Prospects for the Gulf states in 2022
Thursday, November 4, 2021
Subject
Prospects for the Gulf states in 2022.
Significance
The six member states of the Gulf Cooperation Council (GCC), especially Saudi Arabia, are enjoying the windfall from a tight global energy market that has pushed up oil and natural gas prices. They have also coped effectively with the healthcare challenges of the COVID-19 pandemic, laying the groundwork for positive economic prospects in 2022.