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GCC economy to grow at 4.5% in 2025 on oil support

Summary by AGBI
The GDP of the six Gulf Cooperation Council (GCC) countries is forecast to grow at a higher pace in 2025 to reach 4.5 percent. While the regional GDP is expected to grow by 3.7 percent in 2024, it will stabilise at 3.5 percent in 2026, the UAE state-run Wam news agency reported, quoting a Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat) report. The expected growth by the six members – Saudi Arabia, the…
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