SCB Economic Update
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Tracking Petrodollars
The doubling of oil prices from 2002 to 2006 has created an abundance of wealth in the region.... Read full article »
'D' is for diversification
The key theme in the Middle East at the moment is diversification. There are four prongs to this;... Read full article »
Middle East: Preparing for Iranian sanctions?
Relations between the region's second most-populous country in the region and the international... Read full article »
Dubai's Changing Skyline II
Speculation about a crash in property prices is rife. We doubt this will occur and even if it... Read full article »
Qatar: Diversification efforts real, but hidden
Expansion of hydrocarbon related activity dominates headlines - Economy to double in size by 2010... Read full article »
Egypt: Politics unlikely to get in way of reform
Muslim Brotherhood electoral gains unlikely to get in the way of reform - Privatisation program... Read full article »
Bahrain: Competition to increase
- High oil prices and diversification should be beneficial to growth outlook - Increased... Read full article »
Confidence is Key
UN report on Hariri assassination to increase scrutiny on both Syrian/Lebanese Presidents, Assad... Read full article »
GCC: Growth to peak in 2005
Gulf experiencing unprecedented economic expansion...Asset price growth an increasing concern...... Read full article »
GCC: Full steam ahead to monetary union
Central banks reaffirm the terms for setting up of single currency in 2010: Ability to meet... Read full article »
Egypt: The proof of the pudding is in the eating
Mubarak wins presidential election as widely anticipated... Reforms have accelerated... Read full article »
UAE: Double-digit growth seen in 2005
Three factors are driving growth in the UAE: rising oil prices, efforts to raise oil production... Read full article »
Taxes to rise despite record oil revenues
We expect the GCC to implement a value added tax over the medium term despite current record oil... Read full article »
US Outlook - higher growth, more Fed tightening, weaker dollar
We outline the fine-tuning of our US economic forecasts based on higher growth, higher inflation,... Read full article »
Economic impact from Saudi Arabia's succession
Saudi Arabia's longest serving monarch, King Fahd, passed away after a prolonged period of ill... Read full article »
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