Last week, oil prices moderated by around 15%, as the ceasefire between Iran and Israel helped to reduce risk premiums.
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Saudi Arabia's Q1 GDP was revised upward to 3.4% year-on-year, driven by a robust 4.9% expansion in the non-oil sector.
OPEC+ is considering another 411,000 b/d output hike for July, with a decision expected on May 31. If confirmed, this...
OPEC+ announced a higher-than-expected oil production hike for June, adding 411,000 b/d to the market. This marks a pivot from...
S&P has affirmed Turkey’s BB- credit rating with a stable outlook, cautioning that recent political events could have lasting economic...
Kuwait’s inflation rate eased to 2.4% in March, while Oman’s inflation dropped to 0.5% from 1%, driven by weaker food...
Saudi Arabia’s inflation rose to 2.3% in March, its highest level since July 2023, driven mainly by a faster rise...
The US’s new 10% import tariff is unlikely to cause major disruption for GCC countries. The region sends just 3%...
In response to the lira sell-off last week, initial estimates suggest that the central bank of Turkey spent $12bn to...
Turkish annual inflation continued its downtrend in February, easing to 39.1%, the lowest since mid-2023. The monthly increase in prices...
Turkish annual inflation continued its downtrend in February, easing to 39.1%, the lowest since mid-2023. The monthly increase in prices...
Turkish annual inflation continued its downtrend in February, easing to 39.1%, the lowest since mid-2023. The monthly increase in prices...
In December 2024, Saudi Arabia's trade surplus narrowed to SAR 15.3 billion from SAR 34.8 billion due to higher imports...
Saudi Arabia’s fiscal deficit widened to 2.8% of GDP in 2024, broadly in line with our expectations. With both non-oil...
Dubai's GDP grew by 3.1% in the first nine months of 2024, driven by critical sectors such as transport, information...
Saudi Arabia’s latest PMI signals the strongest non-oil economic growth since 2014, driven by robust domestic demand.
Saudi Arabia plans to invest $600bn in the US over four years, amid 7% trade growth and rising imports. Yet,...
Israel and Hamas reached a multi-stage ceasefire agreement with the first stage becoming effective on 19th January and establishing a...
We have recently published our outlook for the GCC in 2025. The report highlights that we expect regional GDP growth...
GCC economies ended 2024 on a firm note according to December PMI surveys, with business activity rising especially strongly in...