In the media | 08 Dec 2022
DubaiEye: Bitesize Business Breakfast
Scott Livermore, Chief UAE Economist at Oxford Economics joins DubaiEye to discuss projections for the UAE economy and they have a look at the new PMI numbers for the UAE that show a softening of the non-oil private sector.
Listen to the full interview below:
To download our latest reports for the Middle East, please check Resource Hub – Oxford Economics.
Tags:
You may be interested in
Post
MENA -Can Saudi Arabia’s Economic Growth Keep Inflation in Check?
In August, Israel’s inflation rose to 3.6%, while Saudi Arabia’s edged up to 1.6%. Despite this, Saudi Arabia’s economic outlook is positive, with S&P Global noting progress under Vision 2030 and expecting 5% growth in non-oil sectors this year. Economic reforms aim to balance inflationary pressures.
Find Out MorePost
MENA -Egypt Faces Inflation Surge, While Turkey Secures Credit Upgrade
Egypt's inflation unexpectedly rose to 26.2% in August after five months of easing. The rise was driven by transportation prices which surged following cuts to fuel subsidies. We think the recent electricity price hikes will sustain upward pressure on inflation in the near-term, but still see it closing the year near 24%. The rise in inflation strengthens the odds that the central bank of Egypt will keep interest rates on hold until Q1 2025.
Find Out MorePost
MENA – Economic Slowdown in Turkey, While GCC Shows Mixed Signals
The Turkish economy slowed markedly to 2.5% year-on-year in Q2 2024, down from 5.3% in Q1, falling short of both our and market expectations.
Find Out More