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Qatar’s 2022 Export Revenues Top $100bn With Three Months To Spare
...0bn. Not since 2014 have the emirate’s exports achieved this level over the course of a year. With an entire quarter of strong exports yet to come, the question now is simply how high will the end-year figure be? Driven by booming LNG export revenues, Qatar has put together back-to-back monthly ex...
Volume: 65Issue: 45Published at Fri, 11 Nov 2022 -
Qatar Quarterly Export Revenues At 7-Year High
...The gradual increase in the price of Qatari LNG is much less dramatic than spot market gains, but it is lifting the emirate’s revenues to their highest level since late 2014. Qatari export revenues are running at seven-year highs as the LNG superpower benefits from the energy price cr...
Volume: 64Issue: 45Published at Fri, 12 Nov 2021 -
Saudi Arabia Expects Large Budget Deficits Until 2022
...With Saudi Arabia planning to run budget deficits until 2022, the kingdom’s own figures point to a cumulative deficit since 2014 of more than $450bn. Efforts to kick-start private sector development are essential if the government is to succeed in its critical efforts to reduce the economic de...
Volume: 62Issue: 45Published at Fri, 08 Nov 2019 -
Saudi 9M Stats Show Kingdom Almost In The Black: Too Good To Be True?
...e nine-month figure suggests that Saudi Arabia is on track to post a full year deficit of just $17.5bn, not only by far the lowest since oil prices headed south in late 2014, but actually level with 2014 as a whole – when oil prices averaged $97/B, some 37% above the $71.1/B average for January-Se...
Volume: 61Issue: 45Published at Fri, 09 Nov 2018 -
S&P Downgrades Saudi, Riyadh Rejects Assessment
...SAUDI ARABIA Ratings agency S&P on 30 October lowered its foreign and local currency sovereign credit ratings on Saudi Arabia one notch to A+/A-1 from AA-/A-1 and kept the outlook negative. S&P says it expects Riyadh’s fiscal deficit to soar from 1.5% of GDP in 2014 to 16% in 2015, “pr...
Volume: 58Issue: 45Published at Fri, 06 Nov 2015 -
Saudi Economy Will Remain Coupled To Oil Prices
...2014-2015^ mn b/d 0.6 0.8 1.4 115 to 47...
Volume: 58Issue: 45Published at Fri, 06 Nov 2015 -
Lebanon Bags Good Terms For $1.6bn Eurobond Despite Geopolitical Headwinds
...stability. Lebanon’s power vacuum has brought the decision making process in the government to a virtual standstill with no measures to deal with key economic decisions. The country has been without a head of state since President Michel Sulaiman’s term expired in May 2014, and parliament has been unable to ag...
Volume: 58Issue: 45Published at Fri, 06 Nov 2015 -
Jordan Looks To Slash Deficit In 2015 Budget
...2014, according to the draft budget which was approved by the cabinet at the end of October. Domestic revenue (other than grants) is projected to rise by 10% to JD6.28bn ($8.855bn). With inflation projected at 2.4% in the 2015 budget, spending is slated to rise by less than 1% in real te...
Volume: 57Issue: 45Published at Fri, 07 Nov 2014 -
Yemen Oil Take Slumps
...ee jailed prisoners. The value of oil exports in the first eight months of 2014 fell by 33% to $1.216bn from $1.811bn in the same period of 2013, the Central Bank of Yemen (CBY) said in its latest Monthly Statistical Bulletin. The CBY blames the fall in revenue on sabotage attacks on oil ex...
Volume: 57Issue: 45Published at Fri, 07 Nov 2014 -
Iran: Official Inflation 40%, Real Rate May Be Double
...anian year on 20 March 2014. This would be done by curbing liquidity growth (which rose more than five times in the past seven years) and adopting suitable monetary and fiscal policies. Some officials claim that the payment of cash handouts under the subsidies reform plan, initiated by the former go...
Volume: 56Issue: 45Published at Fri, 08 Nov 2013 -
Syria: 2014 Budget
...SYRIA Syria: 2014 Budget Syria’s draft budget law for 2014 envisages total expenditure of S£1,390bn ($10bn at the current official rate of $1=S£139), virtually unchanged from S£1,383bn ($9.9bn) in 2013. The 2014 budget consists of S£1,010bn ($ 7.3bn) for current ex...
Volume: 56Issue: 45Published at Fri, 08 Nov 2013