{"id":8690,"date":"2024-03-25T14:29:09","date_gmt":"2024-03-25T14:29:09","guid":{"rendered":"https:\/\/thegulfpress.com\/lower-gcc-growth-amid-oil-cuts-says-oxford-economics\/"},"modified":"2024-03-25T14:29:09","modified_gmt":"2024-03-25T14:29:09","slug":"lower-gcc-growth-amid-oil-cuts-says-oxford-economics","status":"publish","type":"post","link":"https:\/\/thegulfpress.com\/en\/lower-gcc-growth-amid-oil-cuts-says-oxford-economics\/","title":{"rendered":"Lower GCC growth amid oil cuts, says Oxford Economics"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div itemprop=\"articleBody\">\n<div class=\"thb-article-featured-image \">\n<img fetchpriority=\"high\" width=\"929\" height=\"620\" class=\"attachment-theissue-full-x2 size-theissue-full-x2 thb-lazyload lazyload wp-post-image\" alt=\"\" decoding=\"async\" fetchpriority=\"high\" sizes=\"(max-width: 929px) 100vw, 929px\" src=\"https:\/\/gulfbusiness.com\/wp-content\/uploads\/2024\/01\/GettyImages-694337590.jpg\" data-sizes=\"auto\" srcset=\"https:\/\/gulfbusiness.com\/wp-content\/uploads\/2024\/01\/GettyImages-694337590.jpg 929w, https:\/\/gulfbusiness.com\/wp-content\/uploads\/2024\/01\/GettyImages-694337590-300x200.jpg 300w, https:\/\/gulfbusiness.com\/wp-content\/uploads\/2024\/01\/GettyImages-694337590-768x513.jpg 768w, https:\/\/gulfbusiness.com\/wp-content\/uploads\/2024\/01\/GettyImages-694337590-370x247.jpg 370w, https:\/\/gulfbusiness.com\/wp-content\/uploads\/2024\/01\/GettyImages-694337590-800x534.jpg 800w, https:\/\/gulfbusiness.com\/wp-content\/uploads\/2024\/01\/GettyImages-694337590-20x13.jpg 20w, https:\/\/gulfbusiness.com\/wp-content\/uploads\/2024\/01\/GettyImages-694337590-185x123.jpg 185w, https:\/\/gulfbusiness.com\/wp-content\/uploads\/2024\/01\/GettyImages-694337590-740x494.jpg 740w, https:\/\/gulfbusiness.com\/wp-content\/uploads\/2024\/01\/GettyImages-694337590-400x267.jpg 400w, https:\/\/gulfbusiness.com\/wp-content\/uploads\/2024\/01\/GettyImages-694337590-72x48.jpg 72w\"\/> <\/div>\n<p>Economic growth in the GCC has been revised downwards to 2.7 per cent from a previous forecast of 3.9 per cent just three months ago.<\/p>\n<p>This is according to the latest Economic Insight report for the Middle East, which has been commissioned by one of the world\u2019s longest-running chartered accountant bodies, ICAEW, and compiled by advisory firm, Oxford Economics.<\/p>\n<p>The latest report says GDP growth for Saudi Arabia in 2024 is expected to top 2.1 per cent, while growth in the UAE is set to reach 4.4 per cent. This comes amid Saudi Arabia\u2019s General Authority for Statistics on Monday&#8230;<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/gulfbusiness.com\/lower-gcc-growth-amid-oil-cuts-says-oxford-economics\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Economic growth in the GCC has been revised downwards to 2.7 per cent from a previous forecast of 3.9 per cent just three months ago. This is according to the&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,1830],"tags":[],"class_list":["post-8690","post","type-post","status-publish","format-standard","hentry","category-energy-en","category-energy-ar"],"_links":{"self":[{"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/posts\/8690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/comments?post=8690"}],"version-history":[{"count":0,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/posts\/8690\/revisions"}],"wp:attachment":[{"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/media?parent=8690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/categories?post=8690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/tags?post=8690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}