Economy

The Saudi Arabian government is set to continue its expansionary fiscal policy throughout 2012. We expect both revenues and expenditure to comfortably exceed the allocations outlined... 2012-02-24

Bahrain's budget is set to fall deeper into deficit in 2012 as a result of elevated spending commitments and lower hydrocarbon revenues. We project the budget shortfall increasing to... 2012-02-24

Consumer price inflation in the UAE rose to a six-month high in January according to recently released data from the National Bureau of Statistics, coming in at 0.7% y-o-y, up from... 2012-02-24

With Syria's political crisis in full swing, and Yemen's former President Ali Abdullah Saleh officially leaving office on February 21, it is clear that the forces unleashed by the Arab... 2012-02-24

Qatar's foreign reserves stood at US$20.7bn in December 2011, enough to cover 5.4 months worth of imports, according to IMF estimates. Reserves have fallen by 32.6% compared to 2010,... 2012-02-23

We are projecting Iraq's economy to be the fastest growing in the Middle East and North Africa over the coming years, with surging oil production and large-scale investments into the... 2012-02-09

Saudi Arabia's growth outlook remains broadly positive. Throughout 2011, robust growth was spurred by loose fiscal and monetary policy, and we expect these conditions to persist this... 2012-02-07

We expect public expenditure in Kuwait to increase in 2012. Although government spending plans in recent years have been persistently hampered by political gridlock in parliament, we... 2012-01-31

We expect Saudi Arabia's external position to remain healthy for the foreseeable future. While moderating oil prices will shrink the trade surplus in 2012, we nevertheless forecast... 2012-01-30

We forecast headline inflation to come in at 26.3% y-o-y in 2011/12, (Iran's fiscal year ends on March 20). According to official figures, inflation currently stands at 20.6% y-o-y.... 2012-01-30