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Gulf boycott raises Lebanon economic risks

Location:

GULF STATES/LEBANON

They have failed to convene cabinet for more than a month amid a row over how to resolve a break in diplomatic relations with former Gulf allies. Measures taken by Saudi Arabia…

Doha prepares to counter destabilisation efforts

Location:

QATAR

QATAR: Doha prepares for destabilisation efforts

India’s Gulf ties will face setbacks in the near term

Location:

INDIA

Indian nationals are struggling to maintain jobs in the Middle East as GCC states contend with historically low oil prices as well as the economic fallout of the pandemic. Gulf…

COVID-19 and oil shocks raise Gulf recession risks

Location:

GULF STATES

Lower oil and gas revenues are the major transmission channel of the global crisis to regional economies, but tourism, financial and professional services are also taking a major…

UAE airlines face multiple and growing challenges

Location:

UNITED ARAB EMIRATES

The renewed dispute with US competitors adds to the increasingly strong headwinds faced by airlines in the United Arab Emirates (UAE) after a decade of rapid growth. Higher fuel…

Israel ties could fundamentally change Gulf structures

Location:

GULF STATES/ISRAEL

Bahrain also joined the ‘Abraham Accords’ in late 2020, while Sudan and Morocco promised to follow suit.

Gulf investors offer Egypt’s finances temporary relief

Location:

EGYPT

Earlier, Cairo had announced plans to raise finance by selling off state-owned assets. It is seeking to cover deficits that are increasing rapidly because of the global commodity…

Latin America food exports to Gulf will expand further

Location:

LATIN AMERICA/GULF STATES

The GCC imports around 85% of the food its member countries consume domestically, and the share of Latin American products as a proportion of the GCC’s total food imports has…

Coronavirus puts Egypt tourism and remittances at risk

Location:

EGYPT

Coronavirus economic impact.

Virus may force Egypt to turn to external support

Location:

EGYPT

Egypt has already suffered severe economic impact, with tourism closed down and portfolio investment in full flight. The government has imposed a partial lockdown, while allowing…