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GCC growth to reach 4% in 2025, resilient to global trade woes -Oxford Economics
Saudi Arabia and the UAE are expected to lead non-oil sector growth in the region
Brewing trade war to weigh on global growth, OECD says
It also sees inflation coming in higher than previously forecast
Inflation holds steady at 2.0% y-o-y in February
Rental prices were the kingdom’s key inflation driver once again
S&P Global Ratings upgrades Saudi’s credit rating to A+
Economic diversification and development of the capital market are set to mitigate rising sovereign debt
Fitch sees budget deficit widening to 3.8% of GDP this year
The forecast comes after Aramco decided to cut its dividends in 2025
S&P Global sees GDP growing by 2.8% in 2025
Saudi Vision 2030 could boost fixed investment — particularly from the private sector
Labor market hits record 12 mn participants in 3Q 2024
Local participation rate climbed to 51.5% with significant growth in female employment
All eyes are on US inflation data this week, while China faces deflationary pressures
US core CPI likely rose 0.3% in February, while China’s CPI fell 0.7%
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