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1 – 10 of 10The 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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Earlier in July, the United Arab Emirates (UAE) government unveiled ambitious new targets for clean power and low-carbon hydrogen production. The main emirates are accelerating…
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DOI: 10.1108/OXAN-DB280961
ISSN: 2633-304X
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It intends to produce up to 11 million tonnes of ‘blue ammonia’ annually by 2030, using 'blue' hydrogen made from natural gas but with mitigated carbon impacts. The target lacks…
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DOI: 10.1108/OXAN-DB271565
ISSN: 2633-304X
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IRAN: Oil leverage will boost regional political role
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DOI: 10.1108/OXAN-ES226216
ISSN: 2633-304X
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Lower oil and gas revenues are the major transmission channel of the global crisis to regional economies, but tourism, financial and professional services are also taking a major…
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DOI: 10.1108/OXAN-DB251403
ISSN: 2633-304X
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The withdrawal came with neither notice nor any obvious precipitating event, and is ultimately more a piece of political showmanship than a decision rooted in fiscal calculation…
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DOI: 10.1108/OXAN-DB240427
ISSN: 2633-304X
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The government signed up to agreements by OPEC and non-OPEC states in December 2016 to cut oil production for six months in an attempt to boost prices. The move demonstrated a…
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DOI: 10.1108/OXAN-DB220067
ISSN: 2633-304X
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Prospects for the Gulf states in 2022.
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DOI: 10.1108/OXAN-DB265215
ISSN: 2633-304X
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The Gulf state’s finances had been under pressure for some time, with steadily rising debt levels and only fitful progress towards economic diversification. It can now look…
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DOI: 10.1108/OXAN-DB268815
ISSN: 2633-304X
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The primary economic impact on the Gulf Cooperation Council (GCC) states of the lifting of the international sanctions on Iran on January 16 has been further weakness in oil…