Search results

Tourism will grow in economic importance in Oman

Location:

OMAN

Since the end of COVID-19 travel restrictions, Oman has increased its efforts to boost its tourist sector, through the National Tourism Strategy (NTS) included within Vision 2040…

Oman and Bahrain are the most vulnerable Gulf states

Location:

BAHRAIN/OMAN

Oman and Bahrain, already struggling with rising public debt levels and high fiscal deficits, are in the most exposed medium-term position.

IPO activity in the Gulf states will be strong in 2023

Location:

GULF STATES

The back-to-back ADNOC fundraisers are indicative of a flourishing IPO market throughout the Gulf Cooperation Council (GCC) states that stands in contrast to depressed activity…

Gulf economies are on a stable track despite risks

Location:

GULF STATES

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…

Saudi-Qatari economic competition may intensify

Location:

QATAR/SAUDI ARABIA

QATAR/SAUDI ARABIA: Economic competition may intensify

Economic reforms will boost Omani employment

Location:

OMAN

This comes on the back of government efforts to implement reforms, including the passage of a new labour law in July. The law aims to support growth and increase the employment…

Gulf oil dependency poses long-term stability risk

Location:

GULF STATES

Diversification outlook in the GCC.

Gulf taxation plans will not plug fiscal deficits

Location:

GULF STATES

Taxation in the Gulf.

Gulf states’ non-oil growth will depend on oil income

Location:

GULF STATES

The deal links two key sectors in the six Gulf Cooperation Council (GCC) countries’ efforts to diversify their hydrocarbon-dependent economies, connecting transportation and…

COVID-19 and oil shocks raise Gulf recession risks

Location:

GULF STATES

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…