PwC Middle East forecasts GCC growth of 3.9% in 2025 and 4.4% in 2026, driven by non-oil sectors and expanding global trade, even as lower oil prices test fiscal resilience
gcc economy
Saudi recovery and diversification to anchor GCC growth amid mixed global outlook – report
Global growth is expected to remain steady but subdued through 2026 and 2027, with Saudi Arabia’s oil rebound and diversification efforts set to drive the Gulf’s resilience, says Moody’s Ratings
GCC economy grows 3.1 per cent to $466bn in Q1 2025 as non-oil sectors surge
GCC real GDP rose 3.1 per cent to $466.2bn in Q1 2025, driven by strong non-oil growth, which accounted for 73.2 per cent of the total
Gulf markets watch Washington’s dysfunction as US shutdown drags on
From delayed Fed decisions to potential shifts in sovereign wealth priorities and IPO sentiment across the Gulf, the ripple effects of Washington’s impasse are hard to ignore
GCC banks post strong H1 2025 results with 13.2% ROE despite margin pressure
GCC banks delivered solid H1 2025 results with 13.2 per cent ROE, stronger asset quality and capital, but face tighter liquidity
GCC GDP hits $587.8bn in Q4 2024 with 1.5% growth rate
The data showed that non-oil activities contributed 77.9 per cent to the GCC’s nominal GDP by the end of the fourth quarter of 2024
GCC government spending to pass $542bn this year
GCC countries expected to spend over $542bn on revenues of $487bn this year
Analysis: Will Gulf economies feel the heat from Trump’s tariffs?
Regional analysts predict limited direct effects but warn of broader economic fallout if global slowdown hits oil demand
GCC economy set for 4% growth in 2025 amid global uncertainty: ICAEW
The Middle East GDP is also forecast to see a growth of 3.3% this year
Gulf-Asia corridor: The $578bn economic powerhouse reshaping global investment flows
HSBC top brass and regional leaders share exclusive insights with Arabian Business on the sidelines of the HSBC MENAT Future Forum
Non-oil sector to drive resilience of GCC economies in 2025, report finds
Despite a projected slowdown in global growth to 3.1% from 3.2%, the GCC is expected to outperform, driven by resilient non-oil sector growth and strategic investments
2025: A year of transformative growth for the GCC
This year the region isn’t just growing, it’s redefining its place on the world stage
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
Gulf region is world’s ‘most ambitious economic reform story,’ says Templeton executive at FII 2024
Despite regional geopolitical tensions, investment risks in Gulf markets remain well-contained, with key markets maintaining stability, says Bassel Khatoun
GCC economy to grow 4.4% in 2025: report
GCC economic growth will more than double next year according to an Oxford Economics report
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
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