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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 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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Geographic
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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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Since his 2019 election, the president has introduced reforms to attract foreign investment, albeit only to a handful of sectors. The president remains opposed to opening the…
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DOI: 10.1108/OXAN-DB285345
ISSN: 2633-304X
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A major scandal involves a Malian national imprisoned on drug trafficking charges, which has implicated high-ranking individuals. The nature of the cases underlines both the depth…
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DOI: 10.1108/OXAN-DB286080
ISSN: 2633-304X
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Geographic
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President Kais Saied is seeking to press targeted members of the business class to accept an amnesty in return for significant investments. Yet this initiative has so far failed…