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 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 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

Middle East & North Africa Chart Pack

Middle East and North Africa Chart Pack (Aug. 2023)

Oil output cuts are driving a sharp slowdown in economic growth across the Gulf. The hit to volumes will more than offset the rebound in oil prices but, for now at least, fiscal policy is being kept...

21st August 2023 · 1 min read

Middle East & North Africa Chart Pack

Middle East and North Africa Chart Pack (July 2023)

This new Chart Pack has been designed to replace our Chart Book in response to client feedback to make our insights more accessible, and with more options to incorporate them into your workflow. Use...

12th July 2023 · 1 min read

Middle East & North Africa Chart Pack

Tourism’s long road to recovery

The hit to tourism in the region from the COVID-19 pandemic finally appears to be over. Receipts and arrivals are now back to, or even above, seasonal norms in almost all countries. This will be...

27th June 2023 · 10 mins read

Middle East & North Africa Chart Pack

Gulf growth slowing

The flash Q1 GDP figures for Saudi Arabia showed the economy grew at its weakest pace in two years at the start of 2023, reflecting the cut in oil production in line with the OPEC+ decision in October...

24th May 2023 · 12 mins read

Middle East & North Africa Chart Pack

IMF deals in choppy waters

Balance of payments strains have prompted Egypt, Morocco and Tunisia to turn to the IMF over the past six months or so, but agreements in Egypt and Tunisia are faltering. The IMF postponed its first...

26th April 2023 · 12 mins read

Middle East & North Africa Chart Pack

Is the door closing for fiscal loosening in the Gulf?

One of the main channels through which the Gulf countries are exposed to worries about the health of the global banking system in through energy markets, with the price of Brent crude falling by 13%...

24th March 2023 · 11 mins read

Middle East & North Africa Chart Pack

Gulf slowdown underway

After a stellar performance for most of 2022, the Gulf economies are slowing. Primarily, that has reflected the impact of oil production cuts agreed with the rest of OPEC+ which is weighing on growth...

23rd February 2023 · 14 mins read

Middle East & North Africa Chart Pack

Egypt: benefits of a weaker currency emerging

The further falls in the Egyptian pound over the past month will push up inflation and prompt the central bank to deliver more monetary tightening, but there are already signs that the benefits of a...

31st January 2023 · 13 mins read

Middle East & North Africa Chart Pack

Door still open for fiscal loosening in the Gulf

The slide in the price of oil since November has a little further to go in early 2023 and, while we think prices will recover later in the year, hydrocarbon revenues in the Gulf will be lower than...

21st December 2022 · 10 mins read

Middle East & North Africa Chart Pack

North Africa turns to IMF to ease external strains

Economies across North Africa have endured severe balance of payments strains this year and governments in Egypt and Tunisia finally secured staff-level agreements with the IMF over the past month...

23rd November 2022 · 10 mins read

Middle East & North Africa Chart Pack

Oil output cuts to drive sharper Gulf slowdown

OPEC+ cut its oil production quotas by 2mn bpd in November and strong compliance with the agreement will hit GDP growth in the Gulf economies harder than other members of the group. The result is that...

26th October 2022 · 10 mins read

Middle East & North Africa Chart Pack

Egypt: the pound, central bank, and the IMF

The Egyptian pound has continued to weaken as the central bank has taken tentative steps towards a more flexible exchange rate, and we think that the currency needs to weaken further to address the...

29th September 2022 · 14 mins read