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Russia will target expanded BRICS for grain exports

Location:

RUSSIA

The entry into BRICS of Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates (UAE) -- all major importers of grain -- gives Russia an opportunity permanently to…

Middle East and North Africa will lead tourist rebound

Location:

MIDDLE EAST/NORTH AFRICA

The Middle East has been a key market in the post-pandemic rebound in global tourism, boosted by one-off events in the Gulf Cooperation Council (GCC) in 2022. GCC states are…

Asian summits highlight contrasting trajectories

Location:

ASIA

Indonesia hosted the 43rd ASEAN summit and related events, including the 18th East Asia Summit (EAS). India held its first-ever G20 summit. ASEAN’s chairmanship now passes to…

Pakistan faces long struggle to strengthen economy

Location:

PAKISTAN

The staff-level agreement on the package was announced on June 29, the day before an Extended Fund Facility (EFF) arrangement which Pakistan had with the IMF expired with around…

Prospects for MENA green energy transition to 2030

Location:

PROSPECTS 2030

High oil and gas prices have incentivised Middle Eastern and North African (MENA) hydrocarbon importers to accelerate their renewables build-outs, while exporters have deployed…

Diversifying Gulf economies will spur labour politics

Location:

GULF STATES

As GCC countries push for privatisation, while also nationalising the labour force, the prospect of citizens becoming increasingly willing to resort to strikes cannot be…

EU growth plan may boost Western Balkan economies

Location:

EU/BALKANS

The EU has put aside EUR6bn (USD6.4bn) to advance the inclusion of Albania, Bosnia-Hercegovina, Kosovo, Montenegro, North Macedonia and Serbia into the single market and to…

Russia will consolidate strong ties in the Gulf

Location:

RUSSIA

Russia seeks to enhance its cooperation with the Gulf Arab states to offset its diplomatic and economic isolation from the West, leveraging its status as a valued security partner…

Sanctions will reduce Russia’s oil exports eventually

Location:

RUSSIA

In June 2022, Russia booked almost twice the revenue (USD20.4bn) from such exports. Declining oil income poses a serious challenge to the administration of President Vladimir…

Foreign firms' influx will accelerate Saudi change

Location:

SAUDI ARABIA

Without this, companies will not be awarded any government contract worth more than SAR1mn (around USD220,000). To date, the government has issued 162 regional headquarters…