The GCC is expected to see moderate economic growth in 2025, with the World Bank forecasting a regional average of 3.2%, rising to 4.5% in 2026.
The outlook, detailed in the latest Gulf Economic Update, highlights the importance of strategic fiscal policies, targeted investments, and a focus on innovation and job creation.
Despite oil price volatility and rising fiscal deficits in some countries, the report praises ongoing efforts toward economic diversification and long-term stability.
Gulf Economist Staff Writer