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1 – 10 of 39The 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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Its sovereign wealth fund, Mumtalakat, announced on November 30 that it was establishing a USD750mn fund to invest in climate-related projects. On the same day, the Bahraini…
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DOI: 10.1108/OXAN-DB284138
ISSN: 2633-304X
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The deal links two key sectors in the six Gulf Cooperation Council (GCC) countries’ efforts to diversify their hydrocarbon-dependent economies, connecting transportation and…
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DOI: 10.1108/OXAN-DB281388
ISSN: 2633-304X
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MIDDLE EAST/NORTH AFRICA: Oil subsidies will continue
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DOI: 10.1108/OXAN-ES281527
ISSN: 2633-304X
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Manama exceeded its own fiscal and economic expectations in 2022, as the budget came close to balance one year earlier than targeted and real non-oil GDP surged by 6.2%, driving…
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DOI: 10.1108/OXAN-DB278862
ISSN: 2633-304X
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High oil and gas prices have incentivised Middle Eastern and North African (MENA) hydrocarbon importers to accelerate their renewables build-outs, while exporters have deployed…
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DOI: 10.1108/OXAN-DB279701
ISSN: 2633-304X
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In June, he stopped over in the UAE on his return from the G7 summit in Germany, where he was a guest. India’s Gulf ties have recently encountered turbulence because of comments…
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DOI: 10.1108/OXAN-DB271724
ISSN: 2633-304X
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The trial comes amid an escalating crackdown against domestic opposition forces. The crackdown has been presented as a response to Iranian-backed subversion, but the government…
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DOI: 10.1108/OXAN-DB212627
ISSN: 2633-304X
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GULF STATES: Greenwashing competition may have impact