Blog | 15 Feb 2024

MENA – Latest Trends

Scott Livermore

Chief Economist, Oxford Economics Middle East, and Managing Director

dubai - middle east


Keep up with the latest regional trends

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Our blog will allow you to keep abreast of all the latest regional developments and trends as we share with you a selection of our latest economic analysis and forecasts. To provide you with the most insightful and incisive reports we combine our global expertise in forecasting and analysis with the local knowledge of our team of economists.

Our most recent MENA webinar

Event

Middle East: Non-energy sectors on track to power 2024 recovery

The negative impact of oil output cuts on the GCC outlook looks set to extend into 2024. However, growth will improve on this year thanks to thriving non-energy sectors. We outline reasons for optimism against the backdrop of domestic and external headwinds.

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Event

Global scenarios – Middle East escalation

This webinar examines the key insights from our latest Global Scenarios Service. We examine the risks posed by an escalation of the Israel-Hamas war, as well as the potential fall-out from increased China-Taiwan tensions and a period of higher for longer interest rates. We also highlight the latest findings from our regular Global Risk Surveys.

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Our MENA blog

New cruise deployment trends emerging one month into the Middle East conflict

One month into the Israeli-Palestinian conflict, cruise operators have responded swiftly to geopolitical disturbances in the Middle East by modifying or cancelling itineraries.

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Oil rig
Economy Middle East: Navigating the GCC economic landscape amid challenging changes

Scott Livermore, Chief Economist and Managing Director at Oxford Economics, delves into the repercussions of oil cuts in the region and what can be done to mitigate them.

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Middle East escalation would pose mild recession risk

Our latest scenario analysis suggests that the global economy would falter in the event of an escalation of the Israel-Hamas war that severely disrupted the global supply of oil. But assuming the disruption was not protracted, we think any global recession would be mild and fleeting even if oil prices reached $150pb.

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Assessing the potential impacts of the GCC Unified Visa

The GCC countries have approved a unified tourism visa system which aims to boost tourism and economic diversification across the region. The new system should come into effect in 2024 or 2025 having been announced at the recent GCC meeting in Muscat.

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Our latest videos

MENA in a Minute

MENA Chart of the Week

Get in touch

Matthew Pritchard

Head of Business Development, Middle East

+971 50 867 3560

Matthew Pritchard

Head of Business Development, Middle East

Dubai, United Arab Emirates

Matthew heads-up the subscriptions sales team in the Middle East and is responsible for strategic and commercial activities across the region. He joined the team in 2021 and is based in our Dubai office. Prior to joining Oxford Economics, Matthew was a Sales Director at Fitch Solutions covering business development across the Middle East having moved to Dubai from London to help set-up their UAE office in 2015. Matthew holds a Master’s degree in Management (with a speciality in International Business) and a Batchelor’s degree in Philosophy, both from the University of Sheffield.

Scott Livermore

Chief Economist, Oxford Economics Middle East, and Managing Director

+971 504 039 455

Scott Livermore

Chief Economist, Oxford Economics Middle East, and Managing Director

London, United Kingdom

Scott Livermore is the Chief Economist of Oxford Economics Middle East and based in Oxford’s Dubai office. He is also Managing Director of Consultancy in the Middle East and Asia, as well as a member of Oxford Economics’ Senior Management Team. Scott leads many of the major projects in the GCC and Asia which have recently included capacity building, macroeconomic modelling, and policy impact assessment engagements for government institutions in the UAE, Saudi Arabia, Kuwait, and Oman, and IFRS 9 and Stress Testing engagements in Singapore, Thailand, and Hong Kong.

After completing a degree in Philosophy, Politics and Economics at St. Edmund Hall, Oxford University, and an MSc in Economics at University College London, Scott joined Oxford Economic Forecasting in 1997. During his initial five years at OEF, he worked as a country analyst for a number of European countries and participated in numerous consultancy projects for a variety of international organisations, governments and multinational companies using both Oxford Economics’ Global Economic Model and bespoke economic models.

Scott rejoined Oxford Economics in 2005 as a senior economist after spending two years at the Ministry of Finance in the Slovak Republic assisting with the government’s medium-term macroeconomic framework and developing the analytical capacity of the ministry to prepare such forecasts. He has also held the positions of Managing Director of Macro and Industry Services, Managing Director of Macro Consulting, and COO of Oxford Economics USA.

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