Mastercard Economics Institute’s Economic Outlook for 2023: Saudi Arabia defies global dip in housing-related spending
- Date: 28-Dec-2022
- Source: Eye of…
- Sector:Economy
- Country:Saudi Arabia
Mastercard Economics Institute’s Economic Outlook for 2023: Saudi Arabia defies global dip in housing-related spending
The Mastercard Economics Institute released its annual forecast for the coming year, which shows how a new multi-speed global economy will affect growth and consumer spending behavior. The report indicates that some markets will feel the impact of inflation and rising interest rates more keenly.
On the flip side, unemployment rates are projected to decline in several countries, including Saudi Arabia (KSA) and the UAE, signaling more resilience for jobseekers.
Economic Outlook 2023’ draws on a multitude of public and proprietary data sets, as well as models that are intended to estimate economic activity across the Eastern Europe, Middle East and Africa (EEMEA) region.
The report explores four themes that will continue to shape the global economic environment — high interest rates and housing, trading down and shopping, prices and preferences, and shocks and omnichannel.
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🇷🇺🇸🇦📞 President Putin & Crown Prince of Saudi Arabia Mohammed bin Salman Al Saud spoke over the phone.
Development of bilateral cooperation, as well as cooperation within the OPEC+ group to provide the stability of global oil market were discussed.
🔗 http://is.gd/HaQmoG
🛢️ “While Middle Eastern ministers speak of energy diversification, circular carbon economies and the essential need to increase oil and natural gas production to meet the requirements of a growing global population.” 🌏
👉 http://ow.ly/mER150MzovH
@financialpost
#naturalgas
We're excited to share video highlights and a special report from the #GSDCongress, hosted in partnership with the @UofGlasgow last October! Read it here: https://bit.ly/40cCoeK
Join us on 30 May-1 June 2023 at KAUST in Saudi Arabia as we continue these crucial conversations.
The US exercising its monetary power to match its broader interests has created incentives for other countries to withdraw from the dollar-centred international monetary system – argues @meadwaj
https://www.opendemocracy.net/en/oureconomy/end-dollar-dominated-global-economy-bretton-russia-ukraine-china-saudi-arabia/
Saudi Arabia anunció en Septiembre 2022 una inversión de US$38B para convertirse en el HUB global de eSports.
Esta gigante industria de US$200 Billones de deportes electrónicos atrae a más espectadores que el Super Bowl y se espera que crezca aún.
https://www.japantimes.co.jp/sports/2022/09/30/more-sports/saudi-arabia-esports/
"In the first half of 2022, #VC investments in Saudi Arabia experienced a 244% increase, contradicting the decline of global trends. Which shows great and rising potential for future #investments in the Saudi market". -Robert Siegel
OIL MARKET: Russian President Vladimir Putin phoned Saudi Arabia Crown Prince Mohammed bin Salman, per Kremlin read-out.
Putin and Prince Mohammed discussed "cooperation within OPEC+ to provide the stability of global oil market" | #OOTT 🇷🇺⛽️🇸🇦 http://kremlin.ru/events/president/news/70415
And so it begins…
It seems that a collapse of the U.S. Dollar is already in motion.
As such, the U.S. currency will be dethroned as being the global “Petro-dollar” trade mechanism. https://www.zerohedge.com/markets/dollar-collapse-now-motion-saudi-arabia-signals-end-petro-status
🚨SAUDI ARABIA🇸🇦 is ready to TRADE in other currencies!! 💥
Making the PETRODOLLAR OBSOLETE!🤯💵
This is the only reason the US dollar is the global reserve currency.
THIS is HUGE against the NEW WORLD ORDER!⚡️
CABAL are SCARED!💥
Ruble
Rupee
Descentralization!🤘🤘
A new, great #achievement for #flyadeal ✈️
We have been recognized as the “Best Workplace Environment For Women - Aviation in Saudi Arabia 2022” by Global Business Outlook.
