Economy

In yet another example of the Kingdom's poor human rights record, US based Human Rights Watch (HRW) has hit out at Nukhba House of Medical Services over a pay dispute that has left... 2008-06-20

Although the government's budget surplus will expand in 2008 to hit 18.6% of GDP - on the back of a jump in oil revenues and slower expenditure growth - we expect the surplus to narrow... 2008-06-20

BMI View: In spite of ongoing equity weakness, portfolio investors are continuing to take advantage of Saudi Arabia's attractive investment climate. Meanwhile foreign direct investment... 2008-06-16

BMI View: Yemen's economy has been badly impacted by global economic trends, and even high oil prices can provide only a temporary palliative, although the prospect of liquefied natural... 2008-06-12

BMI View: Despite some success last year in curbing inflation, Sana'a has few monetary tools at its disposal to contain the latest bout of inflationary

BMI View: The fiscal situation will worsen as the government raises spending to deal with the economic crisis and Sana'a needs to secure new sources of revenue to ease the

BMI View: We expect Saudi Arabia to record steady real GDP growth rates over the coming years, on the back of increasing oil production and high oil prices. The non-oil sector, notably... 2008-06-12

Export bans in key food exporting countries are forcing Middle Eastern governments to look for new sources of food supply. We therefore expect Gulf investments in agricultural land... 2008-06-12

BMI View: Although our 11.2% real GDP growth forecast for 2008 will be largely driven by a jump in oil prices and production, we expect growth to average 6.9% over the coming years... 2008-06-09

We continue to see accelerating inflation as the Iran's key macroeconomic challenge, after recent figures released by the Central Bank of Iran noted that consumer price inflation... 2008-06-09