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GCC Nations Ranked in CIP Index; Regional Manufacturing Growth Highlighted

1 report, 1 independent Updated Tue 00:00
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The UNIDO Competitive Industrial Performance (CIP) Index released rankings for several GCC nations, including the UAE (32nd), Saudi Arabia (34th), Qatar (48th), Kuwait (53rd), Oman (58th), and Bahrain (63rd). During the Made in the Gulf Forum, the GCC Secretary-General noted that the region has over 22,000 factories employing 1.1 million people, contributing 13 per cent to regional GDP.

From gdnonline.com

Why it matters

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The Secretary-General emphasized that industry is a foundational pillar for diversifying Gulf economies. The GCC Industrial Cooperation Committee is advancing unified industrial laws and joint investment opportunities to empower regional products.

From gdnonline.com

Who's involved

  • UAERanked 32nd in the CIP Index, highlighting industrial capabilities.
  • Saudi ArabiaRanked 34th in the CIP Index, participating in regional industrial efforts.
  • OmanRanked 58th in the CIP Index, participating in regional industrial efforts.
  • BahrainHosted the Made in the Gulf Forum and participates in GCC industrial policy.
  • KuwaitRanked 53rd in the CIP Index, participating in regional industrial efforts.
  • QatarRanked 48th in the CIP Index, participating in regional industrial efforts.

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