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Home World Middle East

GCC to Stay Economically Resilient in 2025

18 January 2025
in Middle East
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GCC to Stay Economically Resilient in 2025
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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.

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