New rules on residency visas are just part of the 50 economic initiativesannounced by the UAE to celebrate its golden jubilee. The measures include

Saudi Arabia’s GDP rose 1.5% y/y in Q2 according to the flash estimate. This was mainly driven by a boost from non-oil activity, which increased...

The PMIs for Saudi Arabia, the UAE and Qatar all remained in expansionaryterritory in July at 55.8, 54.0 and 52.2 respectively. Both the UAE and...

OPEC+ negotiations to raise oil production in the coming months are indeadlock as the UAE opposed an extension of the deal beyond the current end...

Oil producers in the OPEC+ alliance agreed on Tuesday to stick to the gradual easing of supply curbs through July, as they looked to balance an...

The April PMIs for both Saudi Arabia and the UAE remained in expansionaryterritory, at 55.2 and 52.7 respectively. Continued recovery from the...

Reflecting recent positive developments, we think the MPC will vote unanimously to keep policy on hold in its May meeting. It will likely also push

PMIs for March remained in positive territory across the GCC but showed nonoil growth at a varying pace in the countries. Qatar and the UAE saw...

The Chancellor’s ‘spend now, pay later’ Budget delayed the pain of dealing with Covid’s fiscal cost. In the near-term, extending support schemes...