According to official preliminary estimates, Qatar’s GDP increased four percent year on year in the second quarter, fueled primarily by the non-hydrocarbon sector. On a quarterly basis, however, GDP based on constant
MoreLebanese authorities have announced that they have formed a new government delegation to continue negotiations with the International Monetary Fund (IMF) aimed at salvaging the country from an economic meltdown. The government
MoreLebanese Prime Minister Najib Mikati announced that he has a scheduled meeting with the advisory firm Lazard, to see how a financial recovery plan it recruited for Lebanon could be developed into
MoreQatari minister says soaring gas prices not a crisis but reflection of a lack of investment
Qatar’s energy minister said on Tuesday that current high gas prices are due to a lack of investment as well as a supply deficit, but that the situation is not a crisis,
MoreLibyan Economy Minister Mohamed Al-Hawaij has made statements in an interview with a local television channel on the latest situation in the country’s economy. In his interview, Al-Hawaij stated that the country
MoreAbu Dhabi and Dubai’s recent actions are mostly aimed at mitigating the negative consequences of the oil-based economy. Given the difficulties in Gulf international relations, self-sufficiency and independence from oil emerge as
MoreLebanese leaders agreed on a new government led by Sunni Muslim Najib Mikati on September 10 after a year of feuding over cabinet seats that have exacerbated a devastating economic collapse, opening
MoreAccording to two sources familiar with the situation, Oman’s government is working on an environmental, social, and governance (ESG) framework that might allow the chronically indebted Gulf oil-producing country to diversify its
MoreThe latest diplomatic engagements between regional actors show that there is a new kind of alignment or power configuration/balance. It is likely to say that the recent developments and transformations in terms
MoreJordan’s economy is predicted to grow by 2 percent this year as the steady reoccurrence of tourists, stronger COVID-19 vaccination efforts and rising global demand support a rebound in the second half
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