Articles

UAE 2024 Consumer Outlook: Strong Recovery In Oil Economy Feeds Through To Consumer Segments

Consumer & Retail / United Arab Emirates / Tue 20 Feb, 2024

Key View

  • The UAE is forecast to have lower inflation and cost of borrowing which will bode well for real consumer spending in 2024, as well as an expanding youthful population. 
  • The Central Bank of the UAE will continue to follow the US tightening cycle, holding base rate at 5.40% until at least H124, before gradually cutting the rate by
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Quick View: Expected Policy Continuity In Indonesia To Boost Nascent EV Battery Industry And Wider EV Adoption

Autos / Indonesia / Tue 20 Feb, 2024

Latest Development: Indonesia held general elections on February 14 2024, to elect a new president and vice president, as well as members of the People's Consultative Assembly (MPR), which includes the House of Representatives (DPR) and the Regional Representative Council (DPD). Additionally, local legislative bodies at the provincial and city

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Collapse In Israel's Q423 GDP To Weigh On 2024 Growth

Country Risk / Israel / Tue 20 Feb, 2024

Key View

  • The worse than expected contraction in Q423 Israeli GDP (-5.2% q-o-q) was a clear indication of the extent to which the war with Hamas disrupted domestic activity. 
  • The magnitude of the Q4 contraction automatically subtracts 3.6 percentage points from the 2024 average and even though we look for some normalisation during the year
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