Oman: Rising oil revenues to the rescue once again

Higher oil prices and production look set to rescue the Omani budget, after three years when the fiscal situation looked to be spiralling ever downward. With well over half of oil output already forward-sold on the Dubai Mercantile Exchange, and with the latest price for delivery in December at $75.98 a barrel (/bbl), average crude oil prices for 2018 are widely now expected to reach about $70/bbl, compared with a budget assumption of $50/bbl. 20th September 2018, Issue 1,066. Read more

Bahrain's Economic Performance

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Gulf boundaries and hydrocarbons infrastructure

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The Gulf region: economy and society

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Iraqi Kurdistan hydrocarbons infrastructure map

Revised in January 2015, this map provides a detailed overview of hydrocarbons infrastructure in the Kurdistan area of Iraq.

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Weak Saudi investment flows point to economic trouble ahead

Away from the spin and razzmatazz of last month’s Future Investment Initiative (FII) conference in Riyadh, analysts are...

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Consultants face scrutiny but are locked into their Saudi business

As Turkey drags out the aftermath of the Jamal Khashoggi affair and Saudi Arabia responds by seeking culprits higher up the...

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UAE power projection prompts guarded concern among some allies

The British-Omani military exercises Al-Shomoukh 2 and Saif Al Sarea 3 were still in full swing on land, sea and air as GSN...

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Events

11-12 December

Oman Sustainable Energy and Technology Summit

Grand Hyatt, Muscat Oman

28-29 January

Middle East and North Africa Energy 2019

Chatham House, London

19-20 February

The Solar Show MENA

The Nile Ritz-Carlton, Cairo, Egypt

5-7 March

Middle East Electricity

Dubai World Trade Centre, UAE

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