1. Saudi Arabia Taps Foreign Reserves To Fund Overseas Investments

    ...BRUARY 2011 IN APRIL ($BN) SOURCE: SAMA, MEES....

    Volume: 63
    Issue: 23
    Published at Fri, 05 Jun 2020
  2. Sanctions: Tehran Tries To Come In From Cold As US Threatens To Turn Up Heat

    ...ough there remains some way to go. Crude exports to the EU were worth $4.57bn in 2016 according to figures from the European Commission compared to $23.5bn in 2011, when oil prices were of course substantially higher (MEES, 7 April). …BUT INVESTMENT STALLED…         The biggest Iranian energy de...

    Volume: 60
    Issue: 23
    Published at Fri, 09 Jun 2017
  3. Iran Struggles To Attract Investment Amid Continued Sanctions, Both Real & Perceived

    ...clear capability, has had a crippling impact on its economy. After these sanctions were tightened further in 2011, Iran’s roughly $420bn economy shrank by about 9% in the following two-year period that ended in March 2014, according to the IMF. Crude oil exports fell from 2.48mn b/d in 2011 to ju...

    Volume: 59
    Issue: 23
    Published at Fri, 10 Jun 2016
  4. S&P Upgrades Saudi Sovereign Credit Ratings

    ...8% for 2012 and 8.5% for 2011 (see graph).   Riyadh slams IMF Projections The Saudi government takes exception to these IMF growth numbers, Finance Minister Ibrahim al-‘Assaf told a Riyadh forum at the end of May. He says (unspecified) higher Saudi estimates for 2013 are more ac...

    Volume: 56
    Issue: 23
    Published at Fri, 07 Jun 2013
  5. Yemen To Get $200Mn Aid

    ...ate energy subsidies, which are as high as 5% of GDP, the main area of concern. The IMF estimates GDP growth at a mere 0.1% in 2012 after shrinking 10.5% in 2011 as a result of the political turmoil in the country. The IMF had earlier said that the government first needs to agree on its economic pr...

    Volume: 56
    Issue: 23
    Published at Fri, 07 Jun 2013
  6. Bahrain Beats Budget Projection

    ...strengthening of the investment climate, will be the key to restoring high levels of private sector-led growth and the creation of employment for Bahrainis.    Given this uncertainty, Bahrain can look forward to benefit from the $10bn aid package pledged by the GCC countries in 2011 for ec...

    Volume: 56
    Issue: 23
    Published at Fri, 07 Jun 2013