GDP grows at 4.5% clip in 2025, beating expectations
The annual expansion was driven by oil activities, which jumped 5.6%
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The annual expansion was driven by oil activities, which jumped 5.6%
The GCC is forecast to post real GDP growth of 4.8% in 2026
Government banks on revenue recovery and higher oil output, but banks see the budget deficit staying near 5-6% of GDP
Oil recovery is offsetting a softening expansion in the non-oil GDP
The bank expects the deficit to remain at 3.8% of GDP until 2027
Fiscal deficit to narrow to 3.5-4% of GDP in 2026-2027
Non-oil economy is expected to grow by 4% in 2025 and 2026 The National Bank of Kuwait (NBK) expects Saudi…
Riyad Capital maintained its non-oil sector expansion rate projection of 4.6% this year, before anticipating a slowdown to 4.3% in…
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