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Data for the UAE show inflation turned positive in August for the first time since December 2018, due to a 21.8% jump in entertainment and cultural...
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New rules on residency visas are just part of the 50 economic initiativesannounced by the UAE to celebrate its golden jubilee. The measures include...
Oil exports from Saudi Arabia soared to SAR61.5bn in June, a 123% increase from a year earlier, as oil output started to rise and oil prices...
OPEC+ negotiations to raise oil production in the coming months are indeadlock as the UAE opposed an extension of the deal beyond the current end...
Oil producers in the OPEC+ alliance agreed on Tuesday to stick to the gradual easing of supply curbs through July, as they looked to balance an...
The OPEC+ meeting on 27 April saw oil producers stick to agreements madeearlier in the month. It is expected that the consortium will gradually lift...
Q4 GDP data for Saudi Arabia showed a 3.8% y/y fall, taking the full-year 2020 outturn to -4.1%, broadly in line with our forecast. Compared with the...
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