NBK UAE provides you with timely economic research and analysis on local, regional and international markets, keeping you better informed and up-to-date on the latest trends and developments.
LATEST ECONOMIC REPORTS


High oil prices and reform drive cushion GCC economies against global slowdown




Growth to slow after 2022 surge, but ambitious development drive persists


Bond yields fell in 1Q23 amid higher recession risks and softening inflation


Equities mostly positive in 1Q23 as easing inflation and softer policy outlook lend support














Sovereign bond yields fluctuate in 4Q22 on shifting inflation and interest rate outlook







Gulf economies to fare relatively well in 2023 as global growth slows





Growth bolstered by high oil prices, tourism rebound and buoyant real estate demand



Sovereign bond yields rise sharply amid persistent inflation and outsized rate hikes


Global equities rout accelerates in 3Q22 as rate hike and stagflation fears intensify






Sovereign bond yields waver amid shifting inflation and monetary policy outlook








High oil prices help Gulf region ride out global economic headwinds


Growth seen above 5% in 2022-23, but weaker global economy a risk to trade and investment









Inflation and imminent monetary policy normalization push sovereign yields higher



Global stocks end year on a high note as strong earnings outweigh Omicron and inflation fears







Stronger oil market, diminishing pandemic pressures provide tailwind for GCC economic recovery


Economy exhibiting solid rebound as pandemic pressures ease, reform measures continue


Global stocks regain traction in October as solid earnings offset inflation and Fed tapering concerns




Global sovereign yields rise on higher inflation and expectations of tighter Fed policy ahead








Global equities advance in Q2 amid stronger data, recovery optimism and bullish sentiment



Global sovereign yields trend downwards as Fed signals policy shift, transitory inflation




Global equities continue to advance on stimulus, central bank dovishness and recovery optimism



US treasury yields touch 15-month high as stimulus and vaccines lend support to outlook



Recovery underway, but region faces extensive post-pandemic reform agenda


Rapid vaccine rollout to underpin economic recovery






Global equities end year on a strong note, aided by stimulus and vaccine optimism








US treasury yields rise in 3Q20 amid improved economic data and stimulus expectations



Pandemic and low oil prices leave the region with tough policy choices





Global equities rally extends into 3Q20 on stimulus, vaccine and recovery hopes







Global yields show signs of stability on improving economic data, recovery optimism



UAE: COVID-19 fallout weighs heavily on tourism activity




Global equities rallied in 2Q20 on massive central bank stimulus












Global equities rallied in 4Q19 on Fed support and easing trade tensions






The economy remains resilient despite global economic headwinds





Global bond yields fell in 3Q amid growth concerns; GCC issuance remained solid




Stable outlook despite global and regional risks



Global equity markets moderate amid softer data and ongoing trade tensions










GCC debt issuance at record high in 2Q19, benchmark yields continue to fall



Markets continue to be bullish on hopes of rate cuts, but trade and geopolitics weigh




Uncertain global outlook may weigh on the region




Non-oil economy to remain supportive of growth






GCC debt issuance strong in 1Q19, while global benchmark yields slide

















Economic growth supported by expansive government investment spending










Equity markets rally after US mid-terms; Brent crude falls to $70 weighed by oversupply concerns


Global stocks end dismal October on a high note; crude prices drop as US softens Iran sanctions position


US growth remained buoyant in Q3; ECB to wind down QE program by end-year


US rate outlook, European politics weigh on markets; Gulf economies improve competitiveness rankings


Equities fall as investors digest prospect of higher interest rates; Brent crude dips to $80


Strong US data triggers bond market sell-off; Brent crude hits near four-year high of $86


Fed hikes rates for eighth time in three years; Brent crude surges past $80 mark


Stocks rally on relief over trade war measures; Brent crude climbs above $80 as Trump calls for OPEC action


US to proceed with China tariffs; Turkey raises rates to 24%; oil prices firm up on Iran supply concerns


Regional outlook improving amid higher oil prices and government stimulus


Trade war looms closer; Global growth prospects are lower; oil price fluctuates on uncertain production


US may expand tariffs on Chinese goods; GCC economic activity still soft; oil down on bearish supply


US imposes tariffs on Chinese goods; GCC non-oil activity recovering; Brent settles lower at $77


Growth to accelerate in 2018 as non-oil activity recovers and oil output increases


Rise in US inflation provides support for rate hike prospects; Brent crude rallies close to $80


EU fires latest shot in trade war with US; oil prices rise despite deal by OPEC+ to boost output


G7 discord ratchets up fears over global trade outlook; Fed rate hike almost certain this week


Political instability weighs on the euro; oil prices dip on prospect of output increase by OPEC and Russia


GCC debt issuance weak in 1Q18; central banks hike rates


Oil prices lifted by US withdrawal from Iran nuclear deal; Egypt could see interest rate cut this week


Fed leaves rates on hold while Eurozone growth disappoints; oil prices stay close to $75


Weekly Economic and Markets Review


GCC: Gulf outperforms in 1Q18 while developed markets dip amid fresh volatility


Weekly Economic and Markets Review


Weekly Economic and Markets Review


UAE: Dubai Expo 2020-related infrastructure spending and tourism sector supporting non-oil economy


Weekly Economic and Markets Review


UAE: Banking sector could become more supportive of growth this year


Weekly Economic and Markets Review


Weekly Economic and Markets Review


Weekly Economic and Markets Review


Weekly Economic and Markets Review


Weekly Economic and Markets Review


Weekly Economic and Markets Review


Stronger economy unlikely to lead to a rapid rise in property prices


Weekly Economic and Markets Review


Weekly Economic and Markets Review


Weekly Economic and Markets Review


Weekly Economic and Markets Review


UAE: Non-oil economy set for solid growth in 2018 helped by construction and tourism sectors


Weekly Economic and Markets Review


GCC: Geopolitics weighed on GCC equities in 2017; Kuwait outperformed



UAE: Non-oil growth to be fastest in the Gulf region in 2018, at 3.7%
