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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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Real GDP growth is on track to be at least 6% in 2020, following a 7% contraction last year. Most sectors have bounced back, though not tourism. High levels of vaccination against…
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DOI: 10.1108/OXAN-DB262854
ISSN: 2633-304X
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Geographic
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Hydrocarbons in Bahrain’s economy.
PMI data indicate that the non-oil private sector continues to expand in 2023 as the government attempts to diversify its economic base away from gas dependency. Regulatory reform…
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DOI: 10.1108/OXAN-DB283091
ISSN: 2633-304X
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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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Despite its promotion of an innovation ecosystem to attract start-ups, Abu Dhabi has overall made little progress in addressing the impact of the clean-energy transition on…
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DOI: 10.1108/OXAN-DB258306
ISSN: 2633-304X
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Geographic
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The lira’s collapse has only fortified President Recep Tayyip Erdogan’s adherence to unorthodox low-interest-rate policies. Rather than changing course, Erdogan has publicly…
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DOI: 10.1108/OXAN-DB266151
ISSN: 2633-304X
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Turkey's external balances in 2016.
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DOI: 10.1108/OXAN-DB209681
ISSN: 2633-304X
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Morocco imposed a lockdown on March 16 and has declared a health emergency. The government has closed all ‘non-essential’ commercial activity and its borders, as well as imposing…