Qatar, Morocco, Oman, Egypt Post Strong Q1-Q3 Growth

In the first quarter of 2025, Qatar's GDP grew by 3.7% year-on-year, driven by gains in manufacturing, real estate, and retail trade, supported by state reforms and private sector engagement under National Vision 2030. Morocco's economy expanded by 4.8%, led by improvements in farming, industrial activities, and an 8% rise in domestic demand, despite negative foreign trade. Oman's GDP increased by 4.7%, with growth in non-oil sectors such as agriculture, fishing, and services, and an 89% surge in natural gas output offsetting a dip in crude oil. Egypt achieved 4.77% GDP growth in the third quarter of its 2024/25 fiscal year, marking its fastest pace in three years, bolstered by manufacturing, tourism, and private sector investment, even as Suez Canal revenues and oil extraction declined. These results reflect a regional trend of economic diversification and increased private sector activity. Some trade-related and sector-specific challenges persist across the region.