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1 – 10 of 19The 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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This trend was sustained in 2023 with USD23bn worth of investments in US markets alone. However, Gulf investments are subject increasingly to greater Western scrutiny because of…
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DOI: 10.1108/OXAN-DB285434
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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The fall appears linked to public discontent over elevated inflation, which has clouded the country's economic outlook. Meanwhile, the government is moving slower than it…
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DOI: 10.1108/OXAN-DB282874
ISSN: 2633-304X
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The stability of the lira since June 2022 is primarily a result of President Recep Tayyip Erdogan’s government shoring up the currency despite cutting interest rates. The…
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DOI: 10.1108/OXAN-DB275967
ISSN: 2633-304X
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Oman has a long pipeline of green hydrogen projects and the clearest strategy in the Gulf for the industry’s development. It aims to have 30 gigawatts of electrolyser capacity by…
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DOI: 10.1108/OXAN-DB273230
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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Kuwait’s sixth government in two years took office in October pledging to accelerate the slow reform of an economy that is overwhelmingly dominated by the state’s spending of…
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DOI: 10.1108/OXAN-DB274363
ISSN: 2633-304X
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The impact of the pandemic and especially lower oil prices hit the government budget hard, since more than nine-tenths of revenue comes from oil sales. However, the country also…
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DOI: 10.1108/OXAN-DB261921
ISSN: 2633-304X
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These include internal migrants, who seek work in parts of the country beyond their hometowns and villages, and expatriate nationals, who are employed abroad. The restrictions on…