This year the region isn’t just growing, it’s redefining its place on the world stage
GCC economic outlook
Latest in GCC economic outlook
budget surplus
Gulf economies resilient in 2025 as fiscal surpluses persist despite lower oil prices: Fitch
While regional geopolitical risks remain significant, the GCC economies appear well-positioned to maintain stability, supported by prudent fiscal management and ongoing economic diversification efforts
GCC economic growth
GCC economic growth to double in 2025 as oil cuts unwind, report finds
The forecast comes as high-frequency indicators show continued economic resilience across the region
crude oil output
Reversal of oil cuts to fuel GCC growth in 2025: ICAEW report
The GCC region is poised for a significant rebound, with growth projected to more than double to 4.4% in 2025
GCC
Strong non-oil growth helps GCC economies thrive as region seeks AI boom and investment in Egypt
GCC countries display strong non-oil growth amid looming uncertainties
Business activity
UAE leads Gulf in geopolitical readiness, Saudi Arabia drives ESG push: Experts
Gulf executives remain optimistic about the economy despite talent shortages, with UAE firms excelling in geopolitical readiness and Saudi Arabia championing ESG initiatives
GCC economic outlook
GCC non-energy growth remains resilient despite oil output cuts: Report
The report by Oxford Economics, however, has revised down its growth forecast for the GCC region to 2.2% from 2.7% three months ago
GCC economic outlook
Gulf economic growth dampened by oil cuts but Saudi Arabia, UAE stand strong: Report
GDP growth projections for Saudi Arabia and the UAE have been revised to 2.1 percent and 4.4 percent, respectively, down from 4.4 percent and 4.8 percent three months ago
GCC economic growth
Competition for FDI will frame the GCC trade and investment landscape in 2024
The GCC always has the power to surprise, confound and intrigue, and expect 2024 to be no different
GCC businesses
GCC 2024: 5 reasons to start a business in the New Year
Choosing to start a business out here is not just a strategic move – it’s a decision to embrace a dynamic and forward-thinking business environment
economic outlook
GCC economic outlook downgraded due to oil output cuts: ICAEW
Projections for GCC growth this year have been scaled back by 0.5 percentage points to 1.4 percent
GCC economic growth
The good, the bad, and the strange
Global growth is stronger than expected, but there is a price attached to it: more monetary tightening in the West. As top-down factors are clearly in the driving seat, most asset classes took note… with nuances.
Arab world
2023: A year when the Arab world will take centre stage
It is easy to see why the GCC countries will strengthen their economic powerhouse status over the next decade
GCC businesses
The Middle East is poised to reap a trade bonanza in 2023
Several trends in the region are driving its importance as a hub for global trade
business leaders
UAE, Saudi bosses say 2023 will be a good year: Report
The report comprised of 250 business leaders from across the UAE and Saudi Arabia
GCC
GCC Economic and Development Affairs Authority Committee meets in Riyadh on Monday
The current meeting is seen as a step toward achieving the GCC customs union and common market milestones to achieve GCC economic unity
Economic activity
UAE to outpace Saudi Arabia as fastest growing economy in Gulf in 2023: IMF
The projections come as the global economy faces inflationary turbulence