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Bahrain’s growth plan faces regional challengers

Location:

BAHRAIN

Manama exceeded its own fiscal and economic expectations in 2022, as the budget came close to balance one year earlier than targeted and real non-oil GDP surged by 6.2%, driving…

Poorer Oman may align more closely with Saudi Arabia

Location:

OMAN

The sultan this month paid his first foreign visit to Saudi Arabia, establishing institutions for ongoing cooperation. Under the previous ruler, Muscat was wary of Riyadh’s…

Cutbacks increase risk of elite infighting in Qatar

Location:

QATAR

Qatar domestic politics.

India should overcome investment downturn

Location:

INDIA

July RBI data show updated gross FDI inflows of USD71.4bn in fiscal year 2022/23 (April-March), down from USD84.8bn in 2021/22. This was the first annual fall since Prime Minister…

UAE set to lead world in renewable energy

Location:

UNITED ARAB EMIRATES

Outlook for the renewables sector.

Economic goals of Dubai and Abu Dhabi will diverge

Location:

UNITED ARAB EMIRATES

Despite its promotion of an innovation ecosystem to attract start-ups, Abu Dhabi has overall made little progress in addressing the impact of the clean-energy transition on…

China will ultimately set Gulf Arab ties above Iran

Location:

IRAN/CHINA/GULF STATES

There has been increased Western media speculation over a possible deepening of the Iran-China relationship -- and the implications for Gulf stability -- following the leaking in…

The next Omani sultan will face an economic crisis

Location:

OMAN

The ratings agency said the change reflected the erosion of Oman’s foreign reserves in a context of low oil prices. Fears are rising over the country's longer-term economic…

Thai search for investors in land bridge will be tough

Location:

THAILAND

The road-and-rail project, which could end up costing around USD30bn, would link deep-water ports on either side of the Kra Isthmus, in effect connecting the Andaman Sea and the…

Egypt's tech pioneers aspire to a global role

Location:

EGYPT

These came after leading fintech firm, Fawry, achieved ‘unicorn’ status in August 2020 with a market valuation over USD1bn, and after transportation app Swvl announced plans to…