Qatar’s real GDP growth expanded by 2.5% YOY in Q1 2017 on the strength of its non-oil sector. The country is projected to expand by 3.4% in 2017 due to massive infrastructure investment and further economic diversification. More
Egypt’s GDP growth was maintained at 4.3% in 2016, though a slightly lower growth of 3.5% is projected for 2017. Average consumer price inflation hit a high at 30% YOY over the first half of 2017, substantially weakening household spending and hindering consumption growth. More
Turkey’s export sector is well supported by a weak lira and a continued revival of the European economy. Given further recovery of business and consumer sentiment, the Turkish economy is forecast to see another 3.0% growth in 2017.