Middle East & North Africa Economics Weekly

Shifting geopolitical allegiances, IMF to visit Egypt

The meeting between Saudi Arabia’s Crown Prince Mohammed bin Salman and President Trump next week is widely expected to see the announcement of a new security deal and the US’s partnership in the...

13th November 2025 · 7 mins read

Middle East & North Africa Rapid Response

Egypt Consumer Prices (Oct. 2025)

Egypt’s headline inflation rate rose from 11.7% y/y in September to 12.5% y/y in October, its fastest pace since July, but policymakers at the Central Bank of Egypt (CBE) have plenty of room to...

10th November 2025 · 2 mins read

Middle East & North Africa Economics Weekly

UAE keeps up Gulf AI momentum, Qatar-Egypt deal

AI-related investments in the UAE this week add to signs that the US is using access to AI technologies to take the Gulf economies away from China’s sphere of influence. It may also reflect the...

6th November 2025 · 8 mins read

Middle East & North Africa Rapid Response

Middle East & North Africa PMIs (Oct. 2025)

October’s batch of whole economy PMIs for the region showed a pick-up, suggesting that non-oil private sectors in the Gulf have continued to fare better than expected amid the backdrop of low oil...

4th November 2025 (Updated 5th November 2025) · 3 mins read

Emerging Markets Financial Risk Monitor

EM Financial Risk Monitor (Oct. 2025)

EM financial markets have continued to perform well in the past quarter, with currencies holding firm against the US dollar and sovereign bond spreads narrowing in many places. This has been supported...

29th October 2025 · 1 min read

Middle East & North Africa Chart Pack

Middle East & North Africa Chart Pack (Oct. 2025)

Our Middle East & North Africa Chart Pack has been updated with the latest data and our analysis of recent developments. We expect the Middle East and North Africa to record its fastest rate of GDP...

28th October 2025 · 1 min read

Middle East & North Africa Economics Weekly

Saudi-US defence talks, Egypt-IMF deal, Morocco 2026 Budget

The US and Saudi Arabia have stepped up security talks ahead of Crown Prince Mohammed bin Salman’s visit to the White House next month. A full defence pact is unlikely to materialise, however, given...

23rd October 2025 · 7 mins read

Middle East & North Africa Economics Weekly

Israel-Hamas ceasefire, oil slides, Tunisia’s unorthodoxy persists

The ceasefire between Israel and Hamas has, so far, remained intact, which could bring positive spillovers for the likes of Egypt and Jordan. More importantly, however, the war has fundamentally...

16th October 2025 · 6 mins read

Middle East & North Africa Economics Update

The geopolitical ramifications of the Gaza peace plan

The war in Gaza has fundamentally re-shaped geopolitics in the Middle East. Iran and Russia (and, indirectly, China) are nursing blows to their power in the region, which has created space for the US...

15th October 2025 · 5 mins read

Middle East & North Africa Economics Weekly

Israel-Hamas ceasefire, Egypt heads to Washington

Israel and Hamas appear on the cusp of agreeing a long-awaited ceasefire agreement. If it holds, this puts the region on a path to end the war and removes key downside risks to the Middle East’s...

9th October 2025 · 8 mins read

Middle East & North Africa Economics Update

PMIs: Gulf non-oil sectors end Q3 on a strong footing

Gulf non-oil sectors enjoyed a strong end to Q3 but Saudi Arabia’s recent Pre-Budget Statement for 2026 reinforced our view that non-oil growth in the Kingdom will slow over 2026-27. Elsewhere, Egypt...

6th October 2025 · 2 mins read

Middle East & North Africa Rapid Response

Egypt Interest Rate Announcement (Oct. 2025)

The Central Bank of Egypt (CBE) cut its overnight deposit rate by 100bp, to 21.00%, and we expect that policymakers will continue to loosen monetary policy over the rest of this year and into 2026 as...

2nd October 2025 · 2 mins read

Middle East & North Africa Chart Pack

Middle East & North Africa Chart Pack (Sep. '25)

Our Middle East & North Africa Economics Chart Pack has been updated with the latest data and our analysis of recent developments. The Middle East and North Africa is set to record its fastest GDP...

26th September 2025 · 1 min read

Middle East & North Africa Economics Weekly

Lebanon’s debt, Saudi & Dubai real estate

Lebanon’s Eurobonds are trading at their strongest in over four years as investors’ hopes of a sovereign debt restructuring build amid the new government’s reform push. But we’d caution that, for a...

25th September 2025 · 7 mins read

Middle East & North Africa Economic Outlook

Regional pick up, but divergence under the surface

The Middle East and North Africa is set to record its fastest GDP growth – outside of the post-pandemic recovery – in well over a decade over the course of 2026-27. Egypt and Morocco are emerging as...

18th September 2025 · 22 mins read