Economic Review
Kuwait's oil revenues could fall further
- In its latest economic brief on oil markets and budget developments, National Bank of Kuwait lowered its forecast for the price of Kuwaiti oil for next year, and raised its estimates of the ensuing budget deficit for the State.
- Thursday, November 29 - 2001 at 08:44
Egypt counts cost of September 11
- Egypt's economy has been badly mauled by the collapse of tourism and lower oil prices. And currency restrictions on imports are not going to help much.
- Monday, November 26 - 2001 at 14:24
NBK says credit at a four-year high
- The National Bank of Kuwait reports a four-year high for credit facilities in September, suggesting that consumer confidence is starting to boom, although some of this money may also be finding its way into the stock market.
- Tuesday, November 13 - 2001 at 08:44
No growth for Qatar in 2001
- After five years of heady growth, Qatar will take a pause this year before resuming its foreign investment fuelled expansion.
- Wednesday, October 31 - 2001 at 08:44
How US attacks impact the Saudi economy
- Samba has cut its GDP forecast for Saudi Arabia next year from one per cent to zero in the wake of the September 11 terrorist attacks on the United States.
- Thursday, October 25 - 2001 at 08:44
Saudi economy in excellent shape
- The National Commercial Bank of Saudi Arabia is forecasting 4.8% real GDP growth in 2001, with economic fundamentals intact for an excellent 2002 despite the recent international emergency.
- Tuesday, October 09 - 2001 at 08:44
Kuwait posts largest budget surplus in two decades
- National Bank of Kuwait notes in its latest economic brief on the closing accounts of the State budget for 2000/2001 that the government realized a KD 1.78 billion budget surplus before the allocation to the Reserve Fund for Future Generations.
- Wednesday, October 03 - 2001 at 08:44
NBK report bearish on oil prices
- In its latest economic brief on oil markets and budget developments, National Bank of Kuwait reports that oil prices are likely to remain within the band set by OPEC, though exhibit downward volatility following the terrorist attacks in the United States on September 11.
- Monday, September 24 - 2001 at 08:44
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