Search results

Syria's ruler will seek to ride out economic protests

Location:

SYRIA

The demonstrations were triggered by Assad’s mid-August announcement of big fuel price increases, only partly mitigated by rises in salaries and pensions. However, they have been…

Oman’s green hydrogen sector will grow over the decade

Location:

OMAN

Oman has a long pipeline of green hydrogen projects and the clearest strategy in the Gulf for the industry’s development. It aims to have 30 gigawatts of electrolyser capacity by…

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…

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…

Jordan will struggle to attract investors and more aid

Location:

JORDAN

However, Jordan continues to receive ongoing donor support and is beginning to make progress on some structural weaknesses, such as energy imports and poor tax collection, while…

Prospects for the Gulf states in 2022

Location:

PROSPECTS 2022

Prospects for the Gulf states in 2022.

Saudi Arabia will lead Gulf funds’ inward focus shift

Location:

GULF STATES

This echoed the strategy of the sovereign wealth funds of Gulf Cooperation Council (GCC) states after the 2008 global financial crisis, but there are several key differences: GCC…

US-China competition will create Middle East dilemmas

Location:

MIDDLE EAST

The Middle East has long been polarised between US allies and enemies, while Beijing has historically retained a comparatively smaller footprint and rejected taking sides in…

Financing shortfall will push Oman to uneasy austerity

Location:

OMAN

A fiscal crunch exacerbated by the pandemic and associated oil-price crash has forced the authorities to step up long-term ‘Omanisation’ efforts, ultimately taking pressure off…

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…