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Saudi economic reform will be gradual

Location:

SAUDI ARABIA

The government has recently taken some modest steps to rein in the budget deficit, including cuts in energy subsidies, and has promised to improve disclosure of its fiscal…

Prospects for North Africa in 2023

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PROSPECTS 2023

Inflation, debt and unemployment are recurrent themes across the region, even in energy exporters Libya and Algeria, which are enjoying elevated revenues from high energy prices…

Dubai will draw in investment through share offerings

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UNITED ARAB EMIRATES

On the same day, its new USD450mn desalination project, publicised as the most sustainable in the region, was reported to be on track for completion. DEWA, the emirate’s principal…

Algeria aims to put its finances on a sustainable path

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ALGERIA

The prime minister and finance minister, Aymane Benabderrahmane, has loaded some substantive policy reforms into the 2022 budget law, including a provision for reform of the…

Morocco will struggle to address regional disparities

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MOROCCO

This speech reiterated sentiments from the one he delivered on July 30 marking his 20 years in power, in which he highlighted the need to reduce inequality, create more jobs and…

Budget deficit may prompt Egypt to return to IMF

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EGYPT

Egypt's budget deficit woes.

Egypt's living standards will come under more pressure

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EGYPT

The target is highly optimistic. A recent upturn in headline growth reflects improved terms of trade and better performance in export-oriented sectors, notably tourism and…

Saudi Aramco will double down on digitisation efforts

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SAUDI ARABIA

The Infosys agreement is among a series of other deals Aramco has signed in the digital sphere so far in 2023, underlining its intention to accelerate its digital transformation…

Prospects for the Middle East in the second quarter

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PROSPECTS Q2 2015

Prospects for the Middle East in the second quarter.

Structural barriers will hold back Tunisian economy

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TUNISIA

He also said that he would not resign despite pressure from political parties for him to do so. The poor performance of the economy has been a key driver of the political crisis…