The GCC economies are expected to post stronger growth over the next two years, supported by higher oil output and resilient non-oil activity. This is according to the ICAEW’s Economic Insight Q3 2025 report.
Regional GDP is forecast to expand by 4.1% in 2025 which is almost twice as fast as last year’s pace. It’s expected to quicken to 4.6% in 2026.
Both the UAE and Saudi Arabia were key drivers in economic resilience through non-oil momentum.
Gulf Economist Staff Writer