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Crude oil tanker struck by unknown projectile off Oman

GCC-Stat

Oman’s growth momentum builds as non-oil sectors drive nearly 70% of GDP: GCC STAT

Oman’s growth momentum builds as non-oil sectors drive nearly 70% of GDP: GCC STAT

GDP reached $107.1bn in 2024, compared with $75.9bn in 2020, representing 41.1 per cent growth, GCC STAT figures showed

24 November, 2025

GCC tourism sector projected to reach $371.2bn by 2034: GCC STAT

GCC tourism sector projected to reach $371.2bn by 2034: GCC STAT

By 2034, the tourism industry is expected to generate around 1.3 million new jobs, reflecting its potential to further bolster employment opportunities in the region

06 October, 2025

GCC public spending projected to hit $542bn in 2025

GCC public spending projected to hit $542bn in 2025

Oil revenues remain the largest component of government income in the region, making fiscal positions highly sensitive to global oil price fluctuations

16 June, 2025

GCC worker remittances dip to $131.5bn in 2023, shows latest GCC-Stat data

GCC worker remittances dip to $131.5bn in 2023, shows latest GCC-Stat data

According to the latest GCC-Stat data, the total labour force in GCC countries reached 31.8 million, representing 54.2 per cent of the total population

17 March, 2025

GCC region remains a significant player in global trade: report

GCC region remains a significant player in global trade: report

The report highlighted the region’s performance in commodity exports, with the GCC ranking fifth worldwide in 2023

28 January, 2025

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