Economy

Consumer price inflation in the UAE dropped to 1.6% year-on-year in January according to latest data from the central bank, compared to 1.7% in December. The drop in CPI was driven... 2011-02-28

BMI visited the United Arab Emirates in late February, in an attempt to gauge local sentiment and gather insight into ongoing developments in the economy's post-crisis recovery. We... 2011-02-28

We maintain our positive view on Iraq's economic growth prospects, and we project real GDP to accelerate from 4.3% in 2011 to 7.6% in 2014. While the current government, formed in December... 2011-02-25

With December's headline CPI print emerging out of deflation for the first time in 2010, we see some inflationary pressures starting to build up in Qatar in the coming months. Based... 2011-02-25

We project Qatar's economy to continue outperforming the rest of the region, and forecast 17.2% real GDP growth in 2011. With LNG exporting capacity still expanding, exports will remain... 2011-02-22

While inflation is contributing to political turmoil elsewhere in the region, Bahrain's December CPI figure came in at just 1.0% y-o-y, its lowest for three years. While higher global... 2011-01-31

The Iranian rial is set to post further losses against the greenback, and we forecast it to average IRR11,200/US$ and IRR12,600/US$ in 2011 and 2012 respectively. While the currency... 2011-01-28

We hold to our positive economic growth outlook for Saudi Arabia and project real GDP growth to come in at 3.9% in 2011 up from an estimated 3.0% in 2010, driven by stronger growth... 2011-01-28

We continue to like Qatar from a medium-term macroeconomic perspective and forecast its economy to remain among the fastest growing in the world over the coming years. To be sure, the... 2011-01-28

Despite extensive spending projects undertaken throughout 2010, we believe that Saudi Arabia's fiscal position remains strong and forecast a 9.0% budget surplus for this year, owing... 2011-01-28