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Oil prices to stay stable on Opec+ supply gap: reportOil prices are expected to remain mostly stable with limited upside/downside potential, supported by Opec+'s active role, while the oil market balance has improved with the US shale oil coming back to the market, a report said. More… |
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GCC GDP to grow by 6.7pc, the fastest rate since 2011: ICAEWGCC GDP is expected to grow by 6.7% this year, the fastest rate since 2011, driven by higher oil production, the recycling of government revenues into investment initiatives and, to a lesser extent, household and business spend More… |
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GCC GDP to grow by 6.7pc, the fastest rate since 2011: ICAEWGCC GDP is expected to grow by 6.7% this year, the fastest rate since 2011, driven by higher oil production, the recycling of government revenues into investment initiatives and, to a lesser extent, household and business spend More… |
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Bahrain’s GDP set to double in 2022 on high oil: ICAEWBoosted by rising oil prices and increasing oil production, Bahrain’s short-term economic outlook remains positive, leading to a much higher GDP growth forecast of 4.4% for 2022, double the pace in 2021, a report said. Accor More… |
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Bahrain’s GDP set to double in 2022 on high oil: ICAEWBoosted by rising oil prices and increasing oil production, Bahrain’s short-term economic outlook remains positive, leading to a much higher GDP growth forecast of 4.4% for 2022, double the pace in 2021, a report said. Accor More… |
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GCC markets positive in August despite a slide in oil pricesMost of the GCC markets ended positive in August with Dubai and Abu Dhabi equity indices rising the most, gaining 3.2% and 2.2% respectively, according to Kuwait Financial Centre (Markaz). Regionally, the More… |
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Agencies worldwide raise Oman’s credit ratingMany international agencies have upgraded Oman’s credit rating with ‘stable’ outlook due to Oman’s commitment to fiscal performance control procedures and initiatives within the context of the Medium Term Fiscal Plan, hig More… |
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Agencies worldwide raise Oman’s credit ratingMany international agencies have upgraded Oman’s credit rating with ‘stable’ outlook due to Oman’s commitment to fiscal performance control procedures and initiatives within the context of the Medium Term Fiscal Plan, hig More… |
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Oil boom to bring double-digit growth surge in Saudi ArabiaHigh oil prices will lift Saudi Arabia’s growth into double-digits this year, the fastest pace since 2003, predicts Bloomberg Economist Ziad Daoud. The kingdom will pump crude at near-capacity to meet ris More… |
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Oil boom to bring double-digit growth surge in Saudi ArabiaHigh oil prices will lift Saudi Arabia’s growth into double-digits this year, the fastest pace since 2003, predicts Bloomberg Economist Ziad Daoud. The kingdom will pump crude at near-capacity to meet ris More… |
