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From Stable to Positive; S&P Global Ratings upgrades Oman’s Outlook

S&P Global Ratings, an American credit rating agency revised its outlook on Oman to Positive from Stable citing higher oil prices and fiscal reform...

Qatar’s GDP is predicted to expand by 2.2% in 2021; MoF

Qatar’s Ministry of Finance (MoF) has revealed that the country's economy is predicted to recover from the COVID-19 pandemic in 2021, with real GDP...

Fitch upgrades Saudi Arabia’s outlook to stable ‘A’

Fitch, an American credit rating agency has upgraded Saudi Arabia's outlook from negative to stable and rated it at 'A', citing significantly higher oil...

MENA region’s GDP will grow 2.4% in 2021; World Bank

According to the World Bank, the Middle East and North Africa's (MENA) gross domestic product (GDP) would expand by 2.4 percent in 2021, owing...

World Bank forecasts 5.6% global growth in 2021; Fastest since 1973

The Washington-based international financial institution World Bank has increased its global growth forecast for 2021 to 5.6 percent, predicting the fastest economic rebound in...

GDP loss of G7 due to climate change will be double...

The economies of G7 nations would lose 8.5 percent, equivalent to $4.8 trillion, annually by 2050 in the gross domestic product (GDP) if the...

Saudi Crown Prince launches program to strengthen private-sector partnership

Saudi Crown Prince Mohammed bin Salman has unveiled a program to improve the government-private sector partnership. The initiative, Sharik is aimed at the contribution...

Saudi Arabia expected to grow in 2021; S&P Report

The renowned global credit rating agency Standard & Poor's (S&P) expects the Saudi Arabian economy to resume growth in 2021.  Mr. Ravi Bhatia an analyst...
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