What are the prospects for greater private sector participation in the economy and the country’s broader economic diversification agenda?
Saudi Arabia Economy
Displaying 1 - 6 of 41
As part of plans to expand and diversify its global trade partners, the GCC has launched negotiations with the UK on a free trade agreement that is expected to bolster the bloc’s economy, help attract investment and provide greater opportunities for local businesses.
As oil prices reach 7.5-year highs, a number of countries in the Middle East have unveiled fiscal measures designed to balance their budgets after two years of pandemic-related spending.
On the back of higher oil prices and a stronger global economic environment, the Middle East returned to growth in 2021, with a number of governments taking the opportunity to implement long-term plans aimed at diversification and modernisation.
Economic update | Globalisation and businesses: Trends and growth opportunities in the GCC
16 Nov 2021
Oliver Cornock, Oxford Business Group's Editor-in-Chief, recently spoke with John Brash, founder and CEO of Brash Brands, who shared his views on the current economic trends in GCC countries – with a particular focus on Saudi Arabia – that include ambitious innovation and diversification plans; investments in talent and education; support for SMEs and start-ups after the crisis, as well as progress in agricultural sustainability.
Amid an attempt to drive a post-coronavirus economic rebound, a number of countries in the Gulf have introduced new immigration measures to help attract skilled foreign workers.