GCC Country Risk Atlas 2026

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UAE: Strong non-oil growth led by services, trade and tourism, with diversification driving resilience amid evolving global conditions.
KSA: Oil output and borrowing increases preserve momentum as Vision 2030 reforms continue.
Bahrain: Stable growth, but high public debt and fiscal vulnerabilities persist.
Kuwait: Recovery underway, fueled by higher oil output and gradual pro-business reforms.
Oman: Expanding market economy leveraging logistics positioning and fiscal consolidation.
Qatar: Liquefied Natural Gas expansion set to turbocharge growth and strengthen fiscal resilience.