estimate

IMF lowers GCC region’s 2023 growth estimate to 0.5% on oil output cuts 

by
4205911 1455646190

RIYADH: Saudi Arabia is poised for a 105 percent surge in average wealth per person in the next 10 years, jumping from the current $54,000, a new study showed. According to Henley & Partners’ BRICS Wealth Report, the Kingdom presently holds the sixth position within the bloc in terms of high-net-worth individuals. The consulting agency … Read more

Oil Updates – prices up on OPEC demand estimate, Mideast tensions and US output

by
4186096 1979971942

RIYADH: Collaborative trade initiatives can help accelerate the adoption of clean technologies to effectively fight climate change, experts told a panel at the World Economic Forum in Davos on Wednesday. They viewed trade conflicts over subsidies, investment, and carbon pricing as counterproductive and responsible for hampering global efforts to mitigate the effects of climate change. … Read more