The IMF cut its 2025 growth outlook for Gulf oil-exporting countries to 2.3%, primarily due to falling oil prices. The region’s economic dependency on hydrocarbons remains a vulnerability amid global energy price shifts. Source: Gulf News
IMF Revises Down Gulf Oil Exporter Growth Forecast for 2025 Read More »
In the first quarter of 2025, Saudi Arabia captured 58% of all MENA venture funding and accounted for 41% of transactions, far outpacing regional peers. The Kingdom achieved an 87% year-on-year increase in non-mega deal funding and a 437% rise in Series A and B rounds, supported by sizable transactions such as those by Ula.me
Saudi Arabia Leads MENA Venture Capital Funding in Q1 2025 Read More »
S&P Global Ratings forecasts that economic growth in Saudi Arabia and the UAE will continue supporting Islamic banking asset expansion in 2025, barring significant disruptions. The Kingdom’s banking system growth, supported by Vision 2030 initiatives, is expected to contribute significantly to the expansion of Islamic banking assets. Earlier this month, Saudi Arabia led the Gulf
S&P Projects Growth in Islamic Finance Led by Saudi Arabia Read More »