GCC can create 600,000 tech jobs and add US$255 billion to GDP by 2030. By harnessing digital economies, GCC can boost GDP, says Strategy&. Despite pursuing reforms, more work to be done to achieve sustainable growth with low hydrocarbon dependence, said WB. Gulf central banks raised rates as US Fed lifted 75 bps. GCC countries have their currencies pegged to USD, except Kuwait.
Source: Deloitte Middle East