Analysts are concerned that the US economy is heading toward a recession. In a recent article in Al Arabiya, Dr. Omar Al Ubaydli suggests that Saudi policymakers should prepare for the fallout by continuing to diversify the economy away from oil, while building links to ensure good relations with the next US administration, regardless of political party.
Dr. Omar Al-Ubaydli
In the last five years especially, the government of Saudi Arabia has taken substantive steps to get women into the workforce. Dr. Omar Al Ubaydli notes that ‘the variety and depth of the reforms is remarkable, and indicates a methodical approach to reversing one of the lowest rates in the world’ ……..
Gulf countries have announced $125 billion of new projects during the first half of 2019. Dr. Omar Al-Ubaydli looks into the pros and cons of investments into such construction projects and at whether these will reap economic benefits further down the line.
With Boris Johnson expected to be voted in as prime minister, Dr. Omar Al Ubaydli looks at how the victory will increase the likelihood of a no-deal Brexit, and potentially present new economic opportunities for the Gulf states.
As part of its Belt and Road Initiative (BRI), China has been offering many countries foreign aid in the guise of loans to build critical infrastructure. Dr. Omar Al Ubaidly discusses the impacts of this policy …..
The importance of Free Trade Agreements (FTAs) are discussed by Dr. Omar Al Ubaidydli following the recent Gulf-German Forum on security and cooperation, organized by the German Federal Academy for Security Policy and the German-Arab Friendship Association
Following an article that sampled civic honesty, Dr. Omar Al Ubaydli notes the importance of trust and honesty to a thriving economy. The article ranked a sample of 40 countries in civic honesty, where people voluntarily refrain from opportunistic behavior and which saw Arab and Islamic countries dominate the lowest rankings.
In an article on migrants in the GCC countries in the Deutsche Welle, the impact of drives to wean a reliance on foreign labor in Saudi Arabia is discussed with Dr. Omar Al-Ubaydli, Director of Research who confirmed that there has been, “large-scale worker repatriation” from the Gulf’s most populous country”.
The Bahrain Economic Association (BEA) organized a seminar on Tuesday 18th June, 2019, entiled, ‘What are the best investments in the oil and gas sector during the next five years?’. which was moderated by Dr. Omar Al Ubaydli, Deputy Chairman of the Association and Research Director at DERASAT.
Dr. Omar Al Ubaydli discusses the impacts of increasing certain wages in noting that an increase in public sector salaries should be in a very narrow range, and should be applied in a carefully selected group of jobs….