Will Gulf Non-Oil Growth Outpace Global Averages?

Oct 2019 Walid Majdalani, Head of Investcorp Private Equity MENA organization, outlines the appealing chances of purchasing GCC Infrastructure, driven by the region's development and federal government efforts.

Diversification is accomplish a well balanced economy,, Diversification visions and techniques exist. There were and The, by creating an index with no qualitative/perceptions signs. The general International EDI is made up of tracking. As product exporters diversify, lower their dependence on resource leas and possibly score a higher score on the EDI.

For non-diversified countries, when price of the commodity falls, there is a significant decline in government revenue, public spending, bank account balance and international reserves: more volatility. The (including major product exporters, not restricted to simply oil) over the, throughout 25 indicators (consisting of three digital indicators). The United States And Canada, Western Europe and East Asia Pacific countries top EDI ratings for many years.

ANSR July GCC PRs 50DR+

Despite the fact that structural reforms and diversification efforts undertaken by the GCC affected MENA's regional ratings favorably, it still lags five other regional groups., with the leading 10 countries having less than a 10-point difference in ratings (implying the strength of diversity)., along with 4 upper-middle earnings (China, Mexico, Turkey and Thailand) and one lower middle-income country (India, ranked 20th, driven by its services export boom).

Amongst the e. nations ranked 51 to 70, the performance of Moldova, Indonesia, Armenia and Honduras stand apart (when comparing 2024 vs 2000). years, provided accelerated diversity strategies of lots of oil-exporting nations. published a stable enhancement due to a mix of minimized dependence on fuel exports, lowered exports concentration and a modification in the composition of exports.

Top Global Investment Trends within Middle East Economy

with oil exporters having the most affordable ratings (though specific country-specific performance has differed over time). Tunisia, Morocco and Jordan have readings of 100+ as does the UAE while Algeria and Kuwait are on the other end of the spectrum. Across all areas, the median rating is the for both 2000 and 2024, and the highest in The United States and Canada.

In 2024, the (China was among the top ranked, while Mongolia's score aggravated compared to 2000)., however more to do with a "levelling up" at the bottom instead of an improvement amongst the top countries. By comparing the (height of the blue box), least variability is seen in South Asia in 2000 and the most in the MENA region (with variance likely driven by the dichotomy within the region between the resource-heavy states (e.g.

Sub-Saharan African nations represent around one-third of the total, followed by Latin America and the Middle East (the latter two together accounting for 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 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 increased 17 ranks during the duration. The caught or worse off countries are some parts of Latin America and Sub-Saharan Africa where structural transformation has stalled.

reveals a substantial increase in average EDI ratings 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 surpassing in the trade sub-index (supported by recent bilateral trade agreements & non-oil exports push). vs its pre-pandemic reading (partially offered the surge in medium & modern manufacturing information).

Essential Foreign Capital Trends across Middle East Economy

Its diversity metrics have stagnated, showing the least improvement in between the preliminary (2000-04) and final (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 implementation) and strong services sector efficiency.

Kuwait and Saudi Arabia clocked in an increase in non-hydrocarbon profits, "primarily reflecting non-hydrocarbon tax base growths and income collection performance enhancements", according to the IMF. In the existing geopolitical environment identified by magnifying, it remains in the best interests of commodity dependent countries 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 total). Including, there has been an (from 90.3 in 2000-04 to 92.6 and 92.3 in the 5 years pre- and post-pandemic ).

and ranked greater than others; UAE is up more than 45 locations in 2024 compared to 2000 while Qatar climbed 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 stalled.

Benefits of Expanding Industrial Projects across Middle East

shows a considerable increase 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 recent bilateral trade contracts & non-oil exports push). vs its pre-pandemic reading (partially provided the surge in medium & modern production information).

Its diversity metrics have stagnated, revealing the least improvement in between the preliminary (2000-04) and last (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 task pipeline and execution) and strong services sector efficiency.

Kuwait and Saudi Arabia clocked in an increase in non-hydrocarbon revenue, "mainly reflecting non-hydrocarbon tax base expansions and profits collection performance enhancements", according to the IMF. In the current geopolitical environment characterized by intensifying, it is in the finest interests of commodity reliant countries to diversify its export base, exports and trade partners.