RaboResearch - Economic Research

Country Report

Country Report United Arab Emirates

Although the UAE’s economy is more diversified and less dependent on the oil sector than the surrounding Gulf States, it is strongly affected by the decreasing oil price since the second half of 2014.

Country Report

Country Report Egypt

Domestic stability in Egypt has improved markedly and the economy is showing timid signs of recovery. The government has engaged in bold reforms. Generous aid from the Gulf Cooperation Council (GCC) countries gives it the financial space to gradually implement those reforms.

Country Report

Country Report Kazakhstan

Kazakhstan had a less fortunate economic year in 2014, caused by the decreasing oil price in the second half of last year and the negative wealth effects as a result of the tenge devaluation. For 2015, substantially lower economic growth and twin deficits are expected.

Country Report

Country Report Israel

The Israeli economy is likely to continue to grow at a moderate pace, while the strong growth of mortgage debt and the rise of housing prices pose risks. Meanwhile, a new round of peace talks with the Palestinians is not obvious under a new government that is dominated by nationalists and ultra-Orthodox parties.

Country Report

Country Report Ukraine

Due to the conflict, Ukraine’s economy has shrunk considerably, which also manifests economic mismanagement of the past years. The country’s outlook remains highly uncertain as the government hasn’t managed to set the economy on the right course yet.

Country Report

Country Report Saudi Arabia

Economic growth has slowed down and government finances have deteriorated quickly as a result of lower oil prices. After his accession, King Salman has made major changes to the leadership that have consolidated power in the Sudairi clan.