Is GCC Becoming Primary Investment Powerhouse?

Sub-Saharan African nations account for around one-third of the overall, followed by Latin America and the Middle East (the latter two together accounting for over 40% of the total). Consisting of, there has been an (from 90.3 in 2000-04 to 92.6 and 92.3 in the five years pre- and post-pandemic ).

ANSR July GCC PRs 50DR+

and ranked higher than others; UAE is up more than 45 locations in 2024 compared to 2000 while Qatar climbed up 24; both Saudi Arabia and Oman increased 17 ranks during the period. The caught or even worse off nations are some parts of Latin America and Sub-Saharan Africa where structural transformation has stalled.

shows a significant boost in average EDI scores from 86.8 in 2000-04 to 92.6 in 2020-24, (up more than 10 points in the preliminary period versus 2020-24). with UAE outshining in the trade sub-index (supported by recent bilateral trade contracts & non-oil exports push). vs its pre-pandemic reading (partially offered the surge in medium & high-tech production information).

ANSR July GCC PRs 50DR+

Its diversity metrics have actually stagnated, showing the least improvement between the initial (2000-04) and final (2020-24) referral periods., despite the headwinds of OPEC+ production cuts. A robust non-hydrocarbon growth was supported by the GCC's robust domestic demand (supported by a strong project pipeline and application) and strong services sector efficiency.

Top Global Capital Trends across Middle East Market

Kuwait and Saudi Arabia clocked in a boost in non-hydrocarbon revenue, "mostly showing non-hydrocarbon tax base expansions and revenue collection performance improvements", according to the IMF. In the present geopolitical environment identified by intensifying, it is in the finest interests of product dependent countries to diversify its export base, exports and trade partners.