Economy

BMI View: The current account will turn to deficit in 2009, and widen over the coming years, but remain manageable.

BMI View: Egypt seems committed to taking steps to counter the challenges posed by the global economic slowdown, but the growth outlook has certainly worsened, and we do not see the... 2008-10-10

Israeli exports were up by 23.5% y-o-y in June 2008, suggesting that the export sector has not yet felt the impact of US economic woes. We believe that export growth will start to... 2008-09-26

BMI View: Any improvements in perceptions of government accountability, either in the Duweiqa rock-slide tragedy or the Suzanne Tamim case, would be good news. In the mean time, however,... 2008-09-26

Net foreign direct investment in Turkey totalled US$7.5bn over the first seven months of the year, down markedly from the US$12.6bn and US$9.4bn net inflows recorded over the same... 2008-09-23

We have raised our year-end interest rate forecast to 4.25% on the back of a higher than expected inflation reading in August. We now see the headline interest rate remaining at its... 2008-09-16

BMI View: A fiscal surplus is possible this year, with the H108 hike in oil export earnings delivering an increase to state revenues. But more needs to be done on the supply side... 2008-09-11

Real GDP growth will slow over the coming years as household and government consumption expands less rapidly. While the government is set to reduce its budget deficits, foreign direct... 2008-08-13

BMI View: Syria is in for a broad-based economic slowdown (but not a recession), unless it strikes a peace deal with Israel, opening the way for rapprochement with the international... 2008-08-12

BMI View: The outlook has brightened considerably since our last Business Forecast Report, and we have revised up our real GDP growth forecasts accordingly.