Choose your website and language

Emirates NBD International

United Arab Emirates Flag

United Arab Emirates
English - عربي

Saudi Arabic Flag

Saudi Arabia
English - عربي

Egypt
English - عربي

Singapore
English - عربي

United Kingdom Flag

United Kingdom
English

India
English

Our Websites

Skyshopper

SkyShopper.com
English

Emirates NBD Asset Management

Emirates NBD Asset Management
English - عربي

Emirates NBD Research

Emirates NBD Research
English

Emirates NBD Securities

Emirates NBD Securities
English - عربي

Emirates NBD Properties

Emirates NBD Properties
English - عربي

ENBD Reit

ENBD Reit
English - عربي

Liv.
English - عربي

E20.
English

Welcome to Emirates NBD Research

We provide clients with in-depth knowledge on regional and financial markets within the global context.

About Us

Monthly Insights - January 2022

A round-up of our recent publications and updated forecasts for January 2022.

ECONOMICS, MARKETS - 18.01.2022

Fed could raise rates as soon as March

High inflation and low unemployment outweigh Omicron uncertainty.

ECONOMICS, GLOBAL MACRO - 18.01.2022

GCC outlook: Growth to accelerate in 2022

We expect regional growth to average 5.3 percent in 2022 from an estimated 2.3 percent in 2021.

ECONOMICS, GCC MACRO - 14.01.2022

Lebanon faces a tough start to 2022

We forecast that the Lebanese economy will return to growth this year, but that belies the manifold pressures still on a country in crisis.

ECONOMICS, MENA MACRO - 14.01.2022

Daily Outlook

Economic Calendar 17 January
17.01.2022

BoJ keeps rates on hold as expected
18.01.2022

PBOC cuts rates as growth slowed in Q4
17.01.2022

US PPI inflation slowed in December
14.01.2022

US inflation at multi-decade high
13.01.2022

Dollar to remain strong in H1

A hawkish Federal Reserve should help to support the dollar against major peers.

MARKETS, FX - 14.01.2022

Dubai PMI at two-and-a-half year high in December

Improvement in business conditions underpinned by relaxation of travel restrictions, Expo 2020 and strengthening domestic demand.

ECONOMICS, PMIS - 11.01.2022

UAE: Economic recovery to continue in 2022

Uncertainty remains elevated however.

ECONOMICS, UAE - 10.01.2022

Fed turns much more hawkish

We are now projecting the Fed to hike three times in 2022.

MARKETS, FIXED INCOME - 06.01.2022

UAE PMI: A strong Q4

December PMI slipped to 55.6.

PMIS, ECONOMICS - 05.01.2022

Dubai Tourism: Adaptability in play

So far, all the tourism statistics for Dubai released through November, prior to the global onset of the Omicron variant, point to very robust recovery across key tourism metrics.

ECONOMICS, MENA MACRO - 05.01.2022

OPEC shows confidence in face of Omicron

Demand should be robust enough to absorb additional barrels

MARKETS, COMMODITIES - 05.01.2022

PMIs

Dubai PMI at two-and-a-half year high in December
11.01.2022

UAE PMI: A strong Q4
05.01.2022

Saudi Arabia, Egypt PMIs: Omicron weighs on sentiment
04.01.2022

Dubai PMI unchanged at 54.5 in November
12.12.2021

UAE PMI rises to 55.9 in November
07.12.2021

Saudi Arabia, Egypt PMIs: Omicron weighs on sentiment

Saudi Arabia PMI slipped to a nine month low in December.

ECONOMICS, PMIS - 04.01.2022

Global growth outlook 2022

A look at the year ahead for global macro

ECONOMICS, GLOBAL MACRO - 03.01.2022

Saudi Arabia: Budget 2022

Kingdom set to record first budget surplus since 2013.

ECONOMICS, GCC MACRO - 13.12.2021

Dubai PMI unchanged at 54.5 in November

Private sector employment declined for the first time since May.

PMIS, ECONOMICS - 12.12.2021

UAE PMI rises to 55.9 in November

Domestic demand remains robust.

PMIS, UAE PMI - 07.12.2021

Monthly Insights: December

A round-up of our recent publications and forecasts for December 2021

ECONOMICS, GLOBAL MACRO - 06.12.2021

OPEC gives itself room on Omicron

A responsive approach from OPEC and partners should help to set a floor under the market.

MARKETS, COMMODITIES - 06.12.2021

Saudi, Egypt November PMIs are mixed

Improving conditions in Saudi Arabia, supply chain challenges in Egypt

PMIS, ECONOMICS - 05.12.2021

Omicron variant underscores fragility of global recovery

Uncertainty around 2022 outlook increases.

ECONOMICS, GLOBAL MACRO - 28.11.2021

DUBAI

Dubai PMI at two-and-a-half year high in December

Improvement in business conditions underpinned by relaxation of travel restrictions, Expo 2020 and strengthening domestic demand.

ECONOMICS, PMIS - 11.01.2022

Dubai Tourism: Adaptability in play

So far, all the tourism statistics for Dubai released through November, prior to the global onset of the Omicron variant, point to very robust recovery across key tourism metrics.

ECONOMICS, MENA MACRO - 05.01.2022

Dubai PMI unchanged at 54.5 in November

Private sector employment declined for the first time since May.

PMIS, ECONOMICS - 12.12.2021

Dubai PMI rises to two-year high in October

Strong output and new order growth registered last month.

PMIS, DUBAI ECONOMY TRACKER - 09.11.2021

Dubai GDP contracted 10.9 percent in 2020

We expect 4 percent GDP growth in 2021.

ECONOMICS, GCC - 11.10.2021

Dubai PMI declined in September on weaker new orders

Headline index still points to overall improvement in business conditions.

PMIS, DUBAI ECONOMY TRACKER - 11.10.2021

Dubai PMI: Travel and tourism business conditions improved in August

The Dubai PMI was fractionally higher in August at 53.3 from 53.2 in July as business activity rose at the fastest rate in over a year.

PMIS, GCC MACRO - 09.09.2021

MARKETS

Monthly Insights - January 2022

A round-up of our recent publications and updated forecasts for January 2022.

ECONOMICS, MARKETS - 18.01.2022

Dollar to remain strong in H1

A hawkish Federal Reserve should help to support the dollar against major peers.

MARKETS, FX - 14.01.2022

MONTHLY INSIGHTS

Monthly Insights - January 2022
18.01.2022

Monthly Insights: December
06.12.2021

Monthly Insights: September 2021
23.09.2021

Monthly Insights: July 2021
14.07.2021

Fed starts to taper asset purchases

Focus remains on repairing the labour market rather than elevated inflation.

MARKETS, FX - 04.11.2021

OPEC and allies under pressure to raise output

But we expect the alliance to keep markets running tight for now.

MARKETS, COMMODITIES - 03.11.2021

Monthly Insights: October 2021

A round-up of our key research and forecasts in October 2021.

ECONOMICS, MARKETS - 28.10.2021

High inflation leaves Fed with few good options

While the market is less optimistic that price pressures will moderate.

ECONOMICS, MARKETS - 27.10.2021

Read more on Markets