Business
Why the Gulf Economy Held When the Region Didn't
A war that closed the Strait of Hormuz and hit every GCC state should have broken the region's economics. Reserves and diversification kept it standing.
Jul 16, 2026

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3 stories for“world bank gcc”
A war that closed the Strait of Hormuz and hit every GCC state should have broken the region's economics. Reserves and diversification kept it standing.
Jul 16, 2026

Early in the conflict the projections ran to 150 dollar oil and contracting Gulf economies. Halfway through August the numbers are less dramatic and more interesting than either the panic or the relief.
Aug 16, 2026

The UAE enters the next period with diversified trade, services and investment buffers. Energy and shipping volatility still make credit quality and project selection important.
Aug 2, 2026
