Cloudy summer in MENA

Arabia Monitor Monthly
Egypt dam

COVID-19 and the regional economic contraction are putting governments to the test. Political transitions and reform implementation have set the stage for potential public backlashes.

  • Oman’s financing options are expected to remain limited this year. We hope the new economic strategy put forward by Sultan Haitham bin Tariq to opens doors for revenue to counter the country's increasing deficit and sustain its dollar peg.
  • History repeats itself as Tunisia bids farewell to another prime minister, leaving the country again in a reform-delaying political power struggle.
  • Restrictions on resuming full flights to China are likely to remain in place until the end of the year, but GCC carriers may be well-placed to take advantage of their pre-pandemic role as China re-opens.

 

Florence Eid-Oakden, Ph.D, Chief Economist

Ghalia Bajali, Mingqiao Zhao & Leila Lajevardi, Analysts 

 

Arabia Monitor’s MENA Monthly publication provides a timely snapshot of most notable recent developments in the dynamic MENA region. Our analysts get past the news to deliver the core, forward looking conclusions that markets-oriented readers look for.

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