COVID took heavy toll on Oman’s economy in 2020: IMF Staff Report

Dubai: The economic shocks from COVID-19 took a heavy toll on the economy in 2020, despite rapid government response, according to a recent staff report from the International Monetary Fund (IMF). Overall GDP contracted by 6.4 per cent (revised up from the previous IMF forecast of a contraction of 10 per cent), with non-hydrocarbon GDP […]

Portugal’s Golden Visa applications stay flat in 2020 despite Covid-19

While the world reeled from the Covid-19 pandemic in 2020, it remained business as usual for Portugal’s citizenship by investment offering – the Golden Visa (GV) programme. Over the past two to three years, the GV programme has grown rapidly in popularity as applicants became increasingly aware of its competitive price points for property, said […]