Egypt’s gas sector appears to be on the cusp of a significant resumption of activities, and this should go some way to easing the domestic shortages that hit activity as well as improving the current account. Elsewhere, figures showed that Saudi Arabia’s budget deficit widened to nearly 3% of GDP in 2024, but a push to cut capital spending should keep the deficit contained and prevent a sharp jump in government debt. Finally, emergency meetings among regional leaders have been scheduled for tomorrow and early March, which are likely to discuss proposed plans for the future of Gaza – and provide alternatives to President Trump’s suggestions.
Drop-in: We will be hosting an online briefing on how Egypt's economy fares twelve months on from a dramatic policy shift. Join us on Thursday 6th March 11.00 GMT/15.00 GST. Register here.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.