Middle East & North Africa Economics Weekly MENA Weekly: OPEC+ and Trump, Egypt’s debt issuance President Trump’s call for OPEC+ to “bring down the cost of oil” is unlikely to change the outcome of group’s meeting on Monday; it is likely to stick to plans to gradually raise oil output from April... 30th January 2025 · 7 mins read
Event Drop-In: Egypt one year on – A progress report on the big policy shift 1741258800 March 6 will mark one year since Egypt embarked on a dramatic shift back to orthodox policymaking. So far, the authorities have stuck to most of their pledges.
Middle East & North Africa Economics Update Egypt’s economy set for a strong rebound Egypt’s economy has struggled over the past year due to the effects of a weak pound, high inflation, and tighter fiscal and monetary policy, but there have been signs recently that a recovery is... 22nd January 2025 · 2 mins read
Middle East & North Africa Economics Weekly MENA Weekly: Ceasefire in Gaza, Egypt’s fiscal future The provisional ceasefire deal in Gaza, subject to final approval from both sides (which Israel's PM Netanyahu has called into question today), could mark a major de-escalatory step. For the... 16th January 2025 · 7 mins read
Middle East & North Africa Chart Pack Middle East & North Africa Chart Pack (Jan. '25) Our Middle East & North Africa Chart Pack has b een updated with the latest data and our analysis of recent developments. GDP growth in the Middle East and North Africa will accelerate in 2025 on the... 15th January 2025 · 0 mins read
Middle East & North Africa Economics Weekly Saudi debt issuance, Egypt-IMF, Lebanon’s new president Saudi Arabia kicked off the year with bumper international debt issuance and, with foreign investment remaining weak and budget deficits likely to persist, the government’s reliance on capital markets... 9th January 2025 · 7 mins read
Middle East & North Africa Rapid Response Egypt Consumer Prices (Dec. 2024) Egypt’s headline inflation rate slowed from 25.5% y/y in November to 24.1% y/y in December, its slowest pace in two years. With earlier falls in the pound falling out of the annual price comparison... 9th January 2025 · 2 mins read
Middle East & North Africa Economics Update Is Egypt at risk of a sudden stop? The improvement in Egypt’s macroeconomic stability since March’s policy shift has resulted in a surge in capital inflows on a similar scale to that which followed the 2016 devaluation. But if signs... 8th January 2025 · 5 mins read
Emerging Markets Economics Update EM sovereign debt risks: not just a Brazil problem Brazil’s public finances have been in the headlines for all the wrong reasons over the past month. But while an extreme case, the combination of a large budget deficit and limited political will to... 7th January 2025 · 4 mins read
Middle East & North Africa Rapid Response PMIs (Dec. 2024) December’s batch of PMIs declined for the most part across the Gulf but we doubt that the strength of non-oil activity will be sustained in 2025, particularly in Saudi Arabia and Kuwait. Elsewhere... 6th January 2025 · 2 mins read
Middle East & North Africa Economic Outlook Growth to strengthen as Gulf opens up the oil taps GDP growth in the Middle East and North Africa will accelerate in 2025 on the back of higher oil production in the Gulf. The UAE will be the Gulf’s top performing economy and, elsewhere, we expect... 11th December 2024 · 22 mins read
Middle East & North Africa Rapid Response Egypt Consumer Prices (Nov. 2024) Egypt’s headline inflation rate slowed from 26.5% y/y in October to 25.5% y/y in November and, with falls in the pound starting to fall out of the annual price comparison and global food and energy... 10th December 2024 · 2 mins read
Middle East & North Africa Rapid Response PMIs (Nov. 2024) November’s batch of PMIs showed an increase all of the Gulf economies, although there remained some underlying signs that non-oil activity is softening. Elsewhere, Egypt’s PMI improved a touch as... 3rd December 2024 · 2 mins read
Middle East & North Africa Chart Pack Middle East & North Africa Chart Pack (Nov. 24) Our Middle East & North Africa Economics Chart Pack has been updated with the latest data and our analysis of recent developments. Headline GDP growth in the Gulf economies will strengthen in 2025 as... 27th November 2024 · 1 min read
Middle East & North Africa Economics Weekly Egypt’s privatisation drive, Saudi’s geopolitical tug of war With Egypt’s macroeconomic stability restored, officials are starting to turn their attention to longer term reforms and number one on the list appears to be reinvigorating the stalled privatisation... 21st November 2024 · 6 mins read
Middle East & North Africa Economics Weekly Egypt inflation and CBE meeting, US Middle East policy The increase in Egyptian inflation in October all but rules out an interest rate cut before the end of the year. But we continue to think a fall in inflation early next year will allow a loosening... 14th November 2024 · 7 mins read
