High-frequency data paints a positive outlook for non-energy sectors across the GCC even as extended oil production curbs are predicted to show down the economy. Within the GCC, Bahrain continues to ...

GCC countries ranked first in global energy indicators and first in crude oil production, crude oil reserves, crude oil exports and natural gas reserves. Additionally, the GCC countries ranked second ...

Okun’s Law is sensitive to measured unemployment, not to underemployment or informality. In MENA, this distinction is decisive. Employment can rise while poverty persists and GDP stagnates, creating ...

The report noted the favorable level of GCC inflation in recent months, due to a decline in food and fuel prices. Image: Shutterstock The latest Economic Insight report for the Middle East has ...

The GCC's non-oil sector will remain the key growth driver for the region in 2024 and beyond while the overall GDP is expected to slow to 2.2 per cent as the oil output is projected to shrink due to ...

Oil-producing Gulf countries will be the main beneficiaries of a recent decision by Opec members to hike crude production by one million barrels per day, analysts said. According to Monica Malik, ...

12 July 2012 JEDDAH - The Gulf Cooperation Council (GCC) will boost their share of global aluminum output to 15 percent by the end of the decade, the Gulf Organization for Industrial Consulting (GOIC) ...

Oxford Economics, an economic think-tank, has revised its growth forecast for the GCC region to 2.2 percent from 2.7 percent three months ago. The lower growth rate is due to the slow recovery for the ...