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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.

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…

Jordan’s tourism hopes depend on visitor management

Location:

JORDAN

Although the large hike reflects pandemic recovery, the 940,000 tourists arriving in the first two months also significantly exceed those recorded in the last ‘normal’ year of…

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…

Severity of Israel’s downturn hinges on conflict moves

Location:

ISRAEL

Israel’s war with Hamas is taking a growing toll on the economy mainly due to labour shortages. The economy has recovered quickly from previous short wars, but this conflict…

Israel will balance new COVID-19 rules against growth

Location:

ISRAEL

Although the number of new cases has exceeded previous peaks, serious cases have not grown proportionately. Despite earlier warnings, the capacity of the country’s hospitals has…

Foreign investment recovery may disappoint in Iran

Location:

IRAN

Following the removal of sanctions last month, the government is looking to the return of foreign direct investment to kick-start an economic recovery. However, its ambitions to…

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…

Trade deals reflect new United Arab Emirates policy

Location:

UNITED ARAB EMIRATES

The UAE’s economy minister said that CEPAs already signed with India, Israel and Indonesia would add USD16bn to GDP by 2030. These agreements are central to the government's…

Kuwait’s economic reform plans will face challenges

Location:

KUWAIT

Kuwait’s sixth government in two years took office in October pledging to accelerate the slow reform of an economy that is overwhelmingly dominated by the state’s spending of…