A recent report has revealed that the mining and quarrying sector is set to be the primary driver of growth in the non-oil economy of the GCC countries.
In 2023, the sector contributed USD 1.51 trillion, accounting for approximately 71.5% of total non-oil GDP.
This underscores the sector’s central role in diversifying regional economies