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Gulf economies set for strong rebound on oil recovery and diversification

A Reuters poll found that Gulf states will benefit from renewed oil production and revenue diversification. Saudi Arabia is projected to grow 3.8% in 2025 versus 1.3% in 2024, while the UAE is forecasted at 4.8%. Qatar, Oman, and Kuwait are poised for multi-year highs, aided by tourism, project spending, and fiscal restraint. Inflation pressures are expected to remain subdued.  

Source: reuters.com

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