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GCC economy will stay resilient this year: StanChartThe Gulf Cooperation Council (GCC) is expected to remain a bright spot for global growth in 2025, according to a Standard Chartered report. Despite a projected slowdown in global growth to 3.1% from 3.2%, the G More… |
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GCC economies to grow over 14.5pc in 2021: ReportThe economies of the GCC countries will witness a significant increase of 14.51 per cent this year, said a report released by Orient Planet Research (OPR), the market research unit of the Orient Planet Group (OPG). The nomin More… |
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GCC economic growth seen at 3.2pc in 2020GCC’s economic growth is projected to reach 3.2 per cent in 2020 and stabilize to 2.7 per cent in 2021 as compared to 2.1 per cent in 2019, said the organisers of the upcoming Gulf Trade Finance Summit in Dubai, citing a World Bank report. More… |
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GCC to see marginal economic growth in 2019: ICAEWThe GCC is expected to post economic growth of 2.3 per cent in 2019, a marginal improvement on the previous year of 0.3 percentage points, according to ICAEW’s latest Economic Insight report. The GCC economy will be weighed More… |
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Bahrain non-oil sector beats expectations with 4.8pc growthThe growth momentum of the Bahraini economy has continued to exceed expectations, with the annual pace of growth in the non-oil sector reaching 4.8 per cent in the first nine months of 2017, said the Bahrain Economic Development Board (EDB). More… |
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Access to finance ‘critical to GCC economies’As lower oil prices affect the role played by governments as direct and indirect drivers of GCC business investment, ensuring companies’ access to finance is becoming critical, according to a new ICAEW report. This requires More… |
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Access to finance ‘critical to GCC economies’As lower oil prices affect the role played by governments as direct and indirect drivers of GCC business investment, ensuring companies’ access to finance is becoming critical, according to a new ICAEW report. This requires More… |
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HNWIs positive about GCC economic progressHigh net worth individuals (HNWIs) in the GCC are more positive about the economic situation in the Gulf region than globally, a report said. High net worth individuals (HNWIs) in the GCC are more positive about the economic situa More… |
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GCC economy set to grow 4.5pc in 2014-15: IMFThe GCC economies have been amongst the best performing in the world in recent years, and are expected to grow 4.5 per cent in 2014-15, said Christine Lagarde, managing director of the International Monetary Fund (IMF). “Par More… |
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GDP growth in GCC seen slowing downReal and nominal GDP growth rates in the GCC are expected to slow down in 2012 because oil production and price are not expected to be higher than last year, according to a leading economist. There may be a reduction in GCC oil output as L More… |
