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This is below the medium-term target of average annual real GDP growth of 6%, with economic performance largely affected by poor agricultural harvests. There was a modest recovery…
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DOI: 10.1108/OXAN-DB287009
ISSN: 2633-304X
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The Economic Development Board (EDB), the country’s investment promotion agency, announced in March that its ‘golden licence’ scheme of incentives for local and foreign investors…
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DOI: 10.1108/OXAN-DB286570
ISSN: 2633-304X
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The Eleventh Development Plan for 2019-23.
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DOI: 10.1108/OXAN-DB230033
ISSN: 2633-304X
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Aid commitments are on a downward trajectory. In 2022, donors extended over USD2.2bn in assistance out of a budgeted USD4.27bn. Meanwhile, talks are underway between Saudi Arabia…
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DOI: 10.1108/OXAN-DB278659
ISSN: 2633-304X
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Hydrocarbons in Bahrain’s economy.
Lower oil and gas revenues are the major transmission channel of the global crisis to regional economies, but tourism, financial and professional services are also taking a major…
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DOI: 10.1108/OXAN-DB251403
ISSN: 2633-304X
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Prospects for the Middle East in the second quarter.
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DOI: 10.1108/OXAN-DB198073
ISSN: 2633-304X
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However, because of the large surplus of 2.5% recorded in that year, Riyadh’s public debt is only about 25% of GDP, providing the government and the country’s sovereign wealth…
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DOI: 10.1108/OXAN-DB284692
ISSN: 2633-304X
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Meanwhile, in the United Arab Emirates (UAE), a surge in green issuance from Emirati banks highlights the growth in a debt market that can help fund efforts to mitigate and adapt…