Insight
Webinar: 8 trends that are changing the Middle East
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Report summary
2020 was a tumultuous year for the Middle East region with coronavirus restrictions and the oil price crash hitting hard. Two oil price crashes in five years have focused minds on the vulnerability of oil revenues. Middle East governments are proactively and urgently making their economies more resilient. This crisis may prove to be an inflexion point with new trends emerging and existing trends accelerating. Policies are broadly aimed at maximising the strategic benefit of oil and gas resources at the same time as diversifying revenue streams. There is an economic transition from over-dependence on oil to a more balanced economy.
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