ME/NAF
Egypt will signal commitment to IMF policy conditions
The government reaffirmed its intention to remove all fuel subsidies, but gradually
EgyptNetanyahu’s speech does little for Israel’s divisions
The prime minister strongly defended Israel’s record in Gaza during his fourth address to the US Congress
IsraelKuwait will face challenges funding its fiscal deficit
Kuwait’s fiscal account fell into deficit in fiscal year 2023/24
KuwaitChinese investment in the Gulf states will rise
Investment by China in countries of the Gulf Cooperation Council is evolving
Gulf statesIraq will reshape foreign military ties
Baghdad is reportedly seeking a timely withdrawal of coalition forces and is seeking better security links with Turkey
IraqLebanon’s economic issues will remain unaddressed
Fitch has withdrawn Lebanon’s ratings because of a lack of up-to-date data
LebanonRiyadh will move to bring down Yemeni tensions
Defying expectations, rival Yemeni groups reached an agreement to de-escalate
Saudi ArabiaInterest rates cuts unlikely until 2025 in Turkey
Interest rates remained steady as the central bank remains committed to tight monetary policy
Turkey
