Benefits of Expanding Manufacturing Ventures across the GCC

Sub-Saharan African countries represent around one-third of the total, followed by Latin America and the Middle East (the latter two together representing over 40% of the total). Including, there has actually been an (from 90.3 in 2000-04 to 92.6 and 92.3 in the 5 years pre- and post-pandemic ).

ANSR July GCC PRs 50DR+

and ranked higher than others; UAE is up more than 45 places in 2024 compared to 2000 while Qatar climbed 24; both Saudi Arabia and Oman rose 17 ranks throughout the duration. The caught or worse off countries are some parts of Latin America and Sub-Saharan Africa where structural change has stalled.

reveals a substantial increase in typical EDI scores from 86.8 in 2000-04 to 92.6 in 2020-24, (up more than 10 points in the initial period versus 2020-24). with UAE exceeding in the trade sub-index (supported by current bilateral trade arrangements & non-oil exports push). vs its pre-pandemic reading (partially given the surge in medium & modern manufacturing data).

ANSR July GCC PRs 50DR+

Its diversity metrics have actually stagnated, revealing the least enhancement in between the initial (2000-04) and last (2020-24) referral periods., regardless of the headwinds of OPEC+ production cuts. A robust non-hydrocarbon growth was supported by the GCC's robust domestic demand (supported by a strong job pipeline and application) and strong services sector performance.

Creating Sustainable Investment Portfolios with Arabian Securities

Kuwait and Saudi Arabia clocked in a boost in non-hydrocarbon profits, "mostly showing non-hydrocarbon tax base growths and earnings collection effectiveness enhancements", according to the IMF. In the existing geopolitical environment defined by intensifying, it remains in the very best interests of commodity dependent countries to diversify its export base, exports and trade partners.