GCC Economies Demonstrate Resilience, Advance Diversification, and Accelerate Digital Transformation GCC Economies Demonstrate Resilience, Advance Diversification, and Accelerate Digital Transformation

Middle East ETP News


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GCC Economies Demonstrate Resilience, Advance Diversification, and Accelerate Digital Transformation

December 4, 2025--World Bank's Gulf Economic Update reviews a decade of economic diversification, highlights strong momentum in recent years, and a surge in AI-driven digital transformation
Economic growth across the Gulf Cooperation Council (GCC) is gaining momentum in 2025, supported by structural reforms and rapid digital innovation.

According to the latest edition of the Gulf Economic Update (GEU)-Fall 2025, the United Arab Emirates (UAE) is expected to expand by 4.8%, Saudi Arabia by 3.8%, Bahrain by 3.5%, Oman by 3.1%, Qatar by 2.8%, and Kuwait by 2.7%. Sustaining this trajectory will require continued progress on national Vision strategies and disciplined fiscal management to mitigate risks from oil price fluctuations, geopolitical tensions, and potential reform slowdowns.

The report, titled The Gulf's Digital Transformation: A Powerful Engine for Economic Diversification," focuses on three critical areas: economic diversification, macroeconomic stability, and digital transformation, while navigating global uncertainty and oil market volatility. .

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Source: worldbank.org


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