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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
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…
Higher defense + subsidy spending pushed Saudi Arabia’s widening 1Q 2026 budget deficit
The PIF followed the release of the deficit data with a new USD 7 bn bond
UAE, Qatar, and Jordan hold onto sovereign ratings
The ratings affirmations came in even as economies face slowdowns
Regional non-oil private sectors show mixed performance
Costs are spiraling for everyone — and supply chains remain snarled
PIF cuts the LIV Golf cord amid softening macroeconomic backdrop in Saudi Arabia
Hormuz disruptions dented oil-driven GDP growth
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