The Middle East Economy

Displaying 229 - 234 of 2003

Chapter | Country Profile from The Report: Saudi Arabia 2020

Home to an estimated 15% of the world’s proven oil reserves and as the largest economy in MENA, Saudi Arabia is a key player not only in the region, but on a global scale. Over the last few years, Saudi Arabia has attracted international attention for the momentum of its socio-economic transformation taking place under the auspices of the Vision 2030 development blueprint. In November 2020...

Saudi Arabia’s decision to weaken the link between hydrocarbons and economic growth, and pursue a policy of diversification has seen a wide range of projects come to fruition in the last several years. While at present the Covid-19 pandemic and the unprecedented plunge in oil prices are causing significant short-term uncertainty, the reforms that have been put in place in recent years should stand the Kingdom in good stead over the longer term.

The onset of a coronavirus-induced global recession has affected both labour markets and financial flows across the world. At the confluence of these two are remittances, which have increasingly been among the top contributors to GDP in many emerging markets over recent decades.

Oman acted quickly to limit the spread of the virus. A range of measures were implemented, including travel restrictions on international flights and internal public transportation services, the closure of all schools, universities, malls and non-essential shops, and the suspension of prayers at mosques.

Articles & Analysis | Hotels in Qatar from The Report: Qatar 2020

 

RADISSON BLU HOTEL DOHA PO Box 1768, Salwa Road, Bin Mahmoud T: +974 4428 1428 info.doha@radissonblu.com www.radissonblu.com/hotel-doha Rooms: 583 rooms and suites, including 1 presidential suite and a 1-bedroom apartment. Business & Conference Facilities: 10 fully equipped conference spaces that can accommodate up to 600 people...

 

DRESS: Nationals often wear the traditional clothing of the Gulf. Foreign visitors and residents are expected to dress in a style that is sensitive to local culture, with conservative clothing recommended. Men generally wear long trousers, while women’s bottoms should fall below the knee, and tops should cover the shoulders and chest....

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart