Middle East & North Africa Economic Outlook Turning the corner Growth across the Middle East and North Africa has slowed further this year, but it should recover in 2018 and 2019. In the Gulf, the drag on GDP growth from this year’s oil production cuts will fade... 5th October 2017 · 1 min read
Middle East & North Africa Economic Outlook Regional slowdown approaching a trough The slowdown in the Middle East and North Africa should bottom out in the second half of this year and growth is likely to strengthen in 2018-19. In the Gulf, the hit to headline GDP growth from OPEC... 5th July 2017 · 1 min read
Middle East & North Africa Economic Outlook Gulf growth to be trimmed by oil output cuts Headline GDP growth in the Gulf looks is likely to slow to an eight-year low of 1.5% in 2017. However, this will be entirely the result of oil production cuts as countries comply with last year’s OPEC... 20th March 2017 · 1 min read
Middle East & North Africa Economic Outlook On course for weakest growth since the global financial crisis The Middle East & North Africa region will struggle again next year, recording its weakest economic growth since the global financial crisis in 2009. Fiscal policy will have to be tightened in most... 12th December 2016 · 1 min read
Middle East & North Africa Economic Outlook Regional growth to stay subdued in 2017-18 The Middle East and North African economies have slowed sharply this year and growth is likely to be much weaker than the consensus expects in 2017-18. Growth in the Gulf will remain sluggish as the... 13th September 2016 · 1 min read
Middle East & North Africa Economic Outlook MENA region set for weakest growth since the 1980s This year looks set to be the toughest for the economies of the Middle East and North Africa in almost three decades. The Gulf countries will continue to tighten fiscal policy in response to low oil... 29th June 2016 · 1 min read
Middle East & North Africa Economic Outlook Gulf entering a prolonged period of weak growth The storm created by low oil prices will finally make its presence felt in the Gulf this year and we expect this to be the start of an extended period of slow growth. A wave of devaluations is highly... 23rd March 2016 · 1 min read
Middle East & North Africa Economic Outlook Cheap oil hits home The Gulf economies have weathered the storm created by the fall in oil prices well so far, but 2016 is likely to be the year in which low energy prices begin to weigh on growth. We don’t expect... 21st December 2015 · 1 min read
Middle East & North Africa Economic Outlook Reality bites Growth in the Gulf economies has held up well this year, but policymakers cannot delay the adjustment to low oil prices much longer. Tighter fiscal policy looms. Large savings and low debt levels mean... 29th September 2015 · 1 min read
Middle East & North Africa Economic Outlook Gulf countries weathering the storm, but growth to weaken The Gulf economies have weathered the storm created by low oil prices relatively well this year, with foreign exchange reserves having been drawn down to sustain spending. Large savings mean that this... 15th June 2015 · 1 min read
Middle East & North Africa Economic Outlook Gulf set for weaker growth, North Africa to outperform The fall in oil prices has led to a sharp reversal of fortunes in the Middle East and North Africa. Fears of steep falls in output in the Gulf are overdone, but growth will weaken in the coming years... 12th February 2015 · 1 min read
Middle East & North Africa Economic Outlook Gulf entering an era of softer growth as oil boom fades The sharp slide in oil prices since the summer won’t cause a major headache for the Gulf States, but it does reinforce the point that these economies are set to lose some steam over the coming years... 6th November 2014 · 1 min read
Middle East & North Africa Economic Outlook North Africa getting back on its feet Three years on from the “Arab Spring” uprisings, the tide is turning in favour of the economies of North Africa. Admittedly, there are still many challenges, not least reining in large twin current... 31st July 2014 · 1 min read
Middle East & North Africa Economic Outlook Outlook brightens in North Africa, but Gulf growth to slow After a torrid few years, the outlook for the North African economies is brightening. Political tensions are easing and the provision of external financial support has shored up balance of payments... 23rd April 2014 · 1 min read
Middle East & North Africa Economic Outlook Non-oil economies to see growth converge with the Gulf Following a tumultuous three years since the Arab Spring uprisings, we expect a recovery to finally get underway in the MENA region’s non-oil producers over the next year or so. Growth should be... 23rd January 2014 · 1 min read
Middle East & North Africa Economic Outlook Non-oil economies set for recovery The MENA region’s non-oil economies remain fragile, but a recovery of sorts is likely over the next year. In Egypt, growth will be supported by the government’s Gulf-funded stimulus package, while... 17th October 2013 · 1 min read
