Trade Oman’s foreign trade up thanks to oil and gas Oman’s total foreign trade in 2024 rose by 7 percent year on year to $63 billion, led by a rise of 18 percent in oil and gas exports. However, non-oil revenues fell, underlining Oman’s continued heavy reliance on fossil fuels. Oil and gas exports jumped to $42 billion in 2024, up from $35.6 billion the […] March 5, 2025
OpinionLOGISTICS GCC economies have held their own against larger rivals in a ranking of emerging marketsJohn Manners-Bell, CEO, Transport Intelligence Insight
OpinionRENEWABLE ENERGYA GCC carbon tax could drive meaningful change without damaging economic activityManal Abdel-Samad, Senior adviser in fiscal policy
OpinionenergyPoorer countries feel that the rich world is ‘drawing up the ladder’ of hydrocarbon energyFrank Kane, Editor-at-Large, AGBI
Analysis Transport Rail to do heavy lifting for GCC in age of flying taxis Flying taxis and autonomous vehicles may get all the attention, but metros and national rail networks will be the backbone for the GCC’s growth, productivity and regional integration, industry experts have said. “Rail will continue to do the heavy lifting economically, spatially and socially across the GCC,” UAE-based transport planning and mobility expert Martin Tillman […] January 29, 2026
Analysis Construction Saudi construction surge draws interest from around the world Brazil’s ProMarmo, a small family-owned supplier of marble, onyx and granite, has just two branches, both in the southern Brazilian state of Rio Grande do Sol. After more than 20 years in business, the company is considering opening its third branch in none other than distant Saudi Arabia. Growing numbers of small construction companies, contractors […] January 28, 2026
Banking & Finance Turkish inflation eases again, with interest rate cut likely Turkey’s inflation rate declined again in February, falling below 40 percent for the first time since mid-2023, while an indicator of industrial activity improved. The consumer price index fell to 39.05 percent, according to data issued by state statistics agency Turkstat this week, with a month-on-month price increase of 2.27 percent. The decline could mean […] March 4, 2025
Oil & Gas Swathe of new oil and gas sites opened to bids in Egypt Egypt has invited international companies to bid to develop 13 new oil and gas sites in the Mediterranean Sea, the Gulf of Suez and the western desert as the country seeks to reverse a fall in natural gas production. The bids cover concessions that include seven undeveloped discoveries and six exploration areas, according to the […] March 4, 2025
