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Bahrain minister backs strategic PPP projects in oil sectorDr Mohammed bin Mubarak bin Daina, Oil and Environment Minister, Special Envoy for Climate Affairs, has affirmed the government’s keenness to encourage investments in the kingdom’s oil and environmental projects, reported BNA More… |
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Oil sector needs $12 trillion in investments till 2045: OpecThe global oil industry, which is set to make up almost 29% of the world’s energy needs by 2045, will require nearly $12.1 trillion in investment between now and then. This equates to more than $500 billion each year, according to a top More… |
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Saudi GDP edges up 1.8% in Q2 on oil sector: reportSaudi Arabia’s gross domestic product (GDP) rose 1.8% y-o-y in the second quarter (Q2) of 2021 as compared to a contraction of 3% year-on-year (y-o-y) in Q1 2021, a report said, citing estimates of the General Authority for Statistics. More… |
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Kuwait oil sector weighed down by prices, output: IMFKuwait’s non-oil growth strengthened in 2019, but lower oil prices and output are weighing on the oil sector, said the International Monetary Fund (IMF) at the end of an official staff visit to the country. Non-oil growth wa More… |
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Bahrain economic growth surges 4.6pc in Q4 2018Bahrain’s economy recorded a real growth of 4.6 per cent and 6.5 per cent in current prices during the fourth quarter of 2018 compared to the same period of the previous year, said the Information & eGovernment Authority (iGA) in a new More… |
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Bahrain economic growth surges 4.6pc in Q4 2018Bahrain’s economy recorded a real growth of 4.6 per cent and 6.5 per cent in current prices during the fourth quarter of 2018 compared to the same period of the previous year, said the Information & eGovernment Authority (iGA) in a new More… |
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Saudi economy ‘continued to expand in Q3’Saudi Arabian economy has continued to expand for the third straight quarter in 2018 with Q3 2018 GDP increasing at the fastest pace since early 2016, driven by improvement in the oil sector (accounting ~65 per cent of Q3 GDP expansion) on highe More… |
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Oil still dominating Mideast economies: ICAEWOil continues to dominate and shape the macroeconomic outlook for Middle Eastern economies, despite major economic diversification efforts, said accountancy and finance body ICAEW in a new report. Economic recovery in the Middle E More… |
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Oil still dominating Mideast economies: ICAEWOil continues to dominate and shape the macroeconomic outlook for Middle Eastern economies, despite major economic diversification efforts, said accountancy and finance body ICAEW in a new report. Economic recovery in the Middle E More… |
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Bahrain records economic growth of over 5pc in Q1Bahrain’s gross domestic product (GDP) in the current prices grew by 5.1 per cent during the first quarter (Q1) of the year as compared to the same quarter of 2017, the Information & eGovernment Authority (iGA) said in a new report. More… |
