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1 – 10 of 16Measures 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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This trend was sustained in 2023 with USD23bn worth of investments in US markets alone. However, Gulf investments are subject increasingly to greater Western scrutiny because of…
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DOI: 10.1108/OXAN-DB285434
ISSN: 2633-304X
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SAUDI ARABIA: Oil funds will reinforce diversification
The Economic Development Board (EDB), the country’s investment promotion agency, announced in March that its ‘golden licence’ scheme of incentives for local and foreign investors…
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DOI: 10.1108/OXAN-DB286570
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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Panama has demonstrated resilience and maintained economic momentum, despite challenges such as reduced traffic through the drought-stricken Panama Canal and the closure, after…
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DOI: 10.1108/OXAN-DB286475
ISSN: 2633-304X
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SAUDI ARABIA: Government will grow its tech sector
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DOI: 10.1108/OXAN-ES285377
ISSN: 2633-304X
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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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Previously, in December 2023, South Korea signed a landmark free trade agreement (FTA) with the six-nation Gulf Cooperation Council (GCC), only the bloc’s second with a major…
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DOI: 10.1108/OXAN-DB285843
ISSN: 2633-304X
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CHINA: Budget spending to lift infrastructure and GDP