JPMorgan Chase lowered its 2026 non-oil GDP growth forecast for the Gulf Cooperation Council (GCC) countries by 0.3 percentage points. The bank believes Bahrain and the UAE will be hit hardest and warns of the risk of a larger-scale adjustment.

2026-03-02

JPMorgan Chase lowered its 2026 non-oil GDP growth forecast for the Gulf Cooperation Council (GCC) countries by 0.3 percentage points. The bank believes Bahrain and the UAE will be hit hardest and warns of the risk of a larger-scale adjustment.