The GCC countries have entered a period of higher interest rates - their US$ currency pegs mean regional central banks mirror US Fed hikes. Our...
MENA | Commodity price shock is a mixed blessing for MENA
Posted by Maya Senussi on Mar 14, 2022
Russia's invasion of Ukraine and the evolving global response will be felt in the MENA economies mainly via the impact on commodity prices. Fuel...
Eurozone | EU faces tough trade-offs to phase out Russian gas
Posted by Daniel Kral on Mar 11, 2022
Following Russia's attack on Ukraine, the EU Commission has accelerated plans to phaseout Russian gas, with a two-thirds cut this year. To offset the...
Africa | Ripple effects of a Russia-Ukraine war
Posted by Callee Davis on Mar 3, 2022
The Russia-Ukraine war is set to have implications for economies across the globe and African markets won’t be spared. Trade disruptions and soaring...
Africa | Who will ride the oil price tailwinds?
Posted by Petro van Eck on Mar 1, 2022
Crude oil prices breached the $100pb threshold on February 24 as news broke that Russia invaded Ukraine. Geopolitical tensions, tight oil markets and...
Middle Eastern Cities: The long-term outlook
Posted by George Bowen on Jan 31, 2022
In 2021, there were 16 Urban Economic Powerhouses in the world (cities with GDP greater than $500bn), but none were located in the Middle East. By...
Russia | Geneva stalemate isn’t an endgame
Posted by Tatiana Orlova on Jan 14, 2022
This week’s talks between Russia, on one side, and on the other the US, NATO and the Organisation of Security and Cooperation in Europe (OSCE), have...
MENA | Key themes 2022: GCC starts the year on a firm footing
Posted by Maya Senussi on Dec 16, 2021
The Gulf Cooperation Council (GCC) will be one of only two major regions globally (the other being ASEAN) to grow faster – at above 5% – in 2022...
MENA | Regional PMIs, Saudi revenues rise, OPEC+ talks
Posted by John Payne on Nov 4, 2021
The non-oil PMIs for the UAE, Saudi Arabia and Qatar remained in expansionary territory in October, a run that has continued for 11, 14 and 16 months...