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KWT / The Arab Gulf States Defeat Global Slowdown

The Gulf Cooperation Council area has so far withstood global challenges, with year-on-year GDP growth accelerating to 6.9% in 2022, driven by high oil prices and stronger growth rates in non-oil sectors. Inflation rates in the Gulf Cooperation Council countries remain below the regional and global levels and are subsiding faster, expected to average about 2.7% in 2023, down from 3.2% in 2022. Read More

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Arab

Gulf

States

Defeat

Global

Slowdown

Stock

KWT

Posted: Mar 1 2023, 09:06

Author Name: Seeking Alpha

KWT News

By Seeking Alpha
March 1, 2023

The Arab Gulf States Defeat Global Slowdown

The Gulf Cooperation Council area has so far withstood global challenges, with year-on-year GDP growth accelerating to 6.9% in 2022, driven by high oi

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