Accelerating Dubai Industrial Expansion through Strategy

Organization news and financial news, analysis, viewpoint and statistics covering the 6 Gulf Corporation Council members Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE

ANSR July GCC PRs 50DR+

Economic growth throughout the Gulf Cooperation Council (GCC) is set to speed up in 2026, with the area forecasted to exceed its 2025 efficiency regardless of muted oil revenues and continuous worldwide uncertainties. According to a new Oxford Economics research study instruction, GCC GDP development is anticipated to rise to 4.4 per cent in 2026, up from 4 per cent in 2025, reflecting a durable nonenergy sector, strong consumer dynamics, and gradually improving oil output.

The most current projections recommend that Gulf economies are now wellpositioned to gain back momentum, buoyed by reinforcing domestic need and a broadly consistent global backdrop. The report highlights GCC customers as a significant motorist of the area's financial performance heading into next year. Low inflation, robust labour markets, and growing real non reusable earnings are expected to fuel a surge in consumer costs across the Gulf.

Credit growth is likewise anticipated to remain elevated as access to monetary services expands. With GCC central banks anticipated to follow awaited United States Federal Reserve rate cuts due to the region's dollar pegs, borrowing expenses are most likely to decline, giving households and organizations even more motivation to spend and invest. While the nonoil sector continues to anchor the area's resilience, the GCC's hydrocarbon outlook presents a blended image.

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This could weigh on firsthalf growth, particularly for economies more depending on oil extraction. However, Oxford Economics forecasts a rebound later in 2026, with Opec+ members anticipated to resume raising production as inventories tighten up and worldwide demand improves. Qatar, meanwhile, stands apart as a regional outperformer, with considerable growths in gas production and exports expected to raise its total financial performance.

Saudi Arabia's 2026 budget anticipates a 6 per cent cut in capital investment as the kingdom intends to narrow its financial deficit by 2 percentage points. Nevertheless, the report notes that these cuts might not materialise totally if countercyclical spending measures are activated to support growth. By contrast, more varied economies such as the UAE and Qatar are expected to continue advancing their advancement programs.

In spite of shortterm threats tied to oil rates and global demand, the GCC's 2026 financial outlook is specified by strength in basics: resistant consumers, robust nonenergy sectors, enhancing oil characteristics, and tactical financial preparation. With these elements lining up, the area is preparing for one of its most well balanced periods of growth recently anchored by a clear upward trajectory in GDP development.

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RIYADH: Gulf Cooperation Council local economies are expected to stay resilient in 2026, driven by strong domestic need and a broadly constant worldwide economy, according to an analysis. In its most current report, Oxford Economics highlighted that the real gdp of the GCC region is expected to expand by 4.4 percent in 2026, up from the forecasted 4 percent this year.

We anticipate GCC development will rise to 4.4 percent in 2026, from 4 percent this year."In November, the GCC Statistical Center said that economic development in the area is set to accelerate to 4.3 percent by 2027, driven by expanding non-oil sectors.

ANSR July GCC PRs 50DR+

Non-oil activities accounted for 73.2 percent of overall GDP, up from 70.6 percent at the end of 2024, highlighting the region's continued progress toward diversity. According to Oxford Economics, GCC customers will be standout entertainers in 2026 and are anticipated to outshine their international peers. Oxford Economics said that low inflation has actually helped protect growth in genuine disposable earnings, which has likewise been supported by strong need and very low joblessness rates."We do not visualize any let-up, as federal governments continue to promote greater foreign direct financial investment in their push to diversify their economies far from oil and gas," the report included.

In December, the IMF even more stated that heading inflation is expected to stay below 2 percent in Bahrain, Oman, and Qatar, near 2 percent in the Kingdom and the UAE, and slightly above 2 percent in Kuwait in 20252026. According to Oxford Economics, credit growth is expected to remain elevated in the GCC region during 2026, as access to monetary services is anticipated to grow and lending is predicted to be supported by further cuts in interest rates."Owing to their currency pegs to the US dollar, GCC central banks are anticipated to follow the US Federal Reserve by easing monetary policy further, which in turn will decrease financial obligation servicing costs and enhance non reusable income and demand," said the report.