WHY ECONOMIC REFORMS IN GCC STATES ARE GROUNDBREAKING

Why economic reforms in GCC states are groundbreaking

Sovereign wealth funds are rising as significant investment tools in the region, diversifying national economies.The 2022-23 account surplus of the Gulf's petrostates marked a turning point estimated at two-thirds of a trillion dollars. In the past, the majority of this surplus would have gone straight to central banks' foreign exchange reserves.

read more