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July 10, 2023
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Opec: Is The End (Finally) Nigh?

  • Historically, forecasts of Opec’s imminent demise have proved well wide of the mark. However, keeping the cartel together as we enter an era of permanently declining demand for oil may prove much more challenging.

By Alastair Newton

June 22, 2023
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UAE M3 money supply 20.8% y-o-y in Apr-23


- The UAE M3 money supply grew by 20.8% year-on-year in April 2023, surpassing both the one-year and long-run averages by 7.18 and 14.38 percentage points, respectively.
- The significant increase in the money supply raises both opportunities for economic growth and concerns about inflation and financial stability, necessitating careful monitoring and policy measures.

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