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Middle East subsidy cuts will evoke mixed reactions

Location:

MIDDLE EAST

Fuel subsidy cuts in the Middle East and North Africa.

Gulf oil dependency poses long-term stability risk

Location:

GULF STATES

Diversification outlook in the GCC.

Prospects for the global economy in the third quarter

Location:

PROSPECTS Q3 2015

Prospects for the global economy in the third quarter.

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…

Israel may miss climate targets, despite rising risk

Location:

ISRAEL

Public environmental awareness is relatively poor, though a February oil spill affecting beaches was a wake-up call. Green issues are also not a national political priority. Ahead…

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…

Uzbekistan will seek more Chinese investment

Location:

UZBEKISTAN

In late January, Uzbek President Shavkat Mirziyoyev paid a state visit to China to seek greater investment and trade opportunities. Mirziyoyev’s visit is the culmination of years…

Egypt will aim to balance Russia and the West

Location:

EGYPT

Russia is a valuable ally for Egypt. Apart from building the nuclear power plant, it is an important source of wheat, weapons and tourists. The war in Ukraine and the antagonism…

Green bond issuance will gradually grow in the Gulf

Location:

GULF STATES

Meanwhile, in the United Arab Emirates (UAE), a surge in green issuance from Emirati banks highlights the growth in a debt market that can help fund efforts to mitigate and adapt…

Philippine leader faces tough challenge on prices

Location:

PHILIPPINES

The fall appears linked to public discontent over elevated inflation, which has clouded the country's economic outlook. Meanwhile, the government is moving slower than it…