Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
 Report: $ 44 trillion assets owned by the Gulf States I_icon_minitimeYesterday at 6:02 am by Ditartyn

» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
 Report: $ 44 trillion assets owned by the Gulf States I_icon_minitimeSat Mar 23, 2024 9:25 am by swizzlestick

» ZIGPLACE
 Report: $ 44 trillion assets owned by the Gulf States I_icon_minitimeWed Mar 20, 2024 6:29 am by Zig

» CBD Vape Cartridges
 Report: $ 44 trillion assets owned by the Gulf States I_icon_minitimeThu Mar 07, 2024 2:10 pm by Arendac

» Classic Tony is back
 Report: $ 44 trillion assets owned by the Gulf States I_icon_minitimeTue Mar 05, 2024 2:53 pm by Mission1st

» THE MUSINGS OF A MADMAN
 Report: $ 44 trillion assets owned by the Gulf States I_icon_minitimeMon Mar 04, 2024 11:40 am by Arendac

»  Minister of Transport: We do not have authority over any airport in Iraq
 Report: $ 44 trillion assets owned by the Gulf States I_icon_minitimeMon Mar 04, 2024 11:40 am by Verina

» Did Okie Die?
 Report: $ 44 trillion assets owned by the Gulf States I_icon_minitimeMon Mar 04, 2024 11:34 am by Arendac

» Hello all, I’m new
 Report: $ 44 trillion assets owned by the Gulf States I_icon_minitimeWed Jan 31, 2024 8:46 pm by Jonny_5

» The Renfrows: Prophets for Profits, Happy Anniversary!
 Report: $ 44 trillion assets owned by the Gulf States I_icon_minitimeWed Jan 31, 2024 6:46 pm by Mission1st

» What Happens when Cancer is treated with Cannabis? VIDEO
 Report: $ 44 trillion assets owned by the Gulf States I_icon_minitimeWed Jan 31, 2024 8:58 am by MadisonParrish

» An Awesome talk between Tucker and Russell Brand
 Report: $ 44 trillion assets owned by the Gulf States I_icon_minitimeWed Jan 31, 2024 12:16 am by kenlej

» Trafficking in children
 Report: $ 44 trillion assets owned by the Gulf States I_icon_minitimeMon Jan 29, 2024 7:43 pm by kenlej

» The second American Revolution has begun, God Bless Texas
 Report: $ 44 trillion assets owned by the Gulf States I_icon_minitimeMon Jan 29, 2024 6:13 pm by kenlej

» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
 Report: $ 44 trillion assets owned by the Gulf States I_icon_minitimeSun Jan 28, 2024 3:28 pm by Mission1st

» Tucker talking Canada
 Report: $ 44 trillion assets owned by the Gulf States I_icon_minitimeWed Jan 24, 2024 6:50 pm by kenlej

» Almost to the end The goodguys are winning
 Report: $ 44 trillion assets owned by the Gulf States I_icon_minitimeMon Jan 22, 2024 9:03 pm by kenlej

» Dinar Daily Facebook Page
 Report: $ 44 trillion assets owned by the Gulf States I_icon_minitimeMon Jan 22, 2024 3:34 pm by Ponee

» The Fundamentals of Finance and Pimpy Live
 Report: $ 44 trillion assets owned by the Gulf States I_icon_minitimeThu Jan 18, 2024 7:17 am by Dinarhater

» Why Won't the Iraqi Dinar Scam Die?
 Report: $ 44 trillion assets owned by the Gulf States I_icon_minitimeWed Jan 17, 2024 5:19 pm by RamblerNash

Report: $ 44 trillion assets owned by the Gulf States

Go down

 Report: $ 44 trillion assets owned by the Gulf States Empty Report: $ 44 trillion assets owned by the Gulf States

Post by claud39 Sat Jul 06, 2019 7:24 am

 Report: $ 44 trillion assets owned by the Gulf States


07/04/2019



 Report: $ 44 trillion assets owned by the Gulf States 16065




Economy News Baghdad



The Gulf states have liquid and semi-liquid assets worth $ 43.7 trillion, according to a recent economic report by Oliver Wyman.
The report said the assets were distributed by $ 3.3 trillion concentrated in sovereign wealth funds, and about $ 40.4 trillion in proven reserves of oil and gas.
According to the report, "Gulf Arab Economies - A Wealth of Assets, Opportunities and Economic Transformation", the GCC per capita is estimated at $ 841 million.
The report said government revenues in the Gulf are heavily dependent on oil and gas sales, which has been going on so far.
He pointed out that the economic initiatives studied, such as the introduction of value added tax in the UAE, Saudi Arabia and Bahrain recently, supported the efforts to diversify sources of economy.
He noted that the huge surpluses in the current accounts of the Gulf countries, with low levels of debt, is one of the economic fundamentals of the Gulf, which made it one of the strongest economies in the world.
The report pointed out that most of the Gulf countries have embarked on ambitious programs of transformation and diversification to reduce the contribution of the oil and gas sector in the GDP of the GCC.
He added that the UAE is a leading country in the region in the field of change and transformation and ambitious programs, with a diversified economy, where oil and gas represent only 30 percent of the country's GDP.
The report also pointed to Saudi Arabia and its leadership in the region, where its economy accounts for nearly half of the GDP of the GCC countries, pointing out that the Kingdom is also trying to shift economically and not focus on oil altogether.
The report sees a growing population and multiple economic needs as a powerful driving force for the region by substituting total dependence on the oil sector and channeling greater capital investments into more diversified sectors to meet those needs.





http://economy-news.net/content.php?id=17136
claud39
claud39
Elite Member
Elite Member

Posts : 18423
Join date : 2018-11-04

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum