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GCC's total GDP at constant prices exceeds $456 billion

Aug 03, 2025

New York [US], August 3: The Gross Domestic Product (GDP) at constant prices for the Gulf Cooperation Council (GCC) countries increased by 3.3% by the end of the fourth quarter of 2024, reaching USD 456.3 billion, compared to USD 442.3 billion during the same period in 2023.
According to the latest statistics issued by the Statistical Centre for the Cooperation Council for the Arab States of the Gulf (GCC STAT), the contribution of non-oil activities to the GCC's real GDP at the end of Q4 2024 amounted to 70.6%, while oil activities accounted for 29.4%.
The real GDP of the GCC countries in Q4 2024 recorded a quarterly growth of 1%, compared to USD 452.2 billion in Q3 2024.
Source: Emirates New Agency

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Tradition with a Twist: 71% of Gen Z Believe Diwali Is Best Celebrated the Traditional Way, Reveals Sanrio Survey

Mumbai (Maharashtra) [India], November 5: India's Gen Z may be redefining self-expression, but tradition remains at the heart of their Diwali celebrations. A new survey commissioned by Sanrio, the global lifestyle and entertainment company best known for its beloved characters such as Hello Kitty, Cinnamoroll, Kuromi, My Melody, Pompompurin and Gudetama, reveals that 71% of Gen Z respondents believe Diwali is best celebrated the traditional way, while 66% want more playfulness and fun. The findings resonate with the values of friendship, kindness, positivity and inclusivity embodied by the globally iconic character Hello Kitty, as young Indians blend cherished traditions with their own personal touch. 66% want more playfulness in their celebrations, reflecting a generation that is embracing tradition while adding its own personal touch. Thoughtful gestures and meaningful connections take centre stage, with 64% favouring personal gifts and 70% believing everyone should feel included during Diwali.

Nov 05, 2026