• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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The disruption to daily life created by the pandemic has precipitated an acceleration of the digital transformation process already under way in the corporate sector in Qatar, with private firms waking up to the potential to enhance productivity and generate new revenue streams through digital solutions.

While Asia witnessed a return to growth following the economic uncertainty of 2020, a number of factors such as supply chain bottlenecks, weak global demand and the persistence of Covid-19 somewhat hindered the region’s economic recovery in 2021.

Economic zones in Africa have had a significant impact on trade volumes across the continent, as well as on job creation and foreign direct investment inflows.

Oman’s post-pandemic priorities are focused on developing the private sector, accelerating diversification and reducing the national deficit.

Yacine Oualid, minister of the knowledge economy and start-ups for Algeria, answered questions from Oxford Business Group (OBG) in a video interview.

After remaining resilient in 2020, the Islamic finance segment is performing strongly this year, as an improved economic environment, a rise in the number of large projects and an increased focus on environmental, social and governance (ESG) factors combine to drive demand.

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