On this week’s Global Data Pod Edge, our focus is on Saudi Arabia, Oman and Bahrain. Our economists covering the region had one full day of meetings in each of them. They met with authorities and local companies. The podcast discusses recent developments and 2023 outlook for this set of GCC economies.

The mood in the area remains positive after a strong year which saw high growth thanks to the rebound in hydrocarbon production as well as a strong and resilient non-hydrocarbon sector performance. On top of that, the region experienced a limited amount of inflationary pressure, well below anything seen in other Edge countries or around the entire globe. Hydrocarbon prices are expected to continue to be supportive but surely some differentiation remains amongst countries and expectations for their 2023 performance. We invited two of our Edge Economists, Anatoliy Shal and Francesco Arcangeli, who recently returned from a business trip from the area to discuss their impressions.

Speakers

Nicolaie Alexandru-Chidesciuc, EM, Economic and Policy Research

Francesco Arcangeli, EM, Economic and Policy Research

Anatoliy A Shal, EM, Economic and Policy Research

 

This podcast was recorded on February 6, 2023.

This communication is provided for information purposes only.  Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-4322630-0  for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2023 JPMorgan Chase & Co. All rights reserved.