Saudi Arabia advances 5 places globally in energy transition index Saudi Arabia has jumped five places in the global Energy Transition Index (ETI) for the year 2021, according to the World Economic Forum’s Fostering Effective Energy Transition 2021 report published on April, 27, Saudi Gazette reports. According to the report, the Kingdom now ranks 81st […]
The cascading effect of the ‘Great Lockdown’ disrupted global supply chains and commercial activity. It caused a cumulative loss of around $4 trillion of economic output in the global economy, shrinking global GDP by 4.4% in 2020, according to an IMF report. As Jaykhosh Chidambaran states in his article, despite timely government intervention with fiscal […]
