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…
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Saudi Arabia is poised to outpace its Gulf neighbors this year in terms of growth thanks to the East-West pipeline…
Oil and non-oil activities both grew 2.9% y-o-y during the quarter
Inflation is expected to reach 2.3% on higher shipping and insurance premiums
The US steps up as the global energy stabilizer as the war sidelines Opec
Overall, the GCC is expected to grow only 1.9%, down from 4.8%
Saudi crude shipments to China to drop 50% to 20 mn barrels
Strategic oil pipelines and storage buffers shield the economy from maritime disruptions
GCC GDP forecast has been slashed to 2.6% from 4.4%
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