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The addition of Iranian crude this year after a potential nuclear deal is unlikely to have a significant impact on global oil markets and the ongoing rally in prices, according to MUFG Bank. Iranian nuclear talks are reaching a decisive point as the incentives for the US to strike a deal with Tehran have increased, ...
GCC economic growth to outperform all its emerging markets’ peers in 2022 except Asia, with the UAE and Saudi Arabia leading this recovery
Tax reforms and structural reforms to accelerate economic diversification efforts
With rising oil prices and a bounce back in economic activity, the GCC countries are expected to record this year first fiscal surplus since 2014, at US$27bn, according to Mitsubishi UFJ Financial Group.
Forecast shows GDP to grow at 6.1% this year; with the GCC surplus to reach $27bn.