Investors’ confidence in the economic outlook of MENA countries did not improve in the last quarter of 2015. The geo-political risks of the region that kept on aggravating and the worsening oil prices ... read more
Similarly to the previous years, the United Arab Emirates (UAE) held on to its strategic goals despite the global economic headwinds and the escalating regional tensions. Deteriorating oil prices were ... read more
Fiscal deficit, for the first three quarters of 2015, broadened 17.38% year-on-year (y-o-y) to $2.61B. This was attributed to the 8.61% yearly decrease in revenues outpacing the 2.91% annual decline in ... read more
The economic outlook of MENA countries remained gloomy during the third quarter of 2015 due to low oil prices and intensifying conflicts in many parts of the region. Economies of oil-exporting countries ... read more
Lebanon’s economic growth remained positive in 2014 despite the challenging political, security, and external environment. The Lebanese economy went through difficult times in 2014 except for the formation ... read more
Lebanon’s public finances have long been precarious. According to the World Bank, in the 10 years prior to the Syrian conflict, the fiscal deficit averaged 9.7% of GDP, taking the debt to GDP ratio to a ... read more
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