Middle East & North Africa Chart Pack A split in regional economic performance The rapidly deteriorating political situation in Syria will undoubtedly worsen the economic conditions in the Middle East and North Africa (MENA) region. Admittedly, the country’s GDP amounted to less... 12th April 2011 · 1 min read
Global Economics Update UAE HSBC/Markit PMI (Mar.) March’s PMI data show that despite the political turmoil elsewhere in the region, the UAE’s non-oil private sector’s recovery is gaining momentum. 5th April 2011 · 1 min read
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 Data Response UAE HSBC/Markit PMI (Feb.) February’s PMI data show the UAE’s non-oil private sector’s strong start to the year continues. The index rose slightly to 54.3 in February, up from 54.2 in January. This puts it at its highest value... 3rd 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
Emerging Europe Economics Update How exposed is Turkey to the Middle East crisis? Growing concerns over unrest in the Middle East have sparked a sell-off in equity markets across the world over the past week, and Turkish stocks have been hit harder than most. Yet trade and... 24th February 2011 · 1 min read
Global Economics Update Is gold heading for a replay of 1980? One obvious beneficiary of the continuing turmoil in the Middle East and North Africa is the price of gold, which has again popped above $1,400 per oz. Indeed, there are plenty of parallels with the... 23rd 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 Economics Update What are Egypt's prospects after Mubarak? Following the resignation of President Hosni Mubarak on Friday, Egypt has only taken the first step to economic prosperity and political plurality. The work does not end with the departure of the ex... 15th February 2011 · 1 min read
Middle East & North Africa Economics Update Initial thoughts on the economic impact of the Egyptian crisis As the global fall-out from the Egyptian crisis subsides, at least for now, the local economy’s problems are only just beginning. The current regime is clearly gearing up for a fight to remain in... 8th 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 Data Response UAE HSBC/Markit PMI (Jan.) Today’s PMI data show the UAE’s non-oil private sector started the year on a positive note. The index rose from 53.0 in December last year to 54.2 in January this year. This puts the index at its... 4th February 2011 · 1 min read
