Middle East & North Africa Economics Update Jordan’s tourism sector hit hard by spillovers of war Jordan’s economy has been among the hardest hit from the indirect spillovers of the war in Gaza. While severe balance of payments of strains are likely to be avoided, GDP growth will suffer as the key... 14th August 2024 · 4 mins read
Middle East & North Africa Chart Pack Middle East and North Africa Chart Pack (July 2024) Our MENA Chart Pack has been updated with the latest data and our analysis of recent developments. Growth in the Gulf economies is likely to pick up in the coming quarters, particularly as oil output... 29th July 2024 · 1 min read
Middle East & North Africa Chart Pack Middle East and North Africa Chart Pack (June 2024) Growth in the Gulf economies is likely to pick up in the coming quarters, particularly as oil output starts to rise from October. We think non-oil sectors will continue to grow strongly. But the... 25th June 2024 · 1 min read
Middle East & North Africa Economic Outlook GDP growth pick-up on a fragile footing Growth in the Gulf economies is likely to pick up in the coming quarters, particularly as oil output starts to rise from October. We think non-oil sectors will continue to grow strongly. But the... 18th June 2024 · 20 mins read
Middle East & North Africa Chart Pack Middle East and North Africa Chart Pack (Mar. 2024) The past month has seen Egypt’s economic crisis turn around with the devaluation of the pound, aggressive interest rate hike, and unlocking of a new IMF deal. There have been false dawns before, but... 27th March 2024 · 1 min read
Middle East & North Africa Economic Outlook A soft 2024, but faster growth around the corner Low oil output in the Gulf will constrain GDP growth over the first half of this year. But as this reverses, growth will pick up and by more than most expect. Elsewhere in Middle East and North Africa... 25th March 2024 · 20 mins read
Middle East & North Africa Chart Pack Middle East and North Africa Chart Pack (Feb. 2024) Our Middle East and North Africa Chart Pack has been updated with the latest data and our analysis of recent developments. Economic growth in the Middle East and North Africa will strengthen a little... 26th February 2024 · 1 min read
Middle East & North Africa Economics Update Israel-Hamas spillovers weigh on non-Gulf economies The main spillover to the global economy, so far, from the Israel-Hamas conflict has been major disruptions to shipping, but there has been a bigger and broader economic impact in the MENA region... 20th February 2024 · 5 mins read
Middle East & North Africa Economics Weekly Aramco’s plans, Jordan and regional conflict, Tunisia’s crisis Saudi Arabia’s government this week directed the state oil giant Aramco to suspend plans to raise oil production capacity, but this won’t necessarily stop Aramco from ramping up actual output in the... 1st February 2024 · 8 mins read
Middle East & North Africa Chart Pack Middle East and North Africa Chart Pack (Jan. 2024) Our Middle East and North Africa Chart Pack has been updated with the latest data and our analysis of recent developments. Economic growth in the Middle East and North Africa will strengthen a little... 30th January 2024 · 1 min read
Middle East & North Africa Economics Update Jordan’s economy stuck in malaise Economic growth in Jordan has been sluggish for the best part of a decade and the outlook doesn't look much brighter. While the renewed IMF programme will help to contain external strains, the Israel... 11th January 2024 · 4 mins read
Middle East & North Africa Economic Outlook Another year of sluggish growth Economic growth in the Middle East and North Africa will strengthen a little in 2024 but is likely to come in well below consensus expectations. OPEC+’s cautious approach to oil policy will keep a lid... 13th December 2023 · 22 mins read
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 Economics Update How credible are the region’s currency pegs? Persistent balance of payments strains brought pressure on some of the region’s non-oil producing countries who employ fixed exchange rate regimes. FX reserves have been depleted to support currencies... 9th November 2023 · 3 mins 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 Economic Outlook Growth prospects for 2024 improving 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... 25th September 2023 · 20 mins read