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Organization news and financial news, analysis, viewpoint and stats covering the six Gulf Corporation Council members Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE

ANSR July GCC PRs 50DR+

Financial development throughout the Gulf Cooperation Council (GCC) is set to speed up in 2026, with the region projected to outperform its 2025 performance regardless of muted oil earnings and continuous international uncertainties. According to a new Oxford Economics research instruction, GCC GDP development is anticipated to increase to 4.4 percent in 2026, up from 4 percent in 2025, reflecting a resistant nonenergy sector, strong consumer dynamics, and gradually improving oil output.

But the latest projections suggest that Gulf economies are now wellpositioned to regain momentum, buoyed by strengthening domestic demand and a broadly steady global backdrop. The report highlights GCC customers as a major chauffeur of the area's financial efficiency heading into next year. Low inflation, robust labour markets, and growing genuine non reusable incomes are anticipated to fuel a rise in customer spending across the Gulf.

Credit development is also forecast to remain elevated as access to financial services widens. With GCC main banks expected to follow awaited US Federal Reserve rate cuts due to the area's dollar pegs, obtaining costs are likely to decline, offering families and organizations further motivation to invest and invest. While the nonoil sector continues to anchor the region's durability, the GCC's hydrocarbon outlook presents a combined photo.

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This could weigh on firsthalf growth, particularly for economies more based on oil extraction. Oxford Economics projects a rebound later in 2026, with Opec+ members anticipated to resume raising production as stocks tighten up and worldwide need enhances. Qatar, meanwhile, stands apart as a regional outperformer, with substantial expansions in gas production and exports anticipated to lift its overall financial efficiency.

Saudi Arabia's 2026 budget expects a 6 per cent cut in capital expenditure as the kingdom intends to narrow its financial deficit by 2 percentage points. Nevertheless, the report notes that these cuts may not materialise fully if countercyclical costs procedures are activated to support growth. By contrast, more varied economies such as the UAE and Qatar are anticipated to continue advancing their development programs.

Despite shortterm dangers tied to oil prices and global demand, the GCC's 2026 financial outlook is specified by strength in basics: resilient customers, robust nonenergy sectors, enhancing oil characteristics, and tactical fiscal preparation. With these elements lining up, the area is getting ready for among its most well balanced durations of expansion in the last few years anchored by a clear upward trajectory in GDP development.

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RIYADH: Gulf Cooperation Council local economies are expected to remain resistant in 2026, driven by strong domestic demand and a broadly constant global economy, according to an analysis. In its most current report, Oxford Economics highlighted that the real gross domestic item of the GCC region is anticipated to broaden by 4.4 percent in 2026, up from the forecasted 4 percent this year.

We expect GCC development will increase to 4.4 percent in 2026, from 4 percent this year."In November, the GCC Statistical Center stated that financial growth in the region is set to accelerate to 4.3 percent by 2027, driven by broadening non-oil sectors.

ANSR July GCC PRs 50DR+

Non-oil activities accounted for 73.2 percent of total GDP, up from 70.6 percent at the end of 2024, highlighting the area's continued progress toward diversification. According to Oxford Economics, GCC consumers will be standout performers in 2026 and are anticipated to exceed their worldwide peers.

In December, the IMF further said that headline inflation is anticipated to stay listed below 2 percent in Bahrain, Oman, and Qatar, near to 2 percent in the Kingdom and the UAE, and slightly above 2 percent in Kuwait in 20252026. According to Oxford Economics, credit development is expected to stay elevated in the GCC region during 2026, as access to monetary services is anticipated to grow and financing is projected to be supported by further cuts in rate of interest."Owing to their currency pegs to the US dollar, GCC reserve banks are anticipated to follow the United States Federal Reserve by alleviating monetary policy further, which in turn will decrease debt maintenance expenses and enhance disposable income and need," stated the report.