Rory Fyfe

Global LNG market dynamics are strong in the long term, despite softer prices

The recent annual flagship reports for the LNG industry pointed to intensifying activity in the global market in 2018 with strong demand growth and rising prices This has supported a sharp increase in the number of new supply projects being approved in addition to the large supply increases already under construction Softer prices in 2019 …

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Middle East Economics Webinar

Thank you to the Association of Corporate Treasurers for a well moderated and insightful panel discussion. Here is the link to the webinar. Have a listen from timestamp 12:30 A couple of our reports that are relevant to the discussion: How sustainable is debt in the GCC? The blockade is behind us, the future is LNG

Aramco’s timing is impeccable but creditworthiness is inextricably tied to the State

Aramco is coming to the market at the perfect time, oil prices are at their highest levels since November last year and interest rates in the region are at their lowest for over a year. Demand for Aramco’s bonds has already broken records for EM issuance with orders of over $85bn. Aramco is expected to …

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Cabinet reshuffle indicates growing confidence in Qatar

The cabinet was reshuffled on November 4th, in the first changes since 2016. The most notable changes involved drafting corporate executives into government, including two from Qatar National Bank, and one each from Qatar Rail and Qatar Petroleum. This should support reforms to improve government efficiency and enhance the business environment. The boards of QP …

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Our new model and the impact of higher foreign investment on Qatar

We have developed a detailed economic model for Qatar and also for the whole of the GCC that can answer questions such as the impact of different policies, higher foreign investment, soaring energy prices or rising global interest rates As Qatar opens up its economy to foreign investors in an effort to diversify, the critical …

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