011 2:20Some say global demand for oil is waning. Others say the exact opposite. Get the right facts and make up your own mind. Everyone else is in the dark.
November 23, 2011 4:58Oman set its 2012 draft budget with a deficit of 1.2 billion rials ($3.1 billion) and expenditures of 10 billion rials, higher than planned for 2011, a finance ministry official said on Wednesday.
November 23, 2011 10:49Egypt needs to lure back foreign investors to alleviate pressure on domestic banks. Even with the promise of Gulf aid, the country’s fortunes hang on its upcoming elections.
November 3, 2011 2:12Can China's economy thrive with a censored Internet?
October 28, 2011 8:30Economic growth in key Gulf Arab states will slow markedly next year because of a sluggish global economy but remain well above recessionary levels.
October 1, 2011 1:26John Kemp recommends not get too taken in by the monthly fluctuations oil prices. He suggests another way to read the signs.
August 18, 2011 11:13No headline grabbers here, as the world's sovereign wealth funds look for smaller, fast-growing investments, with Middle East funds looking at domestic opportunities.
July 26, 2011 1:28Underground transport system deal in Iran bolsters historical economic relationship with China. News follows Iran's announcement that it is adding new centrifuges to speed up uranium enrichment.
July 20, 2011 10:06Is it a surprise that five months of protest is putting Yemen's economy in danger of shrinking? IMF's ready to provide loans, only as soon as crisis is resolved.
July 14, 2011 12:02OPEC implies economic turbulence could shave current demand growth by 200,000 bpd, according to a Reuters report. So where’s this oil demand everyone’s (IEA and Saudi Arabia) talking about?
July 13, 2011 11:27The world’s two biggest economies (China, US) are not showing good economic data while sovereign debt in Europe adds to mounting concern. Is recession getting its second wind?
July 11, 2011 11:54