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Al-Badawi: Gulf nations strengthen global economic ties
Jasem Mohamed Al-Bidwi, Secretary-General of the Gulf Cooperation Council, affirmed that the member states are rapidly heading towards strengthening their position on the global economic and investment map, supported by economic strength, increasing Gulf integration, and openness to international markets. He emphasized the focus on investing in future sectors such as artificial intelligence, renewable energy, and financial services. He clarified that the Gulf economy ranks tenth worldwide, with a gross domestic product estimated at $2.4 trillion, and that Gulf investments reached approximately $792.7 billion by 2025, with increasing capital flows between GCC countries and beyond. This reflects a high level of economic connectivity and Gulf integration, which help sustain growth and stability. Al-Bidwi confirmed that the future of investment is based on strong economies, deeper integration, and global openness. He called for building long-term investment partnerships to foster sustainable development and regional prosperity.
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