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Qatar’s diversification plans will lag regional rivals

Location:

QATAR

PMI data indicate that the non-oil private sector continues to expand in 2023 as the government attempts to diversify its economic base away from gas dependency. Regulatory reform…

Prospects for Middle Eastern oil economies to end-2022

Location:

PROSPECTS H2 2022

Prospects for Middle Eastern oil economy to end-2022.

Bahrain’s tourism strategy will face stiff challenges

Location:

BAHRAIN

Tourism development forms a key plank of Bahrain’s long-term economic growth strategy. However, almost all its Gulf peers are pursuing the same goal, armed with often-superior…

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…

Gulf States’ SWFs will be active global investors

Location:

GULF STATES

The SWFs of the main Gulf States oil and gas producers are stepping up their investments as the countries maximise hydrocarbon revenues and diversify their economies. The SWFs are…

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…

The Gulf states will face new labour force challenges

Location:

GULF STATES

The onset of the COVID-19 pandemic hit the expatriate workforce in the Gulf Cooperative Council (GCC) disproportionally harder than nationals in the same countries. This resulted…

Electricity trade in the Middle East will grow slowly

Location:

MIDDLE EAST

Cross-border electricity trade in Middle East and North Africa (MENA) has historically been very limited, and mostly confined to quantity-based balancing and small amounts of…

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…

Israel-China ties will strengthen after trade deal

Location:

ISRAEL

Israel’s economic ties with China have flourished over the last decade. China is now Israel’s third-largest trade partner behind the EU and the United States. Since the two…