KPMG Saudi Arabia, has published the results of its 2022 global annual Customer Experience Excellence (CEE) survey.
https://tinyurl.com/mu6t2avn
@KPMGSaudiArabia
#grocery #Financial #SaudiArabia #customerexperience #restaurants
Check out the following image on Shutterstock - A global marketplace for creativity: https://www.shutterstock.com/image-photo/2247885185 #Riyadh #SaudiArabia
S&P Global Ratings said on Monday that rapid credit growth in Saudi Arabia has reduced banking liquidity and it was unclear whether the government would boost deposits with the banking system to lessen pressure.
https://www.brecorder.com/news/40223304/rapid-credit-growth-has-hit-saudi-banks-liquidity-says-sampp
#SPGlobalRatings #SaudiArabia #growth
Saudi Women are Now Healthiest among Arab World
Saudi Arabia tops the Hologic Global Women’s Health Index’s 2021 report, placed ahead of the UK. Saudi is position 28th, the highest ranking for nations in the Arab world
#womenshealth #GlobalWomensHealthIndex
Some of PFI's most viewed stories from last week:
➡️ Marguerite plans 2GW PV
➡️ Saudi Arabia – IPP rentendered
➡️ Polish offshore wind gets going
For more global project finance news, data and deals, visit http://pfie.com.
Curtis is represented by Partner Stuart Davies at the LEAP 2023 in Riyadh, a global tech conference, focusing on the technological innovations, start-ups, VC investments and SMEs in the Kingdom of Saudi Arabia.
More information at the link below.
https://www.curtis.com/our-firm/news/partner-stuart-davies-to-attend-leap-a-global-tech-event-in-riyadh-saudi-arabia-from-february-6-9
Global Hunger Index Rank - 2022:
1.🇧🇾Belarus
4.🇨🇳China
16.🇹🇷Turkey
18.🇦🇪United Arab Emirates
20.🇧🇷Brazil
28.🇷🇺Russia
29.🇮🇷Iran
30.🇸🇦Saudi Arabia
31.🇦🇷Argentina
36.🇺🇦Ukraine
42.🇲🇽Mexico
55.🇻🇳Vietnam
64.🇱🇰Sri Lanka
66.🇮🇶Iraq
77.🇮🇩Indonesia
81.🇳🇵Nepal
84.🇧🇩Bangladesh
(1/2)
#Saudi_Arabia leads Middle East buyers of prime property in central #London, which reached a four-year high for the region in the second half of 2022, according to the global property firm Knight Frank.
@KnightFrankME
#ArabiskLondonMagazine #ArabiskLondon #UK #Britin #London
Or visit ebay https://ebay.us/9WeRVx || Music festival tickets worldwide ! #edm #hiphop #jazz #soulmusic #funkmusic #audio #beatmakers || Riyadh's Saudi Design Festival to go global - Arab News https://news.google.com/__i/rss/rd/articles/CBMiMmh0dHBzOi8vd3d3LmFyYWJuZXdzLmNvbS9ub2RlLzIyNDAxNzYvc2F1ZGktYXJhYmlh0gEpaHR0cHM6Ly93d3cuYXJhYm5ld3MuY29tL25vZGUvMjI0MDE3Ni9hbXA?oc=5
Shameless by @Camila_Cabello has re-entered Shazam charts around the world. It is at #173 on the Global Chart and:
#61. (+36) Saudi Arabia
#76. (+83) Ukraine
#80. (+76) Belarus
#85. (+57) Romania
#91. (+76) Germany
#95. (+70) Bulgaria
#116. (NE) Austria
#132. (NE) Poland
1. Brazil is The "B" in the BRICS trade/military support cadre. BRICS has been dedicated for >20 yrs to destabilize major Western trading nations & replace the USD as the top global reserve currency.
Saudi Arabia just opened oil sales to many currencies.
https://www.youtube.com/watch?v=P32DraFbZyM&ab_channel=JoeBlogs
Saudi Arabia emphasizes national pride, with global implications https://wapo.st/3WZFTmB
Saudi Arabia emphasizes national pride, with global implications
Saudi pride is at the forefront of a social and economic transformation in the kingdom, grounded in a more explicit express...
Saudi Arabia is undergoing a transformation. The man helming it is none other than Mohammed bin Salman, the Crown Prince, now also their PM. Is he succeeding? Can Saudi Arabia become a global hub for sports and entertainment, investment destination? Watch.https://youtu.be/PVaJLqwgrZU
Join the UN Global Compact Network in Saudi Arabia & make a positive impact! Align your business with the UN Sustainable Development Goals #SDGs #BusinessForGood #Sustainability #UnitedNations
Heartiest Congratulations to Fahad Al Mohammed Chartered FCIPD FCPHR,Change Practitioner,SBP,CODP HR Head, Al Anwa Investment, Saudi Arabia, for winning the Global Corporate Epic Awards 2022 from GOS-Global Society for HCM- GSHCM.
https://www.linkedin.com/posts/gshcm_gshcmawards-gshcm-hrmajlis-activity-7024334907766157313-v2j2?utm_source=share&utm_medium=member_desktop
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