Economy

Despite latest data from the Central Bank of Egypt (CBE) showing consumer price inflation in Egypt continuing to trend higher, we maintain our view that interest rates are likely to... 2011-04-11

We forecast consumer price inflation in Jordan to come in at 5.5% y-o-y in 2011, up from 5.1% in 2010. Higher global commodity prices will feed through into higher consumer prices,... 2011-03-28

According to the central bank, Egypt's stock of official foreign currency reserves fell to US$33.3bn in February from US$36.0bn at the start of the year. We believe the political crisis... 2011-03-24

According to latest data, consumer price inflation in Lebanon came in at 4.6% y-o-y in December, up from 4.3% a month prior. With global commodity prices expected to continue trending... 2011-03-24

The outlook across the Levant looks increasingly fragile, as unprecedented unrest sweeping across the Middle East and North Africa (MENA) results in a fundamental reassessment of risk... 2011-03-10

We believe that strong private consumption coupled with an increase in government spending will bolster Jordan's economy in 2011. Despite tensions in the MENA region having escalated... 2011-03-10

The medium-term outlook for Lebanon's economy remains relatively sanguine, with BMI forecasting real GDP to expand 5.5% this year, following an estimated expansion of 8.2% in 2010.... 2011-03-08

Consumer price inflation in Egypt has continued to trend higher at the start of 2011, with latest data from the central bank showing prices increasing 10.8% y-o-y in January, up from... 2011-02-28

The deterioration in Israel's trade dynamics, particularly the drop in goods exports, will result in a narrowing of the current account surplus over the medium term, which we forecast... 2011-02-25

We believe Syria's emphasis on infrastructure development will help to keep real GDP growth stable in the 4-5% range over the medium term. Furthermore, the uptick in government subsidies... 2011-02-25