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The GCC countries have entered a period of higher interest rates - their US$ currency pegs mean regional central banks mirror US Fed hikes. Our...
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...
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...
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...
The surge in European gas and electricity prices over recent months pushed energy prices to an all-time high in August, amplifying a pickup in...
Oil prices have stabilised around $75pb following the OPEC+ deal earlier thismonth to taper production cuts starting in August. The improved outlook...
Progress in passing the Petroleum Industry Bill (PIB) and official adoption of the Nafex rate are two significant policy steps in the rights...
OPEC+ countries could agree an oil output increase of 2m b/d between August and December against the backdrop of rising oil prices. But while demand...
The April PMIs for both Saudi Arabia and the UAE remained in expansionaryterritory, at 55.2 and 52.7 respectively. Continued recovery from the...
In line with trends seen across the GCC, the twin shock of the coronaviruspandemic and low oil prices has put extra pressure on an already strained...
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