SCB Economic Update
Egypt: The proof of the pudding is in the eating
- Mubarak wins presidential election as widely anticipated...Reforms have accelerated dramatically under new government...Telecom and bank asset sales crucial indicator of commitment to reform
- Egypt: Thursday, September 15 - 2005 at 12:33 |
UAE: Double-digit growth seen in 2005
- Three factors are driving growth in the UAE: rising oil prices, efforts to raise oil production and diversification efforts. This should push UAE growth to 10% in 2005. In 2006, the first factor will likely dissipate, but growth is still likely to hit 7% on the other two factors. Inflation is increasingly becoming a concern.
- United Arab Emirates: Monday, September 05 - 2005 at 12:37 |
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 revenues. A low VAT rate would be a positive step for fiscal reform and is unlikely to hurt competitiveness
- Monday, August 15 - 2005 at 10:54 |
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, and additional monetary policy tightening in 2005-2006.
- Monday, August 08 - 2005 at 16:59 |
Economic impact from Saudi Arabia's succession
- Saudi Arabia's longest serving monarch, King Fahd, passed away after a prolonged period of ill health. Crown Prince Abdullah was appointed as the new King. His quick appointment should reassure markets and is positive for reform prospects.
- Saturday, August 06 - 2005 at 10:06 |
Sharm el Sheikh attacks threaten Egypt's recovery
- The Red Sea resort was hit by Egypt's worst terrorist attack. Daniel Hanna assesses the economic impact, given the importance of the tourism industry to the economy.
- Tuesday, July 26 - 2005 at 11:19 |
China's Currency: Gradual, Flexible and Sensible
- Thursday's announcement by the Chinese to appreciate the CNY and to introduce greater flexibility is good news. It is good news for the Chinese economy. And it is good news for the global economy. Dr Gerard Lyons, Standard Chartered's Chief Economist, looks at the economic and market implications.
- Friday, July 22 - 2005 at 17:29 |
Lebanon: now for the hard part
- Lebanon's new government has been formed. The country's medium term economic prospects will depend largely on whether it can improve the security situation, tackle the country's large public debt and reinvigorate the reform process.
- Wednesday, July 20 - 2005 at 14:37
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