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1 – 10 of 157Meanwhile, in the United Arab Emirates (UAE), a surge in green issuance from Emirati banks highlights the growth in a debt market that can help fund efforts to mitigate and adapt…
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DOI: 10.1108/OXAN-DB286226
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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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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Geographic
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SAUDI ARABIA: Oil funds will reinforce diversification
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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SAUDI ARABIA: Production decision draws on weak demand
SAUDI ARABIA: Nuclear energy will be a priority
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DOI: 10.1108/OXAN-ES284022
ISSN: 2633-304X
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Hosting the inaugural Saudi-Africa summit in November, Riyadh pledged to invest USD25bn, provide USD10bn in export finance and commit USD5bn billion to development projects by the…
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DOI: 10.1108/OXAN-DB283920
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…