GCC chief: Gulf bloc emerges as $4.8 trillion sovereign wealth powerhouse

GCC Secretary General Jasem Al Budaiwi

Secretary General Jasem Albudaiwi tells Abu Dhabi summit the bloc’s $2.3trn economy, vast reserves and AI-driven transformation are reshaping its role in global capital flows – as non-oil sectors now account for over three-quarters of GDP

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Source: Arabian Business Industry News (ITP.NET)