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...