SCB Economic Update
Egypt: Reform continues to boost sentiment
- 1) We forecast slightly weaker growth on the back of the recent terrorist attacks. 2) However, the overall outlook remains strong on the back of the privatisation program and banking reform. 3) Going forward, fiscal reform remains crucial to maintaining investor confidence. (From Monica Malik)
- Tuesday, July 04 - 2006 at 15:54 |
Middle East: This time it is different
- When talking to people about the region's prospects, you usually get extreme views. Many see the recent economic expansion as unsustainable. Others are projecting double-digit growth rates into the foreseeable future. We believe the actual outcome will be in between the two extremes.
- Middle East: Saturday, June 10 - 2006 at 10:49 |
Kuwait revaluation is not a sign of things to come
- Kuwait's decision to revalue the dinar within its current band against the USD should not be taken as a sign of things to come elsewhere in the GCC.
- Kuwait: Sunday, May 21 - 2006 at 15:07 |
Saudi Arabia: Economic boom set to continue
- Stronger oil prices and increased government spending will continue to support growth while the economic reform programme is expected to continue. (By Monica Malik)
- Saudi Arabia: Sunday, May 21 - 2006 at 11:36 |
Lebanon: Turning the corner?
- Brighter times ahead for the economy. Reform remains the key to gaining further international aid while reform program is likely to be hotly debated in political and business circles.
- Lebanon: Sunday, May 21 - 2006 at 11:29 |
Iran: High oil price masks structural imbalances
- Certain macroeconomic indicators have improved on the back of favourable external conditions, but substantial structural imbalances exist and economic management has deteriorated. (By Monica Malik
- Iran: Sunday, May 21 - 2006 at 11:21 |
Tracking Petrodollars
- The doubling of oil prices from 2002 to 2006 has created an abundance of wealth in the region. Learning from mistakes made in previous oil booms, most oil-producing nations have been more circumspect in what they will do with this windfall, both in terms of the amount of money being spent and where the funding is directed. (By Monica Malik)
- GCC: Thursday, May 04 - 2006 at 08:08 |
'D' is for diversification
- The key theme in the Middle East at the moment is diversification. There are four prongs to this; investments, FX reserves, trade and investment ties and the composition of the economies.
- Middle East: Tuesday, April 18 - 2006 at 18:57 |
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