Standard Chartered’s Global Market Outlook for 2025 highlights the GCC as a bright spot for global growth, with resilient non-oil sector growth and strategic investments driving economic diversification. Despite global growth slowdown projections, the GCC is expected to outperform due to long-term transformation efforts, lower interest rates, and a conducive environment for private-sector growth. The report also addresses potential challenges from US protectionist policies, geopolitical uncertainties, and economic struggles in the euro-area and China.
Full Article
Israel will remain in Gaza ‘security zones’ after war
Israel's Defense Minister, Israel Katz, announced that Israeli troops will maintain control over designated security zones in Gaza even after the conflict ends, citing the need for protection against Hamas. Recent Israeli airstrikes resulted in at least 24 Palestinian deaths, including members of a family in Gaza City, contributing to over 1,650 fatalities since the renewed offensive began. The UN reports that 69% of Gaza is under evacuation orders, displacing approximately 500,000 people, while humanitarian...
Read more