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Economic Effects of War and Peace in the Middle East and North Africa
February 4, 2016--The World Bank's latest Quarterly Economic Brief for MENA has revised estimates of economic growth in MENA, at 2.6 percent in 2015, falling short of expectations from the 2.8 percent predicted in October.
Being constrained by war, terrorism and to some extent cheap oil, short term growth prospects remain "cautiously pessimistic". The report examines the different ways in which civil wars are affecting the economies of the region, including the important channel of forced displacement, which has become a crisis.
view the MENA Quarterly Economic Brief, January 2016: The Economic Effects of War and Peace
Egypt to launch Middle East's first commodities exchange by end-2016
February 1, 2016--Egypt plans to launch the Middle East's first commodities trading exchange by the end of 2016, Supplies Minister Khaled Hanafi said on Monday.
Egypt announced plans to set up a global commodities centre back in 2014 but gave few details at the time.
Israel's economy is sound but it urgently needs to address productivity, inequality and poverty
January 31, 2016--Israel's economy has strong fundamentals, but the country needs to address productivity, inequality and poverty if it wants to improve well-being and reduce socio-economic divides, according to the OECD's latest Economic Survey of Israel.
The release coincided with the fifth anniversary of Israel's accession to the OECD. The Survey was presented by OECD Secretary-General, Angel Gurría, to Prime Minister Benjamin Netanyahu during a cabinet meeting today.
view the Economic Survey of Israel 2016
Gulf bourses rise after Russia raises oil output issue
January 28, 2016--Stock markets in United Arab Emirates and Qatar rose in early trade on Thursday as oil prices held above USD 30 a barrel.
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Dubai, Qatar rise; banks weigh on Abu Dhabi
January 27, 2016--Dubai and Qatar's stock markets rose in early trade on Wednesday following a bounce back in oil prices since those bourses last traded, while blue-chip banks weighed on Abu Dhabi.
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UAE, Qatar trade lower as oil turns south
January 26, 2016--Stock markets in the United Arab Emirates and Qatar fell in early trade, following Asian shares lower as oil prices broke below the USD30 a barrel mark.
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Gulf trades narrowly as investors remain uneasy
January 25, 2016--Most Gulf bourses traded narrowly on Monday, with investors torn between betting on further gains following a sharp rebound a day earlier.
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Egypt: Egypt Stock Market Pushed Up By Rising Oil
January 25, 2016--The Egyptian stock exchange's main indices rallied on Sunday, the first trading session of the week as rising oil prices pushed Egypt and Gulf markets up.
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Middle East stock markets rally as oil rebounds
January 24, 2016--Dubai soared 6.4 per cent at the opening.
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Gulf trades narrowly as investors remain nervous
January 21, 2016--Most Gulf bourses traded narrowly early on Thursday as investors lacked the optimism to buy back beaten-down stocks aggressively, despite attractive valuations after the bear trend of the past several weeks.
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