Economy
Saudi Arabia
We expect real GDP growth to push higher in 2008 and 2009, to come in around 4.0% and 4.3% respectively, on the back of non-oil sector expansion, increasing oil production and a jump...
2008-07-22Iran
We are forecasting real GDP growth of 5.0% and 4.6% for 2008 and 2009 respectively, as high oil prices will ensure adequate fiscal revenues and oil export earnings.
2008-07-22Iran
BMI View: International sanctions are continuing to overshadow the Iranian economy, and while we expect economic growth to hold up above 3.5% over the forecast period, there are now...
2008-07-09Iran
BMI View: We are forecasting annual real GDP growth of 4.1% by 2012, and 3.3% by 2017, on the back of slowing oil production growth, a long-term easing in oil prices and economic...
2008-07-08United Arab Emirates
We are forecasting UAE export revenues to hit US$272bn in 2008, on the back of rising oil receipts for Abu Dhabi (which controls the bulk of the country's oil reserves). Dubai has...
2008-06-27United Arab Emirates
High oil prices will drive the UAE's current account surplus skywards in 2008. The balance will ease in 2009 and 2010 as energy prices fall back, although growth in non-oil sales...
2008-06-23Iran
Recent months has seen some extraordinary moves in the Iranian Rial, as the government looked to have intervened to halt the unit's long-held depreciatory crawl, and instead support...
2008-06-20Qatar
Real GDP growth is set to jump in 2008 to hit 11.2%, up from an estimated 5.5% in 2007, on the back of a jump in oil production, a rapid rise in oil prices and strong growth in the...
2008-06-20
