Evaluating Legacy Systems and 2026 Economic Strategies

Company news and financial news, analysis, opinion 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 predicted to exceed its 2025 performance in spite of soft oil incomes and continuous global uncertainties. According to a brand-new Oxford Economics research briefing, GCC GDP growth is anticipated to rise to 4.4 per cent in 2026, up from 4 percent in 2025, showing a resilient nonenergy sector, strong customer characteristics, and slowly improving oil output.

However the most recent projections suggest that Gulf economies are now wellpositioned to gain back momentum, buoyed by enhancing domestic need and a broadly stable worldwide backdrop. The report highlights GCC customers as a significant motorist of the area's financial performance heading into next year. Low inflation, robust labour markets, and growing real non reusable earnings are anticipated to sustain a rise in customer costs across the Gulf.

Credit growth is also forecast to stay raised as access to financial services widens. With GCC reserve banks expected to follow awaited US Federal Reserve rate cuts due to the area's dollar pegs, obtaining costs are likely to decrease, giving homes and services further impetus to spend and invest. While the nonoil sector continues to anchor the region's durability, the GCC's hydrocarbon outlook presents a combined image.

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This might weigh on firsthalf development, especially for economies more depending on oil extraction. Oxford Economics predicts a rebound later in 2026, with Opec+ members anticipated to resume raising production as inventories tighten and worldwide need enhances. Qatar, on the other hand, stands out as a local outperformer, with substantial growths in gas production and exports anticipated to lift its general financial performance.

Saudi Arabia's 2026 budget anticipates a 6 per cent cut in capital expense as the kingdom aims to narrow its financial deficit by two portion points. Nevertheless, the report keeps in mind that these cuts might not materialise completely if countercyclical costs measures are activated to support development. By contrast, more diversified economies such as the UAE and Qatar are anticipated to continue advancing their advancement programs.

Regardless of shortterm risks connected to oil prices and global need, the GCC's 2026 economic outlook is specified by strength in basics: resistant customers, robust nonenergy sectors, improving oil characteristics, and strategic financial planning. With these aspects aligning, the region is preparing for one of its most balanced periods of growth recently anchored by a clear upward trajectory in GDP growth.

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

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

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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 customers will be standout performers in 2026 and are anticipated to exceed their global peers.

In December, the IMF even more stated that heading inflation is expected to stay listed below 2 percent in Bahrain, Oman, and Qatar, near 2 percent in the Kingdom and the UAE, and a little above 2 percent in Kuwait in 20252026. According to Oxford Economics, credit development is anticipated to remain raised in the GCC area during 2026, as access to financial services is expected to grow and financing is forecasted to be supported by additional cuts in interest rates."Owing to their currency pegs to the US dollar, GCC reserve banks are anticipated to follow the United States Federal Reserve by reducing financial policy further, which in turn will lower financial obligation maintenance costs and improve disposable income and need," said the report.