Gulf Economies Set for 10.3% Rebound in 2027 if Oil Flows Rebound: World Bank
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Gulf economies set for 10.3% rebound in 2027 if oil flows rebound: World Bank
RIYADH: Gulf economies could rebound sharply in 2027, with the World Bank forecasting 10.3 percent growth if the Iran conflict does not escalate this year. The organization made the claim on the basis that oil production and shipping return to normal from early 2027, with trade, tourism and domestic activity also looking to bounce back following the disruption caused by the US-led ward. The impact of the conflict, which has led to extensive disr…
Gulf Economies Could Grow 10.3% in 2027 as Iran Conflict Disruption Eases: World Bank - Khaleej Mag
Gulf economies could stage a strong recovery in 2027 if the conflict involving Iran does not escalate before the end of this year, with the World Bank forecasting combined growth of 10.3 percent as oil production, shipping and wider economic activity return to normal. The projection is based on an assumption that oil output and […]
The World Bank reported that the ongoing conflict since February 2026 continued to impose heavy economic costs on the Middle East, North Africa, Afghanistan and Pakistan, noting that the closure of the Strait of Hormuz had constituted the greatest burden on oil-exporting Gulf States, unlike previous energy shocks.
Gulf Economies Set for 10.3% Rebound in 2027: World Bank
Riyadh (Brussels Morning Newspaper) October 6, 2026 – Gulf economies are projected to experience a substantial economic rebound of 10.3 percent in 2027, according to a recent World Bank report, contingent upon the stabilization of regional conflicts and …
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