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1 – 10 of 42The 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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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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The demonstrations were triggered by Assad’s mid-August announcement of big fuel price increases, only partly mitigated by rises in salaries and pensions. However, they have been…
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DOI: 10.1108/OXAN-DB281840
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 back-to-back ADNOC fundraisers are indicative of a flourishing IPO market throughout the Gulf Cooperation Council (GCC) states that stands in contrast to depressed activity…
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DOI: 10.1108/OXAN-DB278397
ISSN: 2633-304X
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Geographic
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The SWFs of the main Gulf States oil and gas producers are stepping up their investments as the countries maximise hydrocarbon revenues and diversify their economies. The SWFs are…
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DOI: 10.1108/OXAN-DB272383
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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As the era of high oil revenues comes to an end, the two states are planning for different economies -- with profound impacts on state-society relations and the social contract…
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DOI: 10.1108/OXAN-DB275555
ISSN: 2633-304X
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Geographic
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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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Geographic
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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…