The GDP of Saudi Arabia is projected to grow by 3.7% y-o-y in 2025, continuing to outperform global GDP growth, which is forecast at 3.2% – Read More
Kuwait’s economy remains in recession due to the production cuts announced by OPEC+ nations, but a recovery has begun in the Read More
Weighed down by oil production cuts, the UAE’s GDP growth forecast stands at 3.7% in 2024 and a gradual hike will help its Read More
Qatar’s economy has shown signs of a gradual rebound as its real GDP growth declined from 4.2% in 2022 to 1.2% percent in 2023, mainly Read More
The all-pervading Artificial Intelligence (AI) technology, which has the potential to contribute up to $15.7 trillion to the global economy in the next Read More
Dubai’s aviation sector, comprising Emirates Group, Dubai Airports (including Dubai World Central – Al Makthoum airports, and Dubai International), and other aviation Read More
Bahrain’s economic growth is anticipated to remain at 3% in 2024 and rise to 3.5% in 2025, with the completion of refinery upgrades in the Read More
Based on advance estimates, the Singapore economy grew 4.1% on a y-o-y basis in the third quarter of 2024, extending the 2.9% growth in the Read More
The real GDP of Kuwait, one of the major oil exporters in the GCC region, will contract by a further 3.2% in 2024 due Read More
Supported by improvements in the oil sector, the Central Bank of UAE (CBUAE) has revised up its forecast for the country’s Read More