Middle East / Africa
Bahrain will have to cut budgetary spending
The IMF has raised concerns about the deteriorating fiscal position and increasing government debt
BahrainEgypt is still on path of IMF reforms
The government has so far maintained a commitment to several IMF reforms, especially regarding fuel subsidies
EgyptAnkara makes another push for Western fighter jets
Turkish President Recep Tayyip Erdogan will meet German Chancellor Olaf Scholz for the third time in four months
TurkeyGhana parliamentary moves may block legislation
Ghana's speaker of parliament has removed four MPs, handing parliament's majority to the opposition NDC party
GhanaIraqi Kurdish elections could fuel divisions further
The Iraqi Kurdish elections are taking place as Baghdad pushes against and works to circumspect the region's autonomy
IraqGenAI adoption alone will not markedly lift global GDP
Research confirms that GenAI is being adopted faster than the PC and internet were, and broadly across occupations
InternationalGrowth forecasts for Middle East and North Africa fall
The World Bank expects growth to strengthen in the Gulf Cooperation Countries (GCC) but to slow elsewhere in the region
Middle EastGulf states-EU summit could see trade talks re-opened
The inaugural summit between GCC and EU leaders produced little of substance
Gulf states