Amid deadlock within OPEC+, speculation is rising that Saudi Arabia and the UAE have reached a compromise over production quotas, after the UAE...

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...

Bahrain locked down again on 27th May after a surge in new Covid-19 cases, despite having one of the world's highest vaccination rates and the...

Saudi Arabia’s GDP fell 3.0% y/y in Q1 according to newly released data, slightly less than preliminary estimates suggested. The decline was...

A series of bond sales across the GCC have taken place. Saudi Aramco isselling its first dollar-dominated Islamic bonds in three tranches. The...

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...

Over the past week, there has been a series of announcements about plans in the GCC to ease lockdown and travel restrictions. These include Dubai...

Saudi GDP fell 3.3% y/y in Q1 according to flash estimates, slightly weaker than we had expected. The decline was driven by oil output cuts, while...

Climate change is an increasingly important issue in the GCC region and is receiving a sharper focus in growth and diversification plans in...

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