{"id":11376,"date":"2025-11-03T00:00:00","date_gmt":"2025-11-03T00:00:00","guid":{"rendered":"https:\/\/gruzingeo.com\/the-eurasian-development-bank-edb-has-presented-its-first-macroeconomic-study-of-the-persian-gulf-countries\/"},"modified":"2025-11-03T00:00:00","modified_gmt":"2025-11-03T00:00:00","slug":"the-eurasian-development-bank-edb-has-presented-its-first-macroeconomic-study-of-the-persian-gulf-countries","status":"publish","type":"post","link":"https:\/\/gruzingeo.com\/ka\/the-eurasian-development-bank-edb-has-presented-its-first-macroeconomic-study-of-the-persian-gulf-countries\/","title":{"rendered":"The Eurasian Development Bank (EDB) has presented its first macroeconomic study of the Persian Gulf countries."},"content":{"rendered":"<section class=\"entry-content\">\n<p>The Eurasian Development Bank (EDB) has published its first macroeconomic study covering the six Gulf countries for the period 2020\u20132024. The analysis reflects the region\u2019s growing role as a key energy and financial hub, as well as a new strategic partner for the countries of the Eurasian region. Over the past five years, trade turnover between Central Asia and the Gulf countries has grown 4.2-fold to $3.3 billion, while direct investment has almost doubled to $16.2 billion.<\/p>\n<p>According to the EDB, the combined GDP of the Gulf countries will reach $2.2 trillion in 2024, half of which is accounted for by Saudi Arabia. Despite their dependence on the oil and gas sector, the region\u2019s countries demonstrate high financial resilience: sovereign wealth funds exceed $5 trillion, and gold and foreign exchange reserves amount to $813 billion. These resources allow the countries to maintain macroeconomic stability even in the face of fluctuating oil prices.<\/p>\n<p>At the same time, Gulf countries are actively pursuing economic diversification policies. The UAE has demonstrated the most notable results, with oil and gas accounting for only about 20% of exports, and finance, logistics, and tourism the main growth drivers. Other countries in the region are also intensifying structural reforms aimed at developing non-oil sectors, reducing dependence on expatriates, and increasing the resilience of national economies to external shocks.<\/p>\n<\/section>","protected":false},"excerpt":{"rendered":"<p>The Eurasian Development Bank (EDB) has published its first macroeconomic study covering the six Gulf countries for the period 2020\u20132024. The analysis reflects the region\u2019s growing role as a key energy and financial hub, as well as a new strategic partner for the countries of the Eurasian region. Over the past five years, trade turnover between Central Asia and the Gulf countries has grown 4.2-fold to $3.3 billion, while direct investment has almost doubled to $16.2 billion.<\/p>","protected":false},"author":2,"featured_media":11377,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[33],"tags":[],"class_list":["post-11376","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-europe"],"acf":[],"_links":{"self":[{"href":"https:\/\/gruzingeo.com\/ka\/wp-json\/wp\/v2\/posts\/11376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gruzingeo.com\/ka\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gruzingeo.com\/ka\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gruzingeo.com\/ka\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/gruzingeo.com\/ka\/wp-json\/wp\/v2\/comments?post=11376"}],"version-history":[{"count":0,"href":"https:\/\/gruzingeo.com\/ka\/wp-json\/wp\/v2\/posts\/11376\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gruzingeo.com\/ka\/wp-json\/wp\/v2\/media\/11377"}],"wp:attachment":[{"href":"https:\/\/gruzingeo.com\/ka\/wp-json\/wp\/v2\/media?parent=11376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gruzingeo.com\/ka\/wp-json\/wp\/v2\/categories?post=11376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gruzingeo.com\/ka\/wp-json\/wp\/v2\/tags?post=11376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}