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Vision 2030 recap shows the private sector is set to take the wheel of Saudi Arabia’s economy
FDI missed the government’s target, while the PIF’s assets under management remained stable y-o-y
Saudi retrenchment hits New York’s Metropolitan Opera — but the kingdom is making bank with oil at USD 100
Plus: It’s interest rate week in the US
Syria taps World Bank, Oliver Wyman for financial sector reform
Oliver Wyman and the World Bank are helping with technical support and reviews, and Qatar Fund for Development is bankrolling…
Moody's downgrades Bahrain and Iraq’s credit outlook to negative
With no oil revenues and limited access to affordable debt, some of both countries’ spending drives could be derailed
The IMF sees uneven post-war recoveries as it revises MENA growth forecasts downward
Qatar is set to face the deepest GDP contraction in the region
Turkish banks are eyeing Syria — and Stellantis is doubling down on Algeria
PLUS: Surprising exactly no one, business activity slumped last month in Qatar and Kuwait
Jordan cuts reserve requirements, frees up JOD 700 mn for banks hit by Gulf war fallout
The measures could inject some JAD mn in lendable liquidity
Morocco has its eye on the long game with a massive investment drive ahead of 2030 World Cup
The mega investments will ultimately boost the GDP and productivity, but rising public debt and reduced private sector investments could…
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