In our September Economy Bites episode, Partner and Middle East Chief Economist Richard Boxshall examines the decline in oil prices, with Brent crude potentially dropping to $60 per barrel in the next quarter and even $50 by 2026. 

 Despite these shifts, both Saudi Arabia and the UAE are experiencing steady GDP growth of around 4%, supported by both oil and strong non-oil sectors.  Across the region, non-oil private sectors remain resilient, with PMI scores consistently above 50, indicating healthy expansion.