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Low global oil prices are weighing heavily on the profitability of the Gulf Cooperation Council (GCC) banking sector. Moody's Investors Service in March downgraded 26 GCC banks…
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DOI: 10.1108/OXAN-DB211796
ISSN: 2633-304X
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UNITED ARAB EMIRATES: Tourism will help retail
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DOI: 10.1108/OXAN-ES281413
ISSN: 2633-304X
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BAHRAIN: The country will weather a pandemic setback
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DOI: 10.1108/OXAN-ES261792
ISSN: 2633-304X
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SAUDI ARABIA: Post-COVID diversification faces blocks
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DOI: 10.1108/OXAN-ES263291
ISSN: 2633-304X
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Yet this follows a government directive that the company cancel increases in its maximum sustainable capacity (MSC) of crude oil production from 12 million barrels per day (b/d…
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DOI: 10.1108/OXAN-DB285954
ISSN: 2633-304X
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SAUDI ARABIA/FRANCE: Riyadh will juggle ties
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DOI: 10.1108/OXAN-ES257132
ISSN: 2633-304X
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Indian nationals are struggling to maintain jobs in the Middle East as GCC states contend with historically low oil prices as well as the economic fallout of the pandemic. Gulf…
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DOI: 10.1108/OXAN-DB253134
ISSN: 2633-304X
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GULF STATES: Populous countries prioritise employment
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DOI: 10.1108/OXAN-ES229413
ISSN: 2633-304X
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LEBANON/GULF STATES: Tourist return will boost economy
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DOI: 10.1108/OXAN-ES217804
ISSN: 2633-304X
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Islamabad now seeks a larger, longer-term bailout programme with the Fund. Finance Minister Muhammad Aurangzeb has suggested that a staff-level agreement on such a package could…