Gulf economies set for 10.3% rebound in 2027 if oil flows rebound: World Bank

Middle East conflict to contract regional output by 2.1% in 2026: WB

WASHINGTON - The conflict that began in February 2026 continues to impose serious economic costs across the Middle East, North Africa, Afghanistan and Pakistan (MENAAP), with regional output projected to contract by 2.

Gulf economies set for 10.3% rebound in 2027 if oil flows rebound: World Bank

RIYADH: Gulf economies could rebound sharply in 2027, with the World Bank forecasting 10.3 percent growth if the Iran conflict does not escalate this year. The organization made the claim on the basis that oil production and shipping return to normal from early 2027, with trade, tourism and domestic activity also looking to bounce back following the disruption caused by the US-led ward. The impact of the conflict, which has led to extensive disr…

Gulf Economies Could Grow 10.3% in 2027 as Iran Conflict Disruption Eases: World Bank - Khaleej Mag

Gulf economies could stage a strong recovery in 2027 if the conflict involving Iran does not escalate before the end of this year, with the World Bank forecasting combined growth of 10.3 percent as oil production, shipping and wider economic activity return to normal. The projection is based on an assumption that oil output and […]