RaboResearch - Economic Research

Special Dutch version

The GCC: going cold turkey on oil?

The oil-rich Gulf Cooperation Council (GCC) countries suffer from the oil price slump while diversification will prove difficult. In the short-run, the necessary budgetary consolidation Oman, Bahrain and Saudi Arabia will weigh on political risk.

Country Report

Country Report Saudi Arabia

Economic growth has slowed down and government finances have deteriorated quickly as a result of lower oil prices. After his accession, King Salman has made major changes to the leadership that have consolidated power in the Sudairi clan.