Middle East & North Africa Economics Weekly Ras el Hekma deal, Qatar’s LNG expansion boost The deal in which Abu Dhabi’s sovereign wealth fund, ADQ, will invest $35bn in the Ras el-Hekma project will provide much needed foreign currency inflows for Egypt’s economy. But, even with this... 29th February 2024 · 7 mins read
Middle East & North Africa Chart Pack Middle East and North Africa Chart Pack (Feb. 2024) Our Middle East and North Africa Chart Pack has been updated with the latest data and our analysis of recent developments. Economic growth in the Middle East and North Africa will strengthen a little... 26th February 2024 · 1 min 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 Update PMIs: Gulf a bright spot, Israel-Hamas war weighs on Egypt January’s batch of PMIs showed that activity across non-hydrocarbon sectors in the Gulf eased a touch at the start of the year, but activity remains robust and will support the broader economic... 5th February 2024 · 3 mins read
Middle East & North Africa Chart Pack Middle East and North Africa Chart Pack (Jan. 2024) Our Middle East and North Africa Chart Pack has been updated with the latest data and our analysis of recent developments. Economic growth in the Middle East and North Africa will strengthen a little... 30th January 2024 · 1 min 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 Economics Weekly Suez Canal & al-Sisi re-elected, Kuwait’s Emir, Qatar budget Houthi attacks on cargo ships in the Red Sea have already caused traffic through the Suez Canal to fall, which will put a dent in Egypt’s revenues and could intensify the country’s external strains... 21st December 2023 · 6 mins read
Middle East & North Africa Chart Pack Middle East and North Africa Chart Pack (Dec. 2023) Our Middle East and North Africa Chart Pack has been updated with the latest data and our analysis of recent developments. Economic growth in the Middle East and North Africa will strengthen a little... 18th December 2023 · 1 min 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 Rapid Response November PMIs The batch of PMIs for November from the Middle East and North Africa showed that non-hydrocarbon private sectors in the Gulf have sustained strong momentum at the end of 2023. Elsewhere, while there... 5th December 2023 · 3 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 Israel-Hamas and Egypt, Qatar LNG, Saudi inflation Reports over the past week suggest that Egypt may be trying to leverage its role in the Israel-Gaza conflict to receive financial support. However, this would not address the fundamental issues behind... 19th October 2023 · 6 mins read
Middle East & North Africa Rapid Response PMIs (Sep. 23) The September release of PMIs for the Middle East and North Africa showed that activity in non-oil private sectors in the Gulf economies remained strong up at the end of Q3, and this is likely to... 3rd October 2023 · 3 mins read
Middle East & North Africa Chart Pack Middle East & North Africa Chart Pack (Sep. 23) 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... 28th September 2023 · 1 min read