London - Arabia Monitor's Monthly provides a timely snapshot of most notable recent developments in the dynamic MENA region. Our analysts get past the news to deliver the core, forward looking conclusions that markets-oriented readers look for. Mid-June marks the calendar for a controversial electoral law decision in Kuwait and elections in Iran, significantly escalating risks of political uncertainty.
· Egypt's economic reform program implementation is proving slow, a concern for budget sustainability. Further volatility can be expected ahead of the month of Ramadan, with inflationary pressures set to increase
· Resurgence in Japanese economic growth and rising energy imports bode well for the GCC countries as they account for 73% of Japan's oil imports and 27% of its LNG imports
· Emerging markets sovereign credits started to weaken again during May 2013 vs. April 2013. The JPM EMBI Global Emerging Debt Index is down 2.4% May MTD and 1.8% YTD on the back of rising UST yields. The weakening extends across the board for sovereign bonds, CDS and sukuk
Arabia Monitor is an independent research firm specialized in economic and market studies on the Middle East & North African region, which we view as the new emerging market. Our forward looking perspective allows us to place current developments in the region within a broader context and a long-term view. Our analysis is based on the macroeconomic and financial balance sheet of the Arab region and delivers unique strategy insights and forecasts to businesses across sectors.
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© Arabia Monitor 2012
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© Press Release 2013
