Towers in Dubai. The GCC is expected to outperform global peers, driven by resilient non-oil sector growth and strategic investments. Photo by Shihab
The Gulf Cooperation Council (GCC) is expected to remain a bright spot for global growth in 2025, a report shows.
Despite a projected slowdown in global growth to 3.1 per cent from 3.2 per cent, the GCC is expected to outperform, driven by resilient non-oil sector growth and strategic investments that underpin its economic diversification, according to Standard Chartered’s Global Market Outlook for 2025.
