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GCC GROWTH FORECAST
Flexible office space market crosses 100 million sq ft mark, GCCs driving growthIndia's flexible workspace industry wrapped up FY26 on a high note, showcasing impressive double-digit revenue growth alongside rising prof...- Deloitte India could lead professional services space soon: Romal ShettyDeloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...
- Tepid FY27 revenue growth awaits top 5 IT services companiesIndia's leading IT companies expect modest revenue growth in FY27. Geopolitical issues and economic challenges are impacting client spendin...
- Moody’s Ratings cuts India’s FY27 growth forecast to 6% on higher energy costsMoody's has lowered India's FY27 growth forecast to 6% due to weaker private consumption and industrial activity, driven by higher energy p...
- World Bank slashes 2026 Middle East growth forecast after energy sector turmoilThe World Bank has significantly lowered its 2026 growth projections for Middle Eastern economies. This comes as a direct result of the ong...
- Middle East's Schengen style GCC tourist visa approved, to be rolled out 'soon'The long-pending unified tourist visa for Gulf Cooperation Council (GCC) countries has received official approval and is set for rollout so...
- India's GCC count rises to 1,700 in FY24, revenue up 40% at $64.6 billion: reportIndia is the “GCC Capital of the World” with the largest base of 17% of global technology capability centers. By 2030, the GCC market in In...
- The fuel secretly powering India’s economy — GCCsThe growth of global capability centers (GCCs) in India is fueling various sectors and contributing significantly to the economy. With proj...
- World Bank sees Saudi Arabia's economy contracting in 2023, MENA growth sharply lowerThe World Bank has revised its growth forecast for Saudi Arabia, expecting the country's economy to contract by 0.9% in 2023. This is due t...
- Gulf economies to grow faster in 2022, oil price fall biggest threatThe economies in the six-member Gulf Cooperation Council will grow at their fastest paces in several years, according to a Reuters poll of ...
- Falling prices spur strong growth in Gulf mobile marketThe Gulf Cooperation Council (GCC) mobile connected devices market expanded 16.7 per cent in the first quarter of this year.
- Fiscal pressure mounts on GCC due to dropping oil pricesAccording to a report, private sector job creation and maintaining inclusive labor market are crucial to achieve long term fiscal sustainab...
- Gulf petrochemical revenues cross $89 billion mark in 2013: ReportAccording to the GCC Petrochemicals & Chemicals Facts and Figures 2013, revenues from GCC petrochemicals grew by $6 billion.
- Gulf fertiliser industry grows more than double global averageAccording to GPCA estimates, GCC's fertiliser production capacity reached 42.7 million tonnes in 2013, a 4 % increase from the previous yea...
- Oman explores India to boost inward investmentOman has focused on India's thriving economy to develop new partnerships and attract inward investments from the subcontinent.
- Size of Gulf economy is almost equal to India, Russia: ExpertsThe Gulf Cooperation Council economy, which is growing at around 5-6 per cent, is almost as strong as the Indian economy, industry experts ...
- Investments from GCC to India remain negligible: ReportAccording to the report, capital flows in the form of FDI from GCC to India have gathered pace in the recent years.
- Gulf economies to slow down in 2012: ReportThe economies of Gulf hydrocarbon producers are projected to grow by nearly 7 per cent in 2011, but growth could tumble.
- GDP of Gulf oil producers to exceed $1 trillion in 2011: ReportCombined nominal GDP of Gulf oil producers will jump to record levels of over $1.1 trillion in 2011 as a result of higher international cru...
- GCC slowdown cause for concern, say expertsThe good news is that there is no fall, and indeed a rise, in inward remittances to India, but the gloomy side is that in the years ahead, ...
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