Middle East & North Africa Chart Pack Higher oil prices to help narrow twin deficits The price of oil has continued to rise and will help to improve balance sheets in the Gulf. With oil prices at $75pb, all Gulf economies with the exceptions of Bahrain and Oman are likely to be... 24th June 2021 · 15 mins read
Middle East & North Africa Economics Update The latest on COVID-19 and vaccines in MENA Virus numbers have fallen in the past few months in the MENA region and a rapid vaccine rollout should allow most of the Gulf economies, as well as Morocco, to lift restrictions further over the... 21st June 2021 · 4 mins read
Middle East & North Africa Chart Pack Gulf tightening the purse strings Fiscal plans announced across the Gulf over the past month suggest that governments will keep policy tight, a key reason why we think that economic growth will disappoint this year. The Saudi 2020... 29th January 2020 · 14 mins read
Middle East & North Africa Economics Update Bouteflexit: what next for Algeria? The decision by Algeria’s President Bouteflika to step down is likely to result in a long and potentially messy transition. At the very least, economic growth will weaken and the chances of a severe... 3rd April 2019 · 1 min read
Middle East & North Africa Economics Update Algeria’s protests and the impact on the rest of MENA Any economic fallout from the protests in Algeria will have a negligible impact on the rest of the MENA region. The greater risk stems from political contagion. Past experience suggests that... 13th March 2019 · 1 min read
Middle East & North Africa Economics Update Algeria after Bouteflika Algeria’s President Abdelaziz Bouteflika’s decision not to seek a fifth term in office is unlikely to spell the end of the political saga. Whoever eventually takes over will inherit an economy that... 12th March 2019 · 1 min read
Middle East & North Africa Economics Update Lessons for Algeria from the Arab Spring The protests in Algeria have inevitably spurred comparisons with the Arab Spring uprisings in 2011 and the experience from that period is that economic growth will slow and balance of payments strains... 5th March 2019 · 1 min read
Middle East & North Africa Economics Weekly Saudi to extend output cuts, more protests in Algeria Fresh hints from Saudi Arabia that it will extend its oil production cuts into the second half of this year support our view that economic growth in the Kingdom will be weaker than most anticipate... 28th February 2019 · 1 min read
Middle East & North Africa Economics Update Algeria: protests add to headwinds facing economy The recent protests in Algeria threaten to worsen the country’s economic problems. We already expected sharp falls in the dinar and much weaker economic growth over the next couple of years, but the... 25th February 2019 · 1 min read
Middle East & North Africa Economic Outlook A sluggish recovery The recovery in the Middle East and North Africa should continue over the coming months but growth is likely to be weaker than most anticipate. The rebound is being led by the Gulf as the drag from... 19th April 2018 · 1 min read
Middle East & North Africa Chart Pack Market turmoil fails to derail Egypt’s dollar bond sale Egypt defied the recent turmoil in global financial markets and issued $4bn of international bonds earlier this week. The sale was three times oversubscribed and the issuance was split into three... 15th February 2018 · 1 min read
Middle East & North Africa Chart Pack Regional growth slows further The raft of GDP data released over the past month showed that growth across the Middle East & North Africa continued to slow in Q2. Our weighted-average measure of regional GDP expanded by 1.4% y/y in... 20th October 2017 · 1 min read
Middle East & North Africa Economic Outlook Turning the corner Growth across the Middle East and North Africa has slowed further this year, but it should recover in 2018 and 2019. In the Gulf, the drag on GDP growth from this year’s oil production cuts will fade... 5th October 2017 · 1 min read
Middle East & North Africa Chart Pack Worst fears over Qatar crisis fade Diplomatic efforts have failed to bring an end to the stand-off between Qatar and the so-called Anti-Terror Quartet (Saudi Arabia, UAE, Egypt and Bahrain). Encouragingly, though, there are signs that... 21st July 2017 · 1 min read
Africa Chart Pack Africa: New data spring nasty surprises in Angola & Ghana New official economic data have revealed that the economies of Angola and Ghana are in much worse shape than we had previously believed. The revisions should draw attention to the weak statistical... 21st February 2017 · 1 min read
Middle East & North Africa Economics Update Algeria’s economy to slump in 2017 Algeria’s economy held up better than expected last year as a rebound in the hydrocarbon sector offset weakness in the non-hydrocarbon sector. However, the adjustment to low oil prices is far from... 8th February 2017 · 1 min read
