Middle East & North Africa Economic Outlook Strengthening growth and shifting alignments The Middle East and North Africa is set to record its fastest pace of GDP growth (outside the post-pandemic recovery) since 2011 next year. Continued oil output hikes and the switch on of Qatar’s... 4th December 2025 · 22 mins read
Middle East & North Africa Chart Pack Middle East & North Africa Chart Pack (Nov. '25) Our Middle East & North Africa Chart Pack has been updated with our latest forecasts and calls to reflect key developments across the region. We expect the Middle East and North Africa to record very... 20th November 2025 · 1 min 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
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 Update Qatar’s weak bank lending to persist Qatar has experienced a multi-year slowdown in credit growth and, in contrast to the past decade or so, lending is now expanding at a weaker pace than in the rest of the Gulf. We expect domestic... 23rd October 2025 · 4 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 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
Emerging Markets Economics Update Fiscal realities now biting in some major oil producers The 2026 budgets announced in Russia and Saudi Arabia in the past week point to significant fiscal tightening following declines in oil revenues and budget blowouts this year. Pressures for fiscal... 2nd October 2025 · 4 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 Fed and the Gulf, Saudi’s GBI inclusion, BAM meeting Central banks in the Gulf followed the Fed by cutting interest rates by 25bp, but the backdrop of lower oil prices is likely to temper the impact of looser monetary policy on credit growth. Meanwhile... 18th 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 · 19 mins read
Middle East & North Africa Rapid Response Middle East & North Africa PMIs (Aug. ‘25) The whole economy PMIs for August strengthened a little in the Gulf states, though the surveys still suggest that activity private non-oil sectors has softened in Q3. Elsewhere, while Egypt’s PMI fell... 3rd September 2025 · 2 mins read
Middle East & North Africa Chart Pack Middle East & North Africa Chart Pack (Aug. ’25) Our Middle East & North Africa Chart Pack has been updated with the latest data and our analysis of recent developments. Oil prices have fallen back in the wake of the Israel-Iran ceasefire and, with... 22nd August 2025 · 1 min read
Middle East & North Africa Rapid Response Middle East & North Africa PMIs (Aug. ’25) July’s batch of whole economy PMIs were soft across the Gulf as fiscal policy becomes less supportive of non-oil sectors. Elsewhere, Egypt’s economic recovery has continued to strengthen, supported by... 5th August 2025 · 2 mins read
Middle East & North Africa Chart Pack Middle East and North Africa Chart Pack (Jul. '25) Our Middle East & North Africa Chart Pack has been updated with the latest data and our analysis of recent developments. Oil prices have fallen back in the wake of the Israel-Iran ceasefire and, with... 22nd July 2025 · 1 min read
