Search results for: 'driven outlook 2030'

The United Arab Emirates (UAE) is poised for robust economic expansion, with real GDP growth forecast to average 4.7% between 2025 and 2030, outpacing the 2.6% recorded between 2019 and 2024. Population growth is anticipated to stay positive, reaching 12.3 million in 2030 from 11.1 million in 2024, with the share of adult and middle-aged adult and ...

Saudi Arabia's decorative paints market remains one of the largest and most attractive in the GCC, supported by long-term investments in housing, urban development, tourism, and infrastructure under Vision 2030. While the market continues to offer significant opportunities, the operating environment has become increasingly volatile. During the firs...

Russia’s war on Ukraine has unlocked unprecedented growth opportunities for the Middle East as Europe steers away from Russia for energy supply. The European Union’s commitment to end its reliance on Russian energy by 2027 and its focus on renewables and hydrogen offer ME countries a strong business case for energy investments, given that the regio...

India is on the cusp of a historic economic transformation. It is projected to become the world’s third-largest economy by 2030, with a nominal GDP of $11.46 trillion by 2040. This growth trajectory is underpinned by structural shifts across pillars, including rapid digitalization, green transition, manufacturing scale-up, urbanization, and demogra...

With an average real GDP growth of 6.4% between FY2026 and FY2030, India is on track to become the world’s third-largest economy by the end of this decade. This growth trajectory will be fueled by robust domestic consumption, a rising working-age population, digital transformation across key sectors, strong capital expenditure, and policy-driven ma...

This research service provides a snapshot of the Saudi Arabian economy by examining the country’s growth conditions and key policies. Following a steep economic contraction in 2020 on account of the COVID-19 pandemic, Saudi Arabia recorded a rebound of around 8.7% in 2022. Robust growth in non-oil sectors such as manufacturing, transport, governmen...

With the current drop in crude oil prices, major suppliers of crude oil are looking to diversify their oil and gas portfolios to include refinery products and petrochemicals. Some older refineries in Europe have also temporarily become profitable to operate. Further, the success of Shale Gas and Oil has created self-sufficiency in the US and is p...

Over the previous decade, the Indian economy registered robust economic growth that resulted in lower poverty rates, strong consumption growth, and a sizeable middle class. Putting behind the economic fallout from slowing economic conditions and the COVID-19 pandemic in 2019 and 2020, respectively, the Indian economy is gradually returning to a sus...

The GCC remains a critical global economic region due to its energy resources, central location in global trade routes, and large sovereign wealth funds. As it transitions from hydrocarbons to diversified growth, investing heavily in renewables, hydrogen, and new industries, it is expected to sustain stable growth of 4%-4.5% through 2035, supported...