GCC economy set for 2.4% contraction in 2026 before a strong 8.1% rebound in 2027, driven by recovering energy exports, tourism and business confidence.

GCC economy set for 2.4% contraction in 2026 before a strong 8.1% rebound in 2027, driven by recovering energy exports, tourism and business confidence.

RIYADH: The Gulf Cooperation Council economy is forecast to rebound 8.1 percent in 2027 after contracting 2.4 percent in 2026, as regional energy exports, tourism and investor…