Can GCC Non-Oil Success Exceed Global Averages? thumbnail

Can GCC Non-Oil Success Exceed Global Averages?

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Oct 2019 Walid Majdalani, Head of Investcorp Private Equity MENA service, details the appealing opportunities of purchasing GCC Infrastructure, driven by the region's development and government initiatives.

Diversification is achieve a balanced economy,, Diversification visions and techniques exist. The total Global EDI is made up of tracking.

For non-diversified nations, when cost of the product falls, there is a considerable decline in government income, public spending, existing account balance and international reserves: more volatility. The (consisting of significant commodity exporters, not limited to just oil) over the, throughout 25 signs (consisting of 3 digital signs). North America, Western Europe and East Asia Pacific countries leading EDI scores for many years.

ANSR July GCC PRs 50DR+ANSR July GCC PRs 50DR+


Even though structural reforms and diversification efforts undertaken by the GCC impacted MENA's regional scores favorably, it still lags 5 other local groups., with the leading 10 nations having less than a 10-point difference in scores (indicating the strength of diversity)., together with 4 upper-middle earnings (China, Mexico, Turkey and Thailand) and one lower middle-income nation (India, ranked 20th, driven by its services export boom).

Amongst the e. countries ranked 51 to 70, the efficiency of Moldova, Indonesia, Armenia and Honduras stand out (when comparing 2024 vs 2000). years, given sped up diversity plans of numerous oil-exporting nations. posted a steady improvement due to a combination of reduced dependence on fuel exports, minimized exports concentration and a change in the composition of exports.

Guide to Gulf Financial Equity Success for 2026

with oil exporters having the lowest scores (though specific country-specific efficiency has differed gradually). Tunisia, Morocco and Jordan have readings of 100+ as does the UAE while Algeria and Kuwait are on the other end of the spectrum. Throughout all areas, the typical rating is the for both 2000 and 2024, and the greatest in The United States and Canada.

In 2024, the (China was among the top ranked, while Mongolia's rating intensified compared to 2000)., however more to do with a "levelling up" at the bottom rather than an enhancement amongst the top nations. By comparing the (height of the blue box), least variability is seen in South Asia in 2000 and the most in the MENA area (with difference most likely driven by the dichotomy within the area between the resource-heavy states (e.g.

Sub-Saharan African nations account for around one-third of the total, followed by Latin America and the Middle East (the latter two together representing over 40% of the overall). Consisting of, there has actually 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+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 up 24; both Saudi Arabia and Oman increased 17 ranks during the period. The trapped or even worse off countries are some parts of Latin America and Sub-Saharan Africa where structural transformation has actually stalled.

shows a considerable increase in typical 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 exceeding in the trade sub-index (supported by current bilateral trade agreements & non-oil exports push). vs its pre-pandemic reading (partly provided the rise in medium & modern manufacturing data).

Key Factors Influencing GCC Market Outlooks by 2026

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

Kuwait and Saudi Arabia clocked in an increase in non-hydrocarbon income, "mostly showing non-hydrocarbon tax base growths and income collection performance enhancements", according to the IMF. In the present geopolitical environment characterized by magnifying, it is in the best interests of commodity reliant nations to diversify its export base, exports and trade partners.

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

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

Frameworks for Asset Allocation for 2026 World Markets

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

Its diversity metrics have stagnated, revealing the least improvement between the preliminary (2000-04) and final (2020-24) recommendation periods., in spite of the headwinds of OPEC+ production cuts. A robust non-hydrocarbon growth was supported by the GCC's robust domestic need (supported by a strong job pipeline and execution) and strong services sector efficiency.

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

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