Middle East & North Africa Economics Update Saudi Vision 2030: where do things stand with five years to go? Saudi Arabia’s Vision 2030 reform programme passed the halfway mark last year and we published an in-depth Focus evaluating the progress so far. This Update takes a fresh look at how close the... 27th August 2025 · 5 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 Economics Weekly MENA Weekly: Abdalla stays on as rate decision looms, PIF Annual Report Hassan Abdalla’s term as Egypt’s central bank governor was renewed this week which bodes well for the ongoing shift to macro orthodoxy and broader structural reform. First up on his agenda will be... 21st August 2025 · 6 mins read
Emerging Markets Economics Chart Pack Emerging Markets Chart Pack (Aug. 2025) Our View: The Q2 GDP figures out so far point to robust growth across much of the emerging world, but we think growth will soften over the second half of the year. While growth across much of Asia... 14th August 2025 · 1 min read
Middle East & North Africa Rapid Response Saudi Arabia Consumer Prices (Jul. 2025) Saudi Arabia’s headline inflation rate slowed from 2.3% y/y in June to 2.1% y/y in July, its weakest pace since February. As we flagged in a recent Focus, we think that inflation will continue to... 14th August 2025 · 2 mins read
Middle East & North Africa Economics Weekly MENA Weekly: Saudi’s austere turn, CBE Monetary Policy Report takeaways Q2 budget figures show that Saudi Arabia's deficit is on track to be larger than the full-year projections set out in the Budget. Officials are turning to fiscal consolidation (via cuts to capital... 7th August 2025 · 8 mins 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
Climate Economics Monthly Climate Monthly: UK insufficient climate spending; renewables in Saudi The UK government is set to guarantee higher prices for renewable developers to secure new generating capacity and provide electric vehicle subsidies to support the rollout. More broadly, though... 31st July 2025 · 5 mins read
Emerging Markets Financial Risk Monitor EM Financial Risk Monitor (Jul. 2025) Most EM currencies have strengthened against the dollar in recent months. Limited external vulnerabilities – our aggregate EM currency crisis risk indicator remains near multi-decade lows – have... 31st July 2025 · 1 min read
Middle East & North Africa Rapid Response Saudi Arabia GDP (Q2 2025, Flash Estimate) Saudi Arabia’s flash estimate of Q2 GDP showed that the economy grew by 2.1% q/q, an improvement on the 1.1% expansion recorded in the first quarter, largely on the back of the unwinding of oil... 31st July 2025 · 2 mins read
Middle East & North Africa Economics Weekly MENA Weekly: Saudi government debt, Egyptian pound Reports this week highlighted the recent sharp rise in Saudi government debt and, while officials are taking steps to tighten fiscal policy, we doubt that they will do enough to prevent it climbing... 24th July 2025 · 7 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
Middle East & North Africa Rapid Response Saudi Arabia Consumer & Wholesale Prices (Jun. ‘25) Saudi Arabia’s headline inflation rate edged up from 2.2% y/y in May to 2.3% y/y in June and, while it is likely to rise a little further the coming months, we think there will be a return to... 15th July 2025 · 2 mins read
Middle East & North Africa Economics Focus Why is inflation in Saudi Arabia so low? Saudi Arabia’s inflation rate has been remarkably soft relative to most of the emerging world in the post-pandemic era and we think it will slow further – and be weaker than most expect – over the... 14th July 2025 · 11 mins read
Middle East & North Africa Economics Weekly MENA Weekly: Egypt’s reform push, OPEC+ decision, Saudi real estate The delay to Egypt’s IMF review is not too concerning for the country’s balance of payments, but it underscores the difficulty of successfully achieving the goals of the privatisation drive. Elsewhere... 10th July 2025 · 7 mins read
Middle East & North Africa Economics Weekly MENA Weekly: Q1 data wrap up for Saudi Arabia and Egypt The recent deterioration in Saudi Arabia’s current account deficit is likely to continue on the back of lower oil receipts. While large FX buffers will prevent major macro strains for now, the Kingdom... 3rd July 2025 · 8 mins read
