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Saudi real GDP expected to grow by 7.4% in 2022, Ministry of Finance forecasts

RIYADH: Saudi Arabia’s real gross domestic product is expected to grow by 7.4 percent, according to a government report that cites ministry of finance forecasts. The expected growth is driven by a rise in the oil GDP associated with the Organization of the Petroleum Exporting Countries agreement and the expected improvement in non-oil GDP. As the economy continues to recover
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Oil prices climb on easing Omicron fears

LONDON: Oil prices extended gains on Tuesday from a near 5% rebound the day before as concerns about the impact of the Omicron coronavirus variant on global fuel demand eased and Iran nuclear talks stalled, delaying the return of Iranian crude.Brent crude futures were up $1.66, or 2.3%, at $74.87 a barrel, after settling 4.6% higher on Monday. US West Texas...
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