Over the past 50 years an unparalleled economic growth has developed among the oil-rich Gulf Cooperation Council (GCC) countries, which now rank among the world leaders in per-capita income. However, ...

The narrative around emerging markets is shifting dramatically as we move beyond 2025. Gone are the days when these economies were mostly seen as cheap-labour hubs or commodity exporters. Instead, we ...

MUSCAT,15th February, 2025 (WAM) – GCC countries ranked first in global energy indicators and first in crude oil production, crude oil reserves, crude oil exports and natural gas reserves.

Fitch Solutions-London-17 December 2015 Interest-rate increases by the central banks of Saudi Arabia (AA/Negative), Bahrain (BBB-/Negative), and Kuwait (AA/Stable) reflect their commitment to their ...

As US shale oil and gas production continues to grow, it could have an impact on GCC economies over both the short and long term. The supply shock to global energy markets created by a surge in US oil ...

Global politics, supply dynamics and the fiscal needs of the GCC’s governments are combining to cloud the prospects for oil prices . Oil prices have been volatile in recent months, reacting to ...

Oil price fluctuations are a clear indicator of the depletion of petroleum resources and the shortcomings of global energy policies dominated by the oil industry. The recent volatility in oil prices, ...

One of the most intriguing aspects for those following GCC affairs is the continued commitment of these countries to implement their development programs, undeterred by external noise. Particularly ...