Middle East / Africa
United Arab Emirates’s budget will return a surplus
The cabinet approved a record federal budget for 2025
United Arab EmiratesNigeria petrol price hikes may help stabilise NNPCL
The state-owned NNPCL oil company has abandoned its position as exclusive purchaser from Dangote Refinery
NigeriaEthiopia’s Tigray tensions may come to the boil
The two duelling factions in Tigray are now openly contesting the regional government
EthiopiaRussia will seek to shape Iran’s Middle East actions
President Vladimir Putin is set to meet Iranian President Masoud Pezeshkian in Turkmenistan on Friday
RussiaLebanon’s economy could contract by one-quarter
The World Bank is looking to release up to USD100mn in emergency funding
LebanonMorocco will push back against European court ruling
The European Court of Justice has decided against an EU trade agreement with Morocco
MoroccoBahrain’s economy will grow more slowly in 2024
Economic activity slowed in the second quarter as the oil sector contracted sharply
BahrainSall may struggle to beat Pastef in Senegal election
Former President Macky Sall will head the opposition list for the upcoming legislative election
Senegal
