Middle East / Africa
Saudi Arabia’s economic outlook remains positive
Spending on megaprojects could ease but the economic outlook is strong despite possible twin deficits in 2024 and 2025
Saudi ArabiaFinancial clout will aid recruitment by Sudan’s RSF
UN experts warn the RSF is recruiting in neighbouring countries
SudanNigerian government will struggle to offer living wage
Labour unions have called off a general strike in order to continue minimum wage negotiations with the government
NigeriaA step back from an Israel-Hezbollah war is difficult
Hostilities continue to rise significantly on Israel’s northern front
IsraelIran’s foreign policy will focus on non-Western states
Iran will seek to strengthen relations with non-Western states
IranWeak international engagement will fail Sudan
Warnings of risks in Sudan are not yet being met by international action
SudanCairo’s Sudanese deportation will face little pushback
Egypt has already restricted the entry of Sudanese and is also pushing many back to their home country
EgyptAbu Dhabi’s government spending will drive growth
Government spending and policies will drive growth in the non-oil sector
United Arab Emirates