Tag : MENA region

Business

Global markets face disruption amid $17.3 trillion oil shock warning

omandailynews.com
CryptoWire, LONDON: Global financial markets are navigating renewed turbulence after warnings of a potential $17.3 trillion oil price shock that could reverberate across energy, currency, and digital asset sectors. The alert follows heightened geopolitical tension in South America, where the detention of Venezuelan President Nicolás Maduro by U.S. forces has disrupted expectations......
Business

Abu Dhabi outperforms other economies in MENA region with 9.3% GDP growth in 2022

omandailynews.com
The Statistics Centre – Abu Dhabi (SCAD) has released the Gross Domestic Product (GDP) estimates report for 2022, revealing that Abu Dhabi’s economy grew by 9.3% by the end of the year, making it the fastest-growing economy in the Middle East and North Africa (MENA) region. The report attributes this......