Oman today_ The World Bank has forecast that Oman’s economic growth will average 3% in 2025 – 2026, driven by increased oil production and investments in non-oil sectors. Regionally, the Gulf Cooperation Council (GCC) countries are expected to experience limited growth of 1.6% in 2024, but will see stronger growth of 4.2% in 2025 – 2026, with much of this growth coming from non-oil sectors. Saudi Arabia and the UAE are also expected to strengthen their economic growth in the coming years, while Kuwait faces economic challenges and is predicted to see a decline in growth in 2024.
Oman’s economic growth will reach 3%
