Budget deficit widens to eight-year high in 1Q
The gap was driven by a 20% y-o-y increase in expenditure and a 1% drop in revenues
Available in your choice of English or Arabic
The gap was driven by a 20% y-o-y increase in expenditure and a 1% drop in revenues
The headline index rose to 51.5 in April from March’s 48.8
Import financing has slowed down amid the Hormuz disruptions
Hormuz disruptions dented oil-driven GDP growth
The US steps up as the global energy stabilizer as the war sidelines Opec
The growth was significantly bolstered by a 28.5% jump in re-exports
FDI missed the government’s target, while the PIF’s assets under management remained stable y-o-y
Overall, the GCC is expected to grow only 1.9%, down from 4.8%
Something went wrong. Please refresh the page and/or try again.
Queue