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Supplement

Middle East Supplement 2019

Tighter fiscal policies and oil-output cuts agreed to by the Organization of Petroleum Exporting Countries (OPEC), plus Russia, could cause economic growth in the Middle East region to slow this year. Favorable demographics will underpin long-term growth in the decades ahead, but productivity gains will be slow, economists say. Despite efforts to diversify their economies, the Arab Gulf countries will remain reliant on their oil and gas sectors for years to come.
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Transformation for a New Market Reality

Disruptive forces are increasingly defining Russia’s banking landscape. Amid the rapid pace of digitalisation, business models – and customer expectations – are changing. Corporate initiatives to create their own ecosystems have focused on identifying synergies and new niches, developing products ...
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Green Finance for a Greener Future

As companies globally are developing ESG strategies to address climate change, Postal Savings Bank of China (PSBC) has put environmental protection at the center of its banking, governance, and operational strategy, with significant initiatives for developing green finance and reducing ...
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