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UNITED ARAB EMIRATES: Abu Dhabi will boost trade links
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DOI: 10.1108/OXAN-ES285214
ISSN: 2633-304X
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Measures include a new civil code, the Civil Transactions Law, which came into effect in December 2023 and aims to provide comprehensive coverage of all aspects of contracts…
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DOI: 10.1108/OXAN-DB285763
ISSN: 2633-304X
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Geographic
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SAUDI ARABIA: Riyadh will push on with spending plans
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DOI: 10.1108/OXAN-ES285870
ISSN: 2633-304X
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Geographic
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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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However, because of the large surplus of 2.5% recorded in that year, Riyadh’s public debt is only about 25% of GDP, providing the government and the country’s sovereign wealth…
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DOI: 10.1108/OXAN-DB284692
ISSN: 2633-304X
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Geographic
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SAUDI ARABIA: Mining will start attracting interest
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DOI: 10.1108/OXAN-ES284493
ISSN: 2633-304X
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Geographic
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Saudi Arabia has made significant progress since 2021 in developing its renewable energy sector. However, it contributes less than 5% to total electricity output. By end-2023…
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DOI: 10.1108/OXAN-DB282767
ISSN: 2633-304X
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SAUDI ARABIA/UAE: Competition will intensify
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DOI: 10.1108/OXAN-ES283253
ISSN: 2633-304X
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Geographic
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PMI data indicate that the non-oil private sector continues to expand in 2023 as the government attempts to diversify its economic base away from gas dependency. Regulatory reform…
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DOI: 10.1108/OXAN-DB283091
ISSN: 2633-304X
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Geographic
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MIDDLE EAST: Private sectors face divergent outlooks