Category: Pricing & Markets
Middle East Pricing & Markets
-
Macro - Country Economic Forecasts - Oman
... to be driven by non-energy sectors, after a strong pickup of 4.6% in H1, despite a deeply negative contribution from accommodation and food services. We think non-energy sector growth will average 2.8% next year, while ... Read More
-
Macro - Country Economic Forecasts - United Arab Emirates
... has delayed a planned supply increase until early next year in reaction to the weak oil demand outlook and production growth outside of OPEC+. Given the sluggish demand outlook means oil prices will likely remain ... Read More
-
Macro - Country Economic Forecasts - Kuwait
... growth forecast down to a 1.9% contraction from 0.5% previously. We attribute our revision primarily to the changes in measurement scopes rather than a shift in our view. In fact, we now project even stronger ... Read More
-
Macro - Country Economic Forecasts - Iran, Islamic Rep.
... Forecasts - Iran, Islamic Rep. We've upgraded our FY2024 GDP growth forecast for Iran by 0.1ppt to 3.0%, on stronger-than-expected oil production and exports. Still, this is a marked slowdown from 5.0% growth in FY2023. Read More
-
Macro - Country Economic Forecasts - Iraq
... expansionary fiscal policy. But we've lowered our forecast for 2025 to 2.8% from 3.6%, to reflect the recent extension of the voluntary 220 tb/d cut, pledged until the end of November. We expect Iraq will ... Read More
-
Analysis by Region - Emerging Markets - Iran
... to slow in 2024 due to reduced oil exports and fixed investment. Growth is projected to slow in FY2024 to 2.9%, hindered by tighter sanctions affecting oil production and a decline in the non-oil sector. Read More
-
Analysis by Region - Emerging Markets - Kuwait
Analysis by Region - Emerging Markets - Kuwait Industrial production (manufacturing, extraction and utilities) is forecast to lag economic growth in 2024, increasing by 0.3%, picking up to 1.9% growth in 2025. Read More
-
Analysis by Region - Emerging Markets - United Arab Emirates
Analysis by Region - Emerging Markets - United Arab Emirates Industrial production (manufacturing, extraction and utilities) is forecast to outpace economic growth in 2024, increasing by 4.1%, picking up to 5.8% growth in 2025. Read More
-
Analysis by Region - Emerging Markets - Saudi Arabia
Analysis by Region - Emerging Markets - Saudi Arabia Industrial production (manufacturing, extraction and utilities) is forecast to lag economic growth in 2024, falling by 0.3%, picking up to 9.7% growth in 2025. Read More
-
Analysis by Region - MENA - Saudi Arabia
... by a 5.4% y/y rise in non-oil activities last year, growth expanded by 3.9% y/y in Q1 2023. Oil activities were also 1.4% y/y higher in Q1, while government activities were much stronger than in ... Read More
-
Middle East and Africa (MEA) Renewable Energy Policy Handbook, 2023 Update
... analysis specialist. The report covers 8 major countries in the Middle East and Africa region - Algeria, Egypt, Iran, Kuwait, Nigeria, Saudi Arabia, South Africa, and United Arab Emirates. The report offers comprehensive information on ... Read More
-
Macro - Country Economic Forecasts - Iraq
... opportunities through offering production and exploration licenses in H2 2023. So far, it's kept its promise to stick to oil cuts, reducing oil production from 4.42 mb/d in January to 4.37 mb/d, hovering around the ... Read More
-
Macro - Country Economic Forecasts - Saudi Arabia
... of senior ministers to Davos, where it was praised by the World Economic Forum's president for its recent reform agenda. At the meeting, Saudi ministers indicated an accelerated increase in oil production by OPEC+ was not to be expected and the government may use higher oil revenues to lower VAT back to 5% from 15%. Read More
-
Macro - Country Economic Forecasts - United Arab Emirates
... the economic transformation of the UAE. His successor, Sheikh Mohamed bin Zayed Al Nahyan, has been heavily involved in the policy agenda in recent years, so we expect continuity in the ambitious and impressive reforms. Read More
-
Macro - Country Economic Forecasts - Kuwait
... oil prices and increasing oil production are also helping economic growth. But there are downside risks to the economic outlook from a distressed labor market, fiscal consolidation, slow progress on reforms, and worries about short-term ... Read More
-
Macro - Country Economic Forecasts - Saudi Arabia
... 3.3% last year, higher than our estimate of 2.4%, and we now forecast 3.9% growth in 2022. We expect 2.1% growth in the non-oil sector this year and a 12.5% rise in the oil sector. Read More
-
Qatar Projects, H1 2022 - Outlook of Major Projects in Qatar - MEED Insights
... rising regional star thanks to the country’s upswell in activity over the past 12 months. This was led by the $13bn award in early 2021 for the construction contract on the new LNG processing trains ... Read More
-
Saudi Arabia Power Market- Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... 2021-2026, reaching around 110 GW by 2026, up from 96 GW in 2019. The COVID-19 pandemic caused a negative impact on the market, as several activities in power projects, including the T&D sector, were postponed ... Read More
Research Assistance
