Tag: 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...
UAE will see rapid economic growth until 2024: IIF
US-based association for the global financial services industry, Institute of International Finance (IIF) has stated that the UAE economy will report faster growth over...
Upskilling global workforce crucial to COVID-19 recovery: WEF
The World Economic Forum (WEF) said that accelerated investment in improving the skills of the workforce could boost global gross domestic product (GDP) by...
