#Gulf economy
2 articles with this tag
EconomyIMF Warns of 4.8% Gulf Economic Contraction in 2026 Amidst Iran War's Impact on Energy Exports
The IMF forecasts a 4.8% contraction in Gulf economies for 2026 due to the Iran war impacting energy exports, with a rebound expected in 2027. The conflict is also affecting non-oil activity and eroding financial buffers.
The National|October 22, 2026
EconomyUAE Hiring Surges in Q3, Outpacing Gulf Rivals Amidst Regional Economic Headwinds
Hiring in the UAE rebounded significantly in the third quarter, reaching 4% and outpacing other Gulf nations, despite ongoing regional uncertainties. The recovery was driven by business demand, particularly in sectors like energy, finance, and strategy, though companies remain cautious about the year ahead.
The National|October 20, 2026