GCC: Growth on the Rise, but Smart Spending Will Shape a Thriving Future
June 19, 2025-Economic growth across the Gulf Cooperation Council (GCC) is projected to increase in the medium-term to 3.2% in 2025 and 4.50% in 2026. This growth is likely to be driven by the expected rollback of OPEC+ oil production cuts and robust expansion of non-oil sectors. |
According to the latest edition of the Gulf Economic Update (GEU), regional growth was 1.7% in 2024 -an improvement from 0.3% in 2023. The non-hydrocarbon sector remained resilient, expanding by 3.7%--largely fueled by private consumption, investment, and structural reforms across the GCC. |
Lunate Launches Boreas Solactive Quantum Computing UCITS ETF, the First Thematic ETF to List on ADX, Tracking the Solactive Developed Quantum Computing Index September 1, 2025--Solactive is pleased to announce its first collaboration with Lunate, an Abu Dhabi-based global investment management firm, with the launch of the Boreas Solactive Quantum Computing UCITS ETF, which tracks the Solactive Developed Quantum Computing Index. The ETF will become the first thematic ETF to list on ADX (Abu Dhabi Securities Exchange), marking a significant milestone in the expansion of local investment offerings. |
Mideast Stocks: Gulf bourses trade lower ahead of key Fed speech August 20, 2025--The Qatari benchmark index slipped 0.6%
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