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Middle East export growth will be slow

Location:

MIDDLE EAST

Regional trade performance.

Prospects for the Gulf states in 2022

Location:

PROSPECTS 2022

Prospects for the Gulf states in 2022.

Saudi and wider Gulf renewables push will face hurdles

Location:

SAUDI ARABIA/ GULF STATES

Energy subsidies are a major blockage to wider adoption of renewable energy in the Gulf Cooperation Council (GCC), where pricing bids have recently broken world records. The low…

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…

Prospects for Middle Eastern oil economies to end-2022

Location:

PROSPECTS H2 2022

Prospects for Middle Eastern oil economy to end-2022.

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…

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…

The Gulf will take on the energy transition challenge

Location:

GULF STATES

The zero-carbon fuel, promoted as a way to assist a global energy transition away from oil and gas, is the focus of major planned projects in Oman and Saudi Arabia. Meanwhile…

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.

High oil prices improve Bahrain’s economic outlook

Location:

BAHRAIN

Bahrain’s economic prospects have improved dramatically following the surge in world commodity prices in recent months. Strong oil and aluminium revenues have boosted the fiscal…