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More Gulf bank mergers likely, within national borders

Location:

GULF STATES

After a decade of stasis, consolidation in the Gulf Cooperation Council (GCC) banking sector has grown to fever pitch, with rumours about new combinations emerging on an almost…

Some Gulf banks may need to consolidate

Location:

GULF STATES

His statement contrasts with broader regional trends. The six states of the Gulf Cooperation Council (GCC) have been overbanked for many years, but buoyant economies provided a…

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…

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…

Turkey-Europe economic and business ties will weaken

Location:

TURKEY

That represented a 1.9-percentage-point (pp) rise in import share and a 0.4-pp fall in export share. Turkey's economic and commercial ties with Europe (EU and non-EU) are strong…

Prospects for emerging economies to end-2017

Location:

PROSPECTS H2 2017

Prospects for emerging economies to end-2017.

Next-generation Gulf monarchs will set new rules

Location:

GULF STATES

This brings in different perspectives on issues such as economic diversification, social liberalism, Israel and the role of the Gulf Cooperation Council (GCC).

Jordan’s economic stability will hinge on foreign aid

Location:

JORDAN

This comes as an austerity drive, including a controversial law to expand income tax coverage, has sparked the most serious protests the kingdom has faced since the 2011 Arab…

US-Middle East alignment unlikely

Location:

UNITED STATES/MIDDLE EAST

He will meet Israeli and Palestinian leaders and top officials from Gulf Cooperation Council (GCC) members Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates…

Doha disagreement delineates Saudi-Iranian rivalry

Location:

INTERNATIONAL

Many producers, facing budgetary pressures because of low oil prices, support output restraint, but they need to act in concert. Russia and Saudi Arabia have offered a freeze…