Economy

Kuwait's Development Plan announced in 2010 will boost economic growth through a gradual pick-up in the non-hydrocarbon sector over the coming years. While government spending will... 2011-03-29

The effect of subsidy cuts in Iran has finally begun to be reflected in official inflation data, and we maintain our view that the continuation of the subsidy reform programme, which... 2011-03-28

Along with Qatar, the UAE may be one of the only economies to benefit from the current regional political crisis. In the first instance, the spike higher in oil prices will undoubtedly... 2011-03-28

Consumer price inflation in Bahrain remains relatively subdued according to latest data from the Central Informatics Organization, coming in at only 0.9% y-o-y in January. While elevated... 2011-03-24

In a relatively rare televised address on March 18, Saudi Arabia's King Abdullah announced an unprecedented US$93bn stimulus program which includes the promise to create jobs and clamp... 2011-03-21

On the back of our projection of rising oil prices in 2011, we revise Yemen's 2011 fiscal deficit forecast to 2.0% of GDP from 2.6% previously (compared to 3.8% estimated for 2010).... 2011-03-15

The announcement in early March that the federal government of the UAE is to invest US$1.6bn towards improving infrastructure in the less developed northern emirates (which include... 2011-03-10

Despite the weak performance of Saudi Arabia's banking sector in 2010, we are confident that a recovery will occur throughout 2011, and forecast asset growth to pick up and come in... 2011-03-01

We forecast Kuwaiti banking sector asset growth in Kuwait to expand by 7.0% in 2011, from 3.7% recorded in 2010, but still far from pre-2009 crisis levels (asset growth averaged 28.7%... 2011-03-01

Despite rising during the second half of 2010, we are expecting Omani inflation to moderate during 2011. Consumer price inflation hit a recent peak of 4.2% y-o-y in September, driven... 2011-03-01