Middle East & North Africa Rapid Response PMIs (Aug. 2024) August’s batch of PMIs showed a slightly more positive outturn for the Gulf’s private non-oil sectors, but there was better news from Egypt where its PMI rose back above the 50-mark for the first time... 3rd September 2024 · 2 mins read
Middle East & North Africa Chart Pack Middle East and North Africa Chart Pack (Aug. '24) Our latest Middle East and North Africa Chart Pack has been updated to reflect the latest data and developments in the region. Growth in the Gulf economies is likely to pick up in the coming quarters... 28th August 2024 · 1 min read
Middle East & North Africa Economics Weekly The global market turmoil and the impact on MENA Financial markets in the Middle East weren’t spared from the global sell-off earlier in the week. There could be a macro impact on the Gulf economies through the fall in oil prices, either via lower... 8th August 2024 · 7 mins read
Middle East & North Africa Chart Pack Middle East and North Africa Chart Pack (July 2024) Our MENA Chart Pack has been updated with the latest data and our analysis of recent developments. Growth in the Gulf economies is likely to pick up in the coming quarters, particularly as oil output... 29th July 2024 · 1 min read
Middle East & North Africa Economics Weekly Egypt’s cabinet reshuffle, PMIs, Oman income tax Egypt’s cabinet reshuffle gave the government a facelift, but it doesn’t look like there will be any U-turns on policymaking – and particularly the fiscal consolidation path. Meanwhile, the batch of... 4th July 2024 · 8 mins read
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 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 Rapid Response Middle East & North Africa PMIs (May ‘24) May’s batch of PMIs showed that private non-oil sectors have remained a point of strength in the Gulf economies at the mid-point of Q2 and this is likely to remain the case over the rest of this year... 4th June 2024 · 2 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 Saudi-US pact nears, MENA bond issuances, Iran election Reports that the US and Saudi Arabia are nearing to a grand deal on security and the Kingdom’s civilian nuclear program would, if confirmed, swing the Kingdom back towards the US’s sphere of influence... 23rd May 2024 · 6 mins read
Middle East & North Africa Economics Weekly UAE ups the ante with OPEC, review of April’s PMIs The UAE has raised its oil production capacity even further in a sign that it wants to raise actual output. But with rumours growing that OPEC+ may extend its current low oil output quotas beyond June... 9th May 2024 · 7 mins read
Middle East & North Africa Chart Pack Middle East and North Africa Chart Pack (Apr. 2024) The escalation of the conflict between Israel and Iran has largely been shrugged off by the oil market and risk premia in the Gulf remain low. Even so, growth will remain weak in the Gulf this year... 24th April 2024 · 1 min read
Middle East & North Africa Economics Weekly Iran-Israel tensions, Gulf floods, Egypt’s preliminary budget The ratcheting up of tensions between Iran and Israel has raised concerns about a broader regional conflict. For now, it seems unlikely that the Gulf states will get drawn in unless there is a serious... 18th April 2024 · 6 mins read
Middle East & North Africa Rapid Response Middle East & North Africa PMIs (March 2024) March's batch of PMIs showed that the Gulf economies continued to outperform those elsewhere, and have enjoyed a strong start to 2024. 3rd April 2024 · 2 mins read
Middle East & North Africa Chart Pack Middle East and North Africa Chart Pack (Mar. 2024) The past month has seen Egypt’s economic crisis turn around with the devaluation of the pound, aggressive interest rate hike, and unlocking of a new IMF deal. There have been false dawns before, but... 27th March 2024 · 1 min 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
