Diversification

Oman: Rentier State No More

Oman breaks Gulf tradition with first-ever income tax on top earners, marking a bold step toward post-oil economic transformation.

UAE Sustains Revenue Growth in Non-Oil Sector in 2025

Diversification efforts in the UAE continue to grow as the non-oil sector expands amidst high growth and export revenues in January 2025.

Senegal’s GDP Jumps 8.9% in Q3, 2024

Energy output and decisive governance powered Senegal's economic growth in the third quarter of 2024. As we enter Q1 of 2025, the IMF forecasts a natural slowdown in growth although succcessful diversification efforts, balanced by GCC investment, is forecast to shore up growth by 2026.

Popular

A Vote for the EU and Péter Magyar

Hungary turns a corner as Péter Magyar secures a landslide win, vowing to end corruption and unlock billions in EU funds to rebuild the country's future.

From Chagos to the Gulf: the New Island Rush

As Chagos and other islands become pawns for global powers, international rules are fading and a new era of raw control over the world’s vital sea lanes is beginning.

IMF and EBRD: Can Big Cash Stop Economic Fallout?

As global conflicts disrupt energy markets, global banks prepare massive rescue funds for states struggling with rising prices and crippling debt burdens.

Iran Crisis Puts Ireland on the Sharp End

As oil stops flowing, Ireland's crisis warns that trade-led states are now on the global front line.

How the Iran Ceasefire is Realigning the Gulf and Europe

US-Iran ceasefire, GCC stability, Brent oil drop, and Lebanon escalation reshape Gulf strategy and global energy markets.