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Gulf states’ austerity will hit foreign workers

Location:

GULF STATES

GCC austerity squeezing foreign workers.

Saudi foreign policy will prioritise US ties

Location:

SAUDI ARABIA

Saudi media has pushed back strongly, but the accusations threaten to reinforce US distrust of the crown prince, centred on the 2018 murder of journalist Jamal Khashoggi. Riyadh…

Economic goals of Dubai and Abu Dhabi will diverge

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UNITED ARAB EMIRATES

Despite its promotion of an innovation ecosystem to attract start-ups, Abu Dhabi has overall made little progress in addressing the impact of the clean-energy transition on…

Morocco is rolling back press freedoms

Location:

MOROCCO

They were charged with engaging in premarital sex and getting an abortion. The case has become a national and even an international cause, with human rights organisations…

New Saudi visa rules will struggle to spur investment

Location:

SAUDI ARABIA

New residency rules in Saudi Arabia.

Continued Algeria protests may trigger deeper conflict

Location:

ALGERIA

The move came after hundreds of thousands of protestors demonstrated across the country for three weeks against Bouteflika’s intention to run for re-election despite his poor…

New higher education policies will hurt Iranian women

Location:

IRAN

The prominent role of women during the large-scale Mahsa Amini protests of 2022, and the subsequent battle that has raged over the wearing of the hijab (female Islamic dress code…

Tax rates are set to increase in Morocco

Location:

MOROCCO

The increases include the withdrawal of some tax breaks that had been available in special investment zones. The budget is aimed primarily at reining in the fiscal deficit, after…

Turkey’s stock market is set to be highly volatile

Location:

TURKEY

Local investors have used Turkey’s stock market as a hedge against the country’s runaway inflation and government attempts to 'lira-ise' the economy. The market's strong…

Politics will exacerbate Lebanon’s economic crises

Location:

LEBANON

Lebanon also only has a caretaker government with restricted powers, at a time when the economy has contracted for four consecutive years. A staff-level IMF package worth USD3bn…