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Iraq’s three-year budget will promote state capture

Location:

IRAQ

Parliament on June 12 approved a three-year budget mandating record high expenditure, including an increased public sector wage bill that accounts for a large proportion of…

Manama will struggle to vary its investor offering

Location:

BAHRAIN

The Economic Development Board (EDB), the country’s investment promotion agency, announced in March that its ‘golden licence’ scheme of incentives for local and foreign investors…

Investment will be slow to replace aid in Jordan

Location:

JORDAN

JORDAN: Investment will be slow to replace aid

Nigeria’s foreign currency supply will grow slowly

Location:

NIGERIA

The move has resulted in official rates depreciating sharply and converging with the parallel market rate; the spread has narrowed to just 16%. The change in policy means that the…

Algeria will seek to assuage investors' fears

Location:

ALGERIA

ALGERIA: Government will seek to reassure investors

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…

Algeria will tightly control private enterprise

Location:

ALGERIA

Since his 2019 election, the president has introduced reforms to attract foreign investment, albeit only to a handful of sectors. The president remains opposed to opening the…

Saudi capital spending allocations are on the rise

Location:

SAUDI ARABIA

However, because of the large surplus of 2.5% recorded in that year, Riyadh’s public debt is only about 25% of GDP, providing the government and the country’s sovereign wealth…

Rabat’s maritime sector will help geopolitical aims

Location:

MOROCCO

Existing conditions facilitate this: the country's open economy is highly dependent on foreign trade, it enjoys access to Mediterranean and Atlantic routes and ongoing…

Saudi presence in the Balkans could grow

Location:

SAUDI ARABIA

Recent engagement with Montenegro is testimony to this, reflecting Saudi religious and economic interests in the region. Traditionally, Turkey enjoyed influence in the Balkans…