Tag: Economic growth
ECONOMY : Oman Economy Deemed Stable By Moody’s
Muscat: In its recent announcement, Moody’s changed the outlook on Oman’s credit rating to stable from negative and affirmed its rating at Ba3.
According to Moody’s,...
World Economy Haunted by Risk Just Got a Double Shot in the Arm
(Bloomberg) --Dogged for most of 2019 by trade tensions and political risk that hammered business confidence, the outlook for global growth will enter 2020...
World Bank asks GCC economies to focus on environmental sustainability as growth slumps
The economic growth in the Gulf Cooperation Council (GCC) is estimated to drop to 0.8 per cent in 2019 as compared to 2 per...
Oman Economy 2018-2019: Forging Ahead
Amidst tight financial conditions and growing trade tensions, the world economic activities witnessed some moderation since the second half of 2018. However, the economic...
Global risk-taking binge gives Central Banks cause to shudder
(Bloomberg) --Global central banks are approaching the end of the year with a collective shudder at the risky behavior that their low interest-rate policies...
Abu Dhabi GDP Growth to Average 2.5% Through 2022, S&P Says
(Bloomberg) - Abu Dhabi’s economic growth will average 2.5% in the four years through 2022 as it benefits from higher oil production and prices, S&P...
Beware of Economic Ideas Born Outside Ivory Tower
(Bloomberg Opinion) -- How can you know if a macroeconomic theory is a good one? The answer is that it’s surprisingly hard. Because macroeconomics doesn’t...
IMF: Oman’s Economy Gradually Recovering
Oman’s economic efforts have been recognised - and praised - by the International Monetary Fund (IMF) as stated in a recent press release.
The aforementioned...
Saudi Arabia’s Long-Delayed Banking Hub Gets a Trendy Makeover
There might not be any banks yet in the King Abdullah Financial District, but on a sunny afternoon, the once-stalled development in Riyadh is...
GCC economies to grow by 2.4 percent in 2018
IMF says GCC economies to recover strongly in 2019
Overall energy price recovery would spur GCC economies to grow by 2.4 percent in 2018 and...