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Saudi Arabia, Oman will be the GCC's only growing economies in 2026 -ICAEW
GCC GDP growth rate is expected to shrink by 2.4% in 2026
Inflation subdued in May despite war pressures
Oil revenues cushioned the fiscal hit, and the US-Iran framework points to easing ahead
Saudi to outgrow Gulf despite a downgrade, World Bank
Saudi Arabia is poised to outpace its Gulf neighbors this year in terms of growth thanks to the East-West pipeline…
Fitch turns bearish on global sovereigns — and the Middle East is taking the hardest hit
The ratings agency’s base case is for a partial strait reopening — but warns the war’s damage to the region’s…
Saudi Arabia’s economy slows in 1Q, hampered by oil activities
Oil and non-oil activities both grew 2.9% y-o-y during the quarter
THIS MORNING: Cloud computing firm Rackspace launches its Riyadh RHQ
Opec fund to issue EUR 500 mn bond to finance Africa, climate, and food security
Signs that global economic growth could take a serious hit due to US-Iran war are mounting
The OECD warns of the worst slowdown in decades, barring the Covid-19 pandemic and the 2009 financial crisis, if disruptions…
IMF trims Saudi outlook to 2% as conflict risks linger
Inflation is expected to reach 2.3% on higher shipping and insurance premiums
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