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
Why the real yield on private wealth will keep falling globally
Despite the importance of returns on private wealth for long-term investors – be they households, asset managers, or pension funds – the fact that real yields have been on a downward trend across the world for decades seems to have escaped attention.
Find Out More
Post
Growth outlook determines the fate of fiscal consolidation in APAC
We expect fiscal consolidation to generally continue in Asia, except in mainland China and Taiwan. In those economies, we anticipate looser fiscal policy this year and very slow normalisation next year.
Find Out More