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Saturday, March 21, 2026 6:54 GMT
It will be another year of robust economic growth in the Middle East in 2026 despite lower oil prices, according to Fitch Ratings. "We project median growth among member states of the GCC, Egypt, Iraq, Israel and Jordan at 4%, up from 3.4% in 2025. However, Iran and other regional geopolitical hotspots will continue to pose credit risks," stated the top ratings agency in its review. "We expect that the oil price will stay above fiscal break-even levels for all GCC sovereigns, except Bahrain,...More