GCC integration strengthens Gulf investment appeal

DUBAI – Gulf economic integration has become a major driver of investment, strengthening the region’s global economic position through diversification, financial resilience and investment in future-focused sectors, GCC Secretary-General Jasem Mohamed Albudaiwi said.

Speaking at the 15th AIM Congress in Dubai, Albudaiwi said shifting supply chains, emerging technologies and geopolitical developments are reshaping investment decisions and increasing the importance of economic resilience, institutional efficiency and strategic clarity.

GCC economies have maintained market and infrastructure stability while advancing development plans and strategic projects despite regional challenges, he said.

Albudaiwi attributed the progress to joint Gulf action since the establishment of the GCC in 1981, including the Free Trade Area, Customs Union and GCC Common Market, as well as cooperation in energy, transport and infrastructure and closer economic policy coordination.

The six GCC economies collectively rank among the world’s 10 largest, with combined gross domestic product of about $2.4 trillion, sovereign wealth fund assets exceeding $5 trillion and commercial bank assets of about $3.9 trillion in 2025, according to Albudaiwi.

National development strategies have also increased private-sector participation, strengthened regulatory frameworks and expanded investment opportunities in artificial intelligence, advanced technologies, renewable energy, industry, logistics, tourism, financial services and the knowledge economy.

The GCC’s inward foreign direct investment stock reached about $792.7 billion in 2025, including approximately $171.4 billion in intra-GCC investment, or nearly 22% of the total.

“These indicators reflect an advanced degree of economic cohesion, demonstrating that Gulf integration has itself become a powerful catalyst for investment,” Albudaiwi said.

He added that Gulf capital is increasingly supporting cross-border projects, business networks and supply chains as member states strengthen their links with global markets.

Albudaiwi said the GCC remains committed to international economic openness and long-term investment partnerships, urging global investors to view the member states as strategic partners in promoting sustainable development and shared prosperity.

Hot this week

Sundays are now passport day: what UAE’s Indian residents need to know 

 For years, picking up a passport meant a weekday...

Indian passport opens easy entry to 70 destinations

NEW DELHI, INDIA, September 15, 2026: Indian passport holders...

Emirates NBD offers AED10m prize in savings draw

DUBAI, United Arab Emirates, September 15, 2026: Emirates NBD...

Emirates adds UAE’s Jaywan cards to payment options

DUBAI, United Arab Emirates, September 15, 2026: Emirates will...

Sharjah publishers conference focuses on AI, global partnerships and future of books

Opening the conference, Sheikha Bodour bint Sultan Al Qasimi, chairperson of the SBA, called for greater international cooperation to help the publishing industry navigate technological and commercial challenges.

From cockpit to palace: Captain Smit Machchhar’s extraordinary month

Four weeks after surviving a brutal attack by his co-pilot aboard a Dubai-Tel Aviv flight, the Indian pilot has received one of the UAE’s highest civilian honours, spoken publicly about his ordeal and become the subject of a debate extending far beyond aviation. Jessica Roberts narrates

Sharjah ruler announces women’s tower in Kalba, recalls his first day at school

Work has begun on a women’s tower near the University of Kalba, backed by a large new public park.

SEWA builds 15 power substations, commissions two new facilities

SHARJAH: Sharjah Electricity, Water and Gas Authority (SEWA) announced...

L&T Showcases Renewable Energy, Power T&D and Digital Grid Solutions at WETEX 2026

DUBAI: Larsen & Toubro (L&T), an Indian multinational operating...

A Phone in Hand, a Customs Bill at Cochin

A duty demand on a phone already in use raises a wider question: can Customs enforce the rules without treating every returning expatriate as a suspect? Neha Kiran writes

Kerala CM Satheesan among guests at Sharjah Book Fair

SHARJAH: Kerala Chief Minister V.D. Satheesan will be among...

Mohamed bin Zayed, Singapore PM Wong launch CEPA talks

ABU DHABI: The UAE and Singapore have launched negotiations...

Related Articles

Popular Categories