The combined gross domestic Product (GDP) of the hydrocarbon-rich Gulf countries could more than double from a projected $6 trillion to $13 trillion by 2050, if the countries embrace a green growth strategy, according to a research report.
The report, Gulf Investment Report 2023, published by Century International Holdings, was released at the World Investment Forum 2023 currently underway in Abu Dhabi.
The combined GDP of the GCC countries has already touched the $2 trillion mark. Investment in green and sustainable projects could transform the region into a global economic powerhouse, it…