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Saudi Arabia forecasts lower growth, revenue for 2023 amid uncertain global economic outlook

Saudi Arabia forecasts lower growth, revenue for 2023 amid uncertain global economic outlook
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Saudi arabiaInternational monetary fundSaudi riyalsRiyadh based al rajhi capitalDated brentPrince abdulaziz

Sale of Covid-19 cover to travellers from Saudi Arabia likely to boost kingdom s insurance sector

Insurers received regulatory approval this month to start selling products that provide cover from Covid-19 infection risk to Saudi Arabian citizens travelling abroad

Saudi arabiaAr riyaPritish devassyCouncil of cooperative health insuranceCentral bankSaudi central bankRiyadh based al rajhi capitalCooperative health insuranceSarmad khanசவுதி அரேபியாஆர் ரியாசபை ஆஃப் கூட்டுறவு ஆரோக்கியம் காப்பீடுமைய வங்கிசவுதி மைய வங்கிகூட்டுறவு ஆரோக்கியம் காப்பீடு

Prince Abdulaziz says OPEC+ committed to stable oil market, even with disagreements

Prince Abdulaziz says OPEC+ committed to stable oil market, even with disagreements Despite differing views on the pandemic, the OPEC+ alliance will continue to manage the oil market, Saudi energy minister Prince Abdulaziz bin Salman said Dec. 17. “We are talking about stable markets, sustainable markets that support investment and development,” he said at a forum to discuss Saudi Arabia’s 2021 budget. OPEC and its allies, led by Russia, have over the course of 2020 laid bare their opposing philosophies on how to deal with the coronavirus pandemic in a series of fractious meetings over production quotas. Prince Abdulaziz said Saudi Arabia’s preference is to remain proactive in cutting supply to stay ahead of any demand slumps, as the pandemic continues to rage in western countries.

Saudi arabiaPrince abdulazizRiyadh based al rajhi capitalசவுதி அரேபியாப்ரிந்ஸ் அப்துலஜிஸ்