The EU and the GCC are at a critical juncture towards a more sustainable and diversified economy. With the GCC region’s GDP expected to show a notable rise and the EU being its 2nd largest trade partner, and first investment partner, the prospects for collaborative economic growth are excellent. In 2022 alone, EU-GCC trade in goods reached a staggering €175.2 billion. There is a lot of potential if we harness our collective strengths in innovation, renewable energy, and the digital economy.
This year’s theme, "Redefining Economies - Building a Sustainable and Diversified Future" encapsulates the vision we hold: a future where cooperation and innovation spur a harmonious blend of economic growth, social prosperity, and environmental responsibility.