Middle East ETP News
you are currently viewing::Modest Growth Forecast for Economies in the Middle East and North Africa Amid Rising UncertaintyOctober 16, 2024--While GDP is subdued in 2024, accelerating reforms would spur inclusive growth
The report forecasts the region's overall gross domestic product (GDP) growth to rise modestly to 2.2 percent in 2024 in real terms, up from 1.8 percent in 2023. This uptick is driven by Gulf Cooperation Council (GCC) countries, where growth is projected to rise from 0.5 percent in 2023 to 1.9 percent in 2024. In the rest of MENA, growth is expected to decelerate. Oil importers' growth is forecast to slow from 3.2 percent in 2023 to 2.1 percent in 2024, and that of non-GCC oil exporters to decline from 3.2 percent to 2.7 percent. Source: worldbank.org/ |
Kuwait bourse to return to debt listing and trade in 2025
July 14, 2025-The Kuwait Stock Exchange will restart the listing and trading of exchange-traded funds (ETFs), sukuk and bonds in 2025, the bourse's CEO Mohammed Saud Al-Osaimi told reporters on Sunday.
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.
Saudi Exchange leads market losses across the GCC
June 16, 2025--Tadawul hits 20-month low
Qatar index drops 4%
Fears of a wider regional conflict
