The Financial Sector Development Programme (FSDP) 2020, which was approved in early May, aims to expand the capacity of financial services firms to meet the financing needs of Vision 2030, Saudi...
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Economic Update | New sector development plan to strengthen Saudi financial services
15 Jun 2018
Economic Update | Kuwait postpones introduction of VAT until 2021 as oil prices rise
31 May 2018
Amid a backdrop of recovering commodity prices and stronger economic growth, in mid-May Kuwait decided to postpone introduction of value-added tax (VAT) until 2021, although it still intends to...
Economic Update | Oman’s energy sector to expand on the back of new gas investments
31 May 2018
The expansion of a major gas project, the announcement of new finds and investment in downstream oil infrastructure are expected to support fresh growth in Oman’s energy sector.
Economic Update | Bahrain’s new hydrocarbons find could replenish energy and fiscal reserves
31 May 2018
Newly identified oil and gas deposits are expected to increase momentum in Bahrain’s energy sector and could have a wider economic impact by easing concerns over rising debt levels.
Economic Update | Preventative care and private engagement key to Qatar’s new health strategy
31 May 2018
Qatar is placing significant focus on preventative health care as part of its new five-year plan for the sector, with efforts to improve the general health of the population and reduce the cost of...
Economic Update | Dubai property market expects mid-term rebound
31 May 2018
In mid-April the Dubai Land Department (DLD) issued its quarterly report on real estate transactions, which showed there had been 13,759 sales, mortgage agreements or other deals conducted in the...
