Reports over the past week suggest that Egypt may be trying to leverage its role in the Israel-Gaza conflict to receive financial support. However, this would not address the fundamental issues behind the country’s own economic crisis. Elsewhere, QatarEnergy has signed several long-term LNG delivery deals in the past month, highlighting the significant boost that the North Field is set to provide to the economy from 2025. And finally, Saudi inflation slowed further in September, and we think this will continue as we head into next year.
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