- Sort by:
- Score
- Published ▼
-
Oman Export Revenues Leap 47% To Record $66bn For 2022
...ne 2022. But this proved a temporary blip, with volumes rebounding to 819,000 b/d for September. India took the second highest amount of Omani oil, averaging 85,000 b/d in 2022 – the highest since the record 88,000 b/d set in 2011. However, exports to India fluctuated throughout the year, with In...
Volume: 66Issue: 08Published at Fri, 24 Feb 2023 -
Qatar 2019 Trade: Europe No Panacea As Revenues Fall Despite LNG Volume Surge
...ipments of condensate are also imported from Qatar for instance – it is the key one. The biggest increase in volumes appears to have been to the UK. Imports of LNG from Qatar peaked at 21.6mn tons in 2011, but steadily dropped in the ensuing years and reached a 10-year low of 2.9mn tons in 2018. Pr...
Volume: 63Issue: 08Published at Fri, 21 Feb 2020 -
Bahrain Raises $600mn Despite Downgrade, Oman Plans Issue
...rch and May to help finance the budget deficit, according to a Reuters report on 19 February. Tunisia, a country in political transition after pioneering the 2011 Arab Spring revolts, is currently engaged in talks with the IMF to negotiate a new credit program worth around $1.7bn (MEES, 19 Fe...
Volume: 59Issue: 08Published at Fri, 26 Feb 2016 -
Saudi Reserves Hit $753Bn But Trade Surplus Falls
...udi economy, notes that the growth in the 2013 reserve accumulation is lower than in 2012 and 2011, a reflection of a 7% decline in oil export revenues and a high appetite for imports which rose 8% in value last year. Looking ahead, Samba is forecasting an increase in foreign assets to $823bn in 20...
Volume: 57Issue: 08Published at Fri, 21 Feb 2014 -
World Bank Makes Good On Yemen Support Pledge
...vernment has managed to stem the economic contraction caused by the 2011 Arab Spring-related crisis; overseeing a near doubling of Central Bank reserves to $6.2bn, from around $3.7bn posted at the height of the troubles. Source: World Bank....
Volume: 56Issue: 08Published at Tue, 26 Feb 2013 -
Syrian Officials Review Economic Consequences Of Ongoing Civil War
...finery running at 70% capacity and Banias at 79.5% capacity. Their output meets about 40% of domestic demand, with the remainder imported from “friendly countries,” he added. (Prior to the political turmoil in the country, the two refineries were processing around 245,000 b/d of crude – MEES, 7 November 2011...
Volume: 56Issue: 08Published at Fri, 22 Feb 2013 -
Egyptians Rush Into Dollars, Fearing Pound’s Collapse
...out 14% since the beginning of the Egyptian revolt in January 2011 to an official rate of $1=E£6.73. A black market for foreign exchange has also emerged with the pound trading even lower at around $1=E£7. Forex reserves have fallen to $13.6bn at the end of January, less than half their level in Ja...
Volume: 56Issue: 08Published at Fri, 22 Feb 2013 -
SWIFT Denies Knowledge Of Iran Sanctions Busting
...rcumvent them is “a matter for regulators and policy makers.” As a global supplier of secure messaging services, SWIFT notes it has no involvement in or control over the underlying financial transactions that are contained in the messages of its member banks. In its 2011 annual review, Belgium-in...
Volume: 56Issue: 08Published at Fri, 22 Feb 2013 -
Jordan Disburses $141Mn To Offset Energy Cost
...ficit ballooned and the government was no longer able to bear the burden. Following the overthrow of the Husni Mubarak regime in Egypt in early 2011, the flow of Egyptian gas to Jordan was sporadic because of the frequent sabotage of sections of the Arab Gas Pipeline (AGP) which supplied cheaper gas to th...
Volume: 56Issue: 08Published at Fri, 22 Feb 2013