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Iraq and UAE hold sovereign credit ratings
Deep foreign reserves carried both — but only the UAE's balance sheet fully offsets the hit to GDP
Morocco tops African industrial rankings as 2025 GDP growth accelerates
The rankings have long been dominated by South Africa
Libya’s coffers could be up for a possible boost by 2H 2027 as Ras Lanuf Refinery gears for resumed operations
Resumed refining activity in Libya’s largest refinery is set to slash its hefty fuel imports bill
The war in the Gulf has brought misery to GCC and Levant operators — and made winners out of Egypt and Morocco
As tourism revenues plummeted in the GCC, Gulf travelers helped Egypt and Morocco pull off big surge of bookings
Turkey may finally raise rates as FX defenses run thin
JP Morgan now sees Ankara raising interest rates by 300 bps at its upcoming monetary policy committee meeting
Dubai and Doha roll out new stimulus packages to support the private sector amid fallout from the war
Dubai’s AED 1.5 bn package primarily targets tourism and hospitality
Even without the oil windfall, Oman shrank its budget deficit
Accounting methods mean that oil revenues are typically only reflected in the fiscal picture months after the sales are made
Tunisia’s strongest FDI year in a decade won’t be enough to fix its structural problems
Without the buffer of tourism and cheap energy that saved it last time, Tunisia will have to face its deep…
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