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Oman's gas sector will be prioritised over oil

Location:

OMAN

Foreign investment in the last decade has helped to raise gas output and stabilise oil production, but the prospects for major new oil discoveries are slim. As its foreign markets…

China will focus on Middle East energy, not politics

Location:

MIDDLE EAST/CHINA

A significant proportion of imports come from the Middle East, where security-driven supply risks -- and Saudi Arabia’s production restraint -- are also helping to drive up oil…

Gulf states will not abandon dollar peg in medium term

Location:

GULF STATES

Gulf currency pegs.

Budget deficit may prompt Egypt to return to IMF

Location:

EGYPT

Egypt's budget deficit woes.

Prospects for Middle Eastern oil economies to end-2022

Location:

PROSPECTS H2 2022

Prospects for Middle Eastern oil economy to end-2022.

Kuwait faces imminent oil capacity constraints

Location:

KUWAIT

Capacity has fallen by around 15% over the past four years and is below the country’s official OPEC baseline. COVID-19 and difficult executive-legislative relations in 2020-21…

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…

Middle East and North Africa wheat supply challenges

Location:

MIDDLE EAST/NORTH AFRICA

The war in Ukraine threatens supply of important commodities to the Middle East and North Africa. The region is highly reliant on Russia and Ukraine for wheat and barley, with…

Kuwait’s economic reform plans will face challenges

Location:

KUWAIT

Kuwait’s sixth government in two years took office in October pledging to accelerate the slow reform of an economy that is overwhelmingly dominated by the state’s spending of…

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…