• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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The biannual meetings of the G20, of which Saudi Arabia is a member, have become major events in the global economic calendar. What started in 1999 as an informal gathering of central bankers and finance ministers has become the principal forum by which the world’s leading economies have sought to prevent worldwide economic crises. Its work...

 

While Saudi Arabia’s deep reserves have helped it mitigate the negative effects of the recent lowoil-price environment, the link between fiscal performance and global energy prices has long been acknowledged as a challenge to stability. Ramping up private sector investment, both local and foreign, is therefore a key pillar of the Kingdom’s...

 

How does an extended implementation of standardisation help improve efficiency and safety?

 

In November 2020 Riyadh is set to host the 15th annual G20 Leaders’ Summit, bringing together the leaders of some of the world’s largest economies. Although the summit will span a period of just two days, more than 150 separate meetings, exhibitions and events are being organised around it, and are expected to be a major boon for the local...

 

What are some of the challenges Medina faces regarding the need to balance infrastructure development with the region’s historic heritage?

 

Across the Gulf public health authorities and private institutions are investing in smart technologies to improve patient care. Data collection, sharing and analysis, DNA-driven research on precision medicine, and distance consultation and diagnostics are already being implemented in some areas of the GCC. The region’s hydrocarbons wealth is...

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