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IMF calls Lebanon’s amended bank resolution law a “major step” as the World Bank pencils in a 6.4% contraction
Implementation risk and the yet-to-be-passed law regulating depositors’ refunds could still derail the possibility of a rescue package
Regional central banks are in a synchronized rate hold
Egypt, Turkey, Tunisia, and the GCC all sat on their hands this month. The Fed’s September decision will decide if…
July ceasefire gave the region’s private sector its best month since spring
The rebound tracks a ceasefire that no longer exists, which makes August figures important to watch
IMF and World Bank endorse Syria’s fiscal reforms as recovery gathers pace
The IMF sees growth hitting double digits this year and the World Bank is rewarding Damascus’ reforms with bigger grants
Six months of Hormuz disruption pushes Saudi into contraction, Iraq toward late salaries, and Egypt back to tariff hikes
A strait that was supposed to reopen by summer is forcing hard fiscal math across the region, and no government…
Anti-corruption drives in Lebanon and Iraq reach the powerful, but reform is a long road ahead
Lebanon rearrested the former governor of the central bank, whereas Iraq continues to retrieve cash and assets from detained officials
Moody’s turns negative on the whole MENA region as Hormuz disruption reshapes the credit map
Fiscal buffers’ health separates the sovereigns that ride this out from the ones that don’t
The Palestinian economy is being squeezed on three fronts as Israeli banks prepare to cut ties
Ninety percent of Palestinian trade runs through two Israeli banks — both plan to cut Palestinian lenders loose by October
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