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1 – 10 of 20The 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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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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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: Gold discovery will boost mining sector
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DOI: 10.1108/OXAN-ES284280
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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A major goal of Vision 2030, the kingdom’s strategic development framework, is to address persistently high levels of unemployment, especially amongst young people. Although…
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DOI: 10.1108/OXAN-DB274315
ISSN: 2633-304X
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However, more than half of employed Saudis work in the public sector, with their pay absorbing about 45% of the state budget. Increased employment of Saudi nationals in…
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DOI: 10.1108/OXAN-DB274926
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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SAUDI ARABIA: Corruption next steps key to credibility