MENA | GCC restricts travel further; five years of Vision 2030
The OPEC+ meeting on 27 April saw oil producers stick to agreements made
earlier in the month. It is expected that the consortium will gradually lift oil
output as global demand recovers from the pandemic, bringing around 2.1m b/d back to the market in May-July, easing cutbacks to 5.8m b/d.
What you will learn:
- On the fifth anniversary of the announcement of Vision 2030, Crown Prince Mohammed Bin Salman made announcements on plans for the future of the Saudi economy.
- Regional cases of Covid-19 continue to rise, with several GCC countries reporting high numbers.
- Further measures are being put in place to curb contagion, including an extension of the curfew in Kuwait until the end of Ramadan in mid-May and a ban on flights from India to the UAE and Oman.
Tags:
Related Services
Post
Little by little—Manchester is closing the output gap
Greater Manchester has led the UK economy since 2008, driven by knowledge jobs, transport upgrades, and housing growth—but can prosperity reach its outer districts?
Find Out More
Post
Asia’s cities are reshaping the world
From Seoul to Delhi and Shanghai, Asia’s urban centres are rapidly overtaking global rivals as living standards soar. What will this mean for the balance of global economic power?
Find Out More
