Recovery hangs in balance

Arabia Monitor Monthly
March 2022 Monthly

As oil prices surge to around USD 100 pb, and Russia continues with its invasion of Ukraine, we are reminded that even the steadiest of recoveries can be derailed. This month, we look at the latest indices as the MENA region strives to achieve its growth targets. We look specifically at how: 

  • Despite parliamentary efforts to ease the financial crisis, Lebanon continues to struggle under the weight of inflation, corruption and persistent security threats.

  • Saudi Arabia continues to lead the region as it prepares to deliver its 2030 vision; nonetheless the timely delivery of its plans and projects is pivotal for their success.

  • As Libya struggles with a smooth electoral handover, deepening political fissures will trigger unrest on the ground.

  • The UAE and India have signed a comprehensive bilateral trade agreement set to provide significant benefits to both countries.

 

Leila Lajevardi, Lara Harfoush, Yasmina Zamel, 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.

To access this report, please click here.

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