With Russia embroiled in the Ukraine conflict, the Middle East has the ability to cushion global LNG exports shocks.
The Gulf state has fired on all cylinders to stay ahead of the natural gas race, but analysts say its rule may soon be over.
The East African country’s planned conduit is seen by analysts as a vital economic instrument for the region.
Public and private sector investment in the Middle East healthcare sector is expected to reach over USD 150 billion in 2016, with spending in Saudi Arabia estimated at around USD 42 billion, according to data compiled by Zawya.
Officials of both countries are open about their ongoing talks, but experts say a formal deal is unlikely to happen soon.
Major crude oil producers are tapping the opportunities brought about by the continent’s energy renaissance.
The continent is the latest destination for tourism investments with Nigeria surprisingly becoming a popular choice.
National Bank of Egypt chairman attributes the increase in deposits to renewed confidence in the local banking system.
New tax regime and policy framework are expected to add to mounting pressure on the continent’s major industry.
Developing this travel segment will hopefully put some much-needed cash in to the country’s thinning coffers.