12 Hrs
Source:
البلاد
Gulf States Increase FDI and Adaptability
The statements affirm that the Gulf Cooperation Council countries have succeeded in building a strong and advanced economy capable of adapting to global changes, with an economy totaling approximately $2.4 trillion and sovereign wealth fund assets exceeding $5 trillion. These countries are working to diversify their economies by investing in technology, clean energy, and tourism, while increasing foreign direct investment to around $793 billion by 2025. They are also strengthening internal economic integration, which contributed 22% of total foreign investments. The goal is to promote sustainable growth, facilitate technology transfer, and create job opportunities, all while considering global geopolitical and technological challenges.
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