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Oman’s green hydrogen sector will grow over the decade

Location:

OMAN

Oman has a long pipeline of green hydrogen projects and the clearest strategy in the Gulf for the industry’s development. It aims to have 30 gigawatts of electrolyser capacity by…

Despite political headwinds, Qatar’s economy will grow

Location:

QATAR

The fall, which is likely to prove temporary, broke a rising trend. Despite the freeze in relations between Doha and its neighbours, sizeable foreign assets have alleviated…

Jordan will struggle to attract investors and more aid

Location:

JORDAN

However, Jordan continues to receive ongoing donor support and is beginning to make progress on some structural weaknesses, such as energy imports and poor tax collection, while…

Prospects for the Gulf states in 2022

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PROSPECTS 2022

Prospects for the Gulf states in 2022.

Gulf economies are on a stable track despite risks

Location:

GULF STATES

The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…

COVID-19 and oil shocks raise Gulf recession risks

Location:

GULF STATES

Lower oil and gas revenues are the major transmission channel of the global crisis to regional economies, but tourism, financial and professional services are also taking a major…

Qatar will lean on core LNG strength post-boycott

Location:

QATAR

Qatar is putting a massive planned liquefied natural gas (LNG) hike at the centre of its next phase of economic growth. This comes as relations with Gulf neighbours improve, and…

Prospects for the Gulf states in 2020

Location:

PROSPECTS 2020

Prospects for the Gulf states in 2020.

Oman and Bahrain are the most vulnerable Gulf states

Location:

BAHRAIN/OMAN

Oman and Bahrain, already struggling with rising public debt levels and high fiscal deficits, are in the most exposed medium-term position.

Qatar will regain confidence as a regional player

Location:

QATAR

Since the sudden end of the three-and-a-half-year ‘Quartet’ boycott in January, Doha has stepped up efforts to normalise relations with formerly hostile Arab countries. It is also…