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Michael Armstrong

Michael Armstrong latest

Middle East Economy Projected to Recover at 2.1 Percent in 2020
December 24th, 2019 - 09:47 GMT

Middle East Economy Projected to Recover at 2.1 Percent in 2020

The Middle East economy is expected to recover at an estimated 2.1 per cent in 2020. Overall improvement in the Middle East will be primarily driven by an uptick in the region's two largest economies, Iran and Saudi Arabia, following a dire 2019, according to ICAEW's latest Economic Update. However, the accountancy and finance body says that the Middle East GDP growth declined modestly in 2019 by 0.5 per cent ...
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Oil prices have gained over three per cent since Opec and allies announced on June 22 to raise output to meet production caps set in 2016. (Shutterstock)
July 4th, 2018 - 08:29 GMT

UAE Committed to Boost Oil Output

The Middle East’s GDP is expected to grow 2.9 percent this year, up from just 1.1 percent in 2017. (AFP/ File)
February 27th, 2018 - 04:00 GMT

2018.. Turning Point for Middle East’s Economy?

With 2018 fast approaching, it is critical for businesses in the GCC to start planning now for the impending arrival of the new tax regime. (Pexels)
April 19th, 2017 - 10:16 GMT

5 simple steps for GCC businesses to get VAT-ready

Once businesses improve accountability and governance, they will be even more attractive to international investors. (Shutterstock)
June 1st, 2015 - 07:45 GMT

Private equity in MENA: still room to grow

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