Middle East & North Africa Data Response Saudi Arabia HSBC/Markit PMI (Mar.) March’s PMI data show that domestic demand is still driving growth in Saudi Arabia’s non-oil private sector; new export orders are growing but at a slower pace than overall new orders. 5th April 2011 · 1 min read
Middle East & North Africa Economics Update The economic implications of Saudi Arabia's latest stimulus The scale of Friday’s announced fiscal boost in Saudi Arabia will have significant medium-term economic implications for the Middle East region. Admittedly, the direct beneficiaries will be Saudi... 21st March 2011 · 1 min read
Middle East & North Africa Economics Update Why is the Bahrain crisis so important for the Middle East? The deteriorating political situation in Bahrain may have very serious economic consequences for the Middle East and North Africa (MENA) region. Admittedly, the country’s economy is minor and it... 15th March 2011 · 1 min read
Middle East & North Africa Chart Pack Political unrest overshadows strong recovery A strong economic performance in 2010 did not help ease the political pressures on Middle Eastern countries. Perhaps the economic recovery has actually contributed to the feelings of injustice as many... 8th March 2011 · 1 min read
Middle East & North Africa Data Response Saudi Arabia HSBC/Markit PMI (Feb.) February’s PMI data show that Saudi Arabia’s non-oil private sector continues growing at a rapid pace. However, production costs are increasing more rapidly than output prices, which suggests that... 7th March 2011 · 1 min read
Middle East & North Africa Economics Update Will Saudi Arabia's latest stimulus be enough? Saudi Arabia’s latest fiscal boost is important but not the only reason why the country is unlikely to face civil unrest soon. In fact, much of the $36 billion announced yesterday was already part of... 24th February 2011 · 1 min read
Middle East & North Africa Economics Update Middle Eastern states still need Western allies At first glance, the West looks set to be amongst the biggest losers from the political turmoil hitting the Arab world. The toppled regimes in Egypt and Tunisia were staunch Western allies. The same... 22nd February 2011 · 1 min read
Middle East & North Africa Data Response Saudi Arabia HSBC/Markit PMI (Jan.) January’s PMI data shows that Saudi Arabia’s non-oil private sector continues its strong growth trend. The index rose from 61.3 in December to 63.8 in January. This puts the index at its highest value... 7th February 2011 · 1 min read
Middle East & North Africa Economics Update Is Saudi Arabia next? Events in Egypt are unfolding quickly and further political change looks inevitable. An orderly transition of power is still possible and would ensure that the current disruption to markets in the... 2nd February 2011 · 1 min read
