Economy

ECONOMY

Gulf Economies Recovering, but Oil Price Volatility Threatens to Weigh on Future Growth – IMF

The cities of Jubail and Yanbu Alsnaaatan testament to the durability of the expansion of the Saudi economy1
A recently released report by the IMF found that economic growth in Gulf states will recover in 2018 from a contraction last year, but that future growth remains vulnerable to volatility in crude oil prices.

ECONOMY

Saudi Economy Fundamentals Stable, Continued Growth Expected: Jadwa Investment

audi Arabia may spend SAR 100 billion ($26.6 billion) more than originally planned in 2019.
A recently released macroeconomic update by Jadwa Investment finds the fundamentals of the Saudi economy remain unaltered and the bank "expects solid growth in the next few years" by 2.2 percent in 2018 (compared to -0.9 percent in 2017).

latest headlines