December monthly

Building a bridge to recovery

Optimism over vaccines against COVID-19 has rallied oil prices this month, with Brent crude up 14% in November to USD 46 pb.
Saudi Arabia

Saudi Arabia: Maintaining the Vision

While COVID-19 cases across Saudi Arabia have been decreasing sharply since the summer, the kingdom's economic recovery is expected to be gradual, given that downside risks continue to prevail.
UAE

UAE: Recovery requires reinvention

The UAE, like its GCC neighbours, saw its 2020 economic forecast cut sharply by a 6.6% contraction as a result of low oil prices and the COVID-19 pandemic.
Bond binge to tackle deficits

Bond binge to tackle deficits

External headwinds and an extended period of low oil prices have prompted a strong wave of debt issuance across MENA in 2020.
November monthly

Pandemic wounds healing, but scars?

While countries in our region are cautiously easing lockdown measures, the pandemic is registering a second wave. In its latest economic outlook, the IMF now forecasts that GDP in the region will fall by 4.1% this year, a 1.3% improvement on its...

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