Gulf economies set for 10.3% rebound in 2027 if oil flows rebound: World Bank

RIYADH: Gulf economies could rebound sharply in 2027, with the World Bank forecasting 10.3 percent growth if the Iran conflict does not escalate this year. The organization made the claim on the basis that oil production and shipping return to normal from early 2027, with trade, tourism and domestic activity also looking to bounce back following the disruption caused by...