Middle East & North Africa Chart Pack Middle East and North Africa Chart Pack (June 2024) Growth in the Gulf economies is likely to pick up in the coming quarters, particularly as oil output starts to rise from October. We think non-oil sectors will continue to grow strongly. But the... 25th June 2024 · 1 min read
Middle East & North Africa Economics Weekly Lebanon on the brink, Hajj underway, Morocco rates Tensions between Hezbollah and Israel have ratcheted up in recent weeks and now threatens to draw Lebanon directly into the war. The economy is already in the midst of one of the worst crises on... 20th June 2024 · 6 mins read
Middle East & North Africa Economic Outlook GDP growth pick-up on a fragile footing Growth in the Gulf economies is likely to pick up in the coming quarters, particularly as oil output starts to rise from October. We think non-oil sectors will continue to grow strongly. But the... 18th June 2024 · 20 mins read
Middle East & North Africa Chart Pack Middle East and North Africa Chart Pack (May 2024) Low oil output in the Gulf has constrained economic growth so far this year and the upcoming OPEC+ meeting will prove pivotal to the outlook over the rest of this year. Elsewhere in Middle East and... 29th May 2024 · 1 min read
Middle East & North Africa Economics Weekly Egypt’s privatisation drive, dollarisation in Lebanon Egypt’s latest privatisation drive appears to have stalled after targets were watered down. The government doesn’t face the same need to secure revenues as it did recently, but privatisation is still... 25th April 2024 · 7 mins read
Middle East & North Africa Economic Outlook A soft 2024, but faster growth around the corner Low oil output in the Gulf will constrain GDP growth over the first half of this year. But as this reverses, growth will pick up and by more than most expect. Elsewhere in Middle East and North Africa... 25th March 2024 · 20 mins read
Middle East & North Africa Economics Update Israel-Hamas spillovers weigh on non-Gulf economies The main spillover to the global economy, so far, from the Israel-Hamas conflict has been major disruptions to shipping, but there has been a bigger and broader economic impact in the MENA region... 20th February 2024 · 5 mins read
Middle East & North Africa Economics Weekly Egypt fiscal tightening, PMIs, regional tensions brewing The announcement by Egypt’s government of a raft of price hikes will help to offset the impact on the budget position from surging debt servicing costs and lay the ground for getting an improved IMF... 4th January 2024 · 7 mins read
Middle East & North Africa Economic Outlook Another year of sluggish growth Economic growth in the Middle East and North Africa will strengthen a little in 2024 but is likely to come in well below consensus expectations. OPEC+’s cautious approach to oil policy will keep a lid... 13th December 2023 · 22 mins read
Middle East & North Africa Chart Pack Middle East and North Africa Chart Pack (Nov. 2023) Our Middle East and North Africa Chart Pack has been updated with the latest data and our analysis of recent developments After a sharp slowdown this year, GDP growth across the Middle East and North... 28th November 2023 · 1 min read
Middle East & North Africa Economics Update How credible are the region’s currency pegs? Persistent balance of payments strains brought pressure on some of the region’s non-oil producing countries who employ fixed exchange rate regimes. FX reserves have been depleted to support currencies... 9th November 2023 · 3 mins read
Middle East & North Africa Chart Pack Middle East and North Africa Chart Pack (Oct. 2023) After a sharp slowdown this year, GDP growth across the Middle East and North Africa will improve in 2024 as OPEC+ starts to raise its output quotas and high oil prices allow the Gulf economies to... 24th October 2023 · 1 min read
Middle East & North Africa Economics Weekly How will the Israel-Gaza conflict affect the rest of MENA? The outbreak of conflict between Hamas and Israel this week has not yet spilled over into the wider Middle East and North Africa. But the situation is in flux and, if Iran were to be pulled into the... 12th October 2023 · 8 mins read
Middle East & North Africa Economic Outlook Growth prospects for 2024 improving After a sharp slowdown this year, GDP growth across the Middle East and North Africa will improve in 2024 as OPEC+ starts to raise its output quotas and high oil prices allow the Gulf economies to... 25th September 2023 · 20 mins read
Middle East & North Africa Chart Pack Middle East and North Africa Chart Pack (Aug. 2023) Oil output cuts are driving a sharp slowdown in economic growth across the Gulf. The hit to volumes will more than offset the rebound in oil prices but, for now at least, fiscal policy is being kept... 21st August 2023 · 1 min read
Middle East & North Africa Chart Pack Tourism’s long road to recovery The hit to tourism in the region from the COVID-19 pandemic finally appears to be over. Receipts and arrivals are now back to, or even above, seasonal norms in almost all countries. This will be... 27th June 2023 · 10 mins read