Tue, 21-Oct-2025

How Saudi economy came out of the pandemic in 2021

Saudi economy

RIYADH: The Saudi economy recovered in 2021 after a tough year of pandemic restrictions as vaccination campaigns rolled out in the kingdom and across the world driving its key oil exports, Arab News reported. MENA’s largest economy bounced back from last year, when the kingdom’s gross domestic product contracted by 4.1 per cent, according to the International … Read more

Financial Blow: Iraq seeks emergency assistance from IMF

Iraq IMF

Suffering from severe financial crisis, the government of Iraq has requested emergency assistance from the International Monetary Fund and talks are ongoing between the parties. According to the media reports, Iraq finance minister is in talks with the IMF for a $6 billion loan package. He added that Iraq also planned other types of funding … Read more

Net-Zero Emissions: How Biden will put a damper on US Oil Industry?

Joe Biden

Joe Biden has taken the office as the 46th President of the United States and he has promised to put America on a track to net-zero emissions by 2050 to match the steep and swift global cuts. Environmental Experts say that they are needed to avoid the most devastating impacts of global warming, using curbs … Read more