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1 – 10 of 22The 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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GULF STATES: Growth downsides will drive competition
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DOI: 10.1108/OXAN-ES283553
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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GULF STATES: US interest rate pause will be welcomed
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DOI: 10.1108/OXAN-ES280843
ISSN: 2633-304X
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GULF STATES: Rate rises will slightly cut growth
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DOI: 10.1108/OXAN-ES272871
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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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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Oman and Bahrain, already struggling with rising public debt levels and high fiscal deficits, are in the most exposed medium-term position.