As the world charts its recovery from COVID-19s impact, businesses and trade around the world begin to hit normalcy, reviving the global demand for oil and consequently the global oil prices.
Read MoreGCC economies were hit hard by the pandemic last year with the cumulative GDP of the region falling by 5% in 2020 over that of 2019.
Read MoreThe UAEs announcement of 100 per cent foreign ownership across the board effective June 1, is touted as game changing and a master stroke.
Read MoreWhat is IMFs current outlook for GCC countries economy?How does it compare with IMFs April forecast?
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