IMF-Regional Economic Outlook-Middle East and Central Asia-October 2023

October 12, 2023--Building Resilience and Fostering Sustainable Growth
Across the Middle East and Central Asia, the combined effects of global headwinds, domestic challenges, and geopolitical risks weigh on economic momentum, and the outlook is highly uncertain.

Growth is set to slow this year in the Middle East and North Africa region, driven by lower oil production, tight policy settings in emerging market and middle-income economies, the conflict in Sudan, and other country-specific factors. In the Caucasus and Central Asia, although migration, trade, and financial inflows following Russia's war in Ukraine continue to support economic activity, growth is set to moderate slightly this year.

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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.

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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

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