Iran struggles to control plunging rial

The Iranian rial has hit record lows, dropping past IR113,000=$1 on 29 July and continuing to fall since then. Seasonal demand for foreign currency may be contributing to the slump in the rial’s value, but the main problem is looming US sanctions, which are due to take effect in two waves in early August and November. Locals are moving assets into hard currency, gold coins and other safe investments to protect their wealth. 2nd August 2018, Issue 1,064. Read more

Bahrain's Economic Performance

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Gulf boundaries and hydrocarbons infrastructure

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The Gulf region: economy and society

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Iraqi Kurdistan hydrocarbons infrastructure map

Revised in January 2015, this map provides a detailed overview of hydrocarbons infrastructure in the Kurdistan area of Iraq.

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Qatar: Doha seeks ‘strategic brotherhood’ and new economic partnerships

Isolated by its erstwhile ‘GCC-3’ allies, Qatar gave some very public thanks to those who had stuck by it following the...

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UAE launches stimulus packages and eases visa rules to boost activity

Issue 1,066. Despite Gulf producers’ success in forcing the price of crude up to around $70 a barrel, the strains of...

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UAE: Gentle push-back from MBR against Abu Dhabi’s adventurism

The diplomatic community in the UAE is still weighing the significance of a series of early August tweets by federal Vice...

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Events

26-28 November

World Islamic Banking Conference

ART Rotana Hotel, Amwaj Islands, Kingdom of Bahrain

28-29 January

Middle East and North Africa Energy 2019

Chatham House, London

19-20 February

The Solar Show MENA

The Nile Ritz-Carlton, Cairo, Egypt

5-7 March

Middle East Electricity

Dubai World Trade Centre, UAE

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