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The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…
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DOI: 10.1108/OXAN-DB285518
ISSN: 2633-304X
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The resignation highlights that, despite the suspension of parliament in an attempt to overcome the political deadlock arising from executive-legislative tensions, political…
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DOI: 10.1108/OXAN-DB289648
ISSN: 2633-304X
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On November 7-8, senior Emirati officials gathered in Abu Dhabi for an annual meeting focusing on diversifying the economy, chiefly away from reliance on Abu Dhabi's oil, an…
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DOI: 10.1108/OXAN-DB283649
ISSN: 2633-304X
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Geographic
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Earlier, on January 7, NOC was forced to declare force majeure at Sharara oil field, the country’s largest, after protests shut it down. Oil and gas usually account for more than…