UAE’s growth strong, expected to remain healthy at around 4% in 2025: IMF
The IMF statement predicted that despite lower oil production and fluctuating oil...
OPEC
Saudi-listed ACWA Power secures USD 692 million for Egypt wind power plant
As a leading partner in Egypt’s NWFE programme, the EBRD has emerged...
OPEC+ production cuts may support oil prices in near term: Goldman Sachs
Goldman went on to say that increased adherence to OPEC+ production cuts...
MENA Watch: IMF issues 2025 projections for the region
The IMF has highlighted that increased oil output, especially from GCC countries...
OPEC stays focused on stable oil market: Secretary General
Over its 64 years of existence, OPEC has promoted communication and cooperation...
Saudi Vision 2030: Is the diversification agenda realistically economically viable?
The Saudis' breakeven price and spending remain high because they disregarded the...
GCC national oil corporations’ capital expenditure to reach USD 115 Billion in 2024
After Saudi Aramco decided to halt its plan to enhance the Kingdom's...
MENA Watch: GCC & OPEC vow to stabilise energy markets, Saudi sees export slump
Based on figures released on the organisation's website on February 21, the...
Global economies & the challenges ahead
Forecasts for inflation in 2024 have been upgraded, and underlying inflation is...
UAE holds interest rate steady as country set to double its growth in 2024
The report noted that the UAE’s GDP already grew by 3.7% year-on-year...