Middle East Non-Oil Growth Doubts

Middle East Non-Oil Growth Doubts

Assessment

Interactive Video

Business, Architecture

University

Hard

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The transcript discusses the impact of slower economic growth on Middle Eastern economies, particularly focusing on job creation challenges. It highlights Saudi Arabia's ambitious plans to diversify its economy beyond oil, including transforming Ramco and creating a sovereign wealth fund. The conversation shifts to the currency market, examining how oil prices influence currencies like the Norwegian kroner and Canadian dollar, while noting the reduced dependency of some G10 currencies on oil.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How is slower growth expected to impact job creation in Middle Eastern economies?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the main consequences of the projected growth rate of 3.5% to 4% in Middle Eastern economies?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What plans does Saudi Arabia have for diversifying its economy in the post-oil era?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the Deputy Crown Prince of Saudi Arabia envision the future of Aramco?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contribute to the resilience of the Norwegian kroner in the context of oil price fluctuations?

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