GDP per capita in the Gulf Cooperation Council countries was $35,000 in 2018; far above the global rate of $11,300.
The GCC was founded in 1981 by all the Arab countries, except for Iraq, that border on the Gulf. Its mission is to extend political and economic ties among member states.
The current population of the GCC is 56.6 million.
Q1 outlook will give pre-Covid perspectives on MENA residential market – Q2 survey to follow in June providing clear overview on Covid-19 impact In conjunction with our partners, CBRE, Cityscape, Eltizam and Berkshire Hathaway Home Services, we are delighted to release today, both in short form (see report) and as a more detailed report (see […]
Peninsula Research is pleased to release their first research briefing; in which we address the causes the downturn in real estate markets across the GCC in the past 5 years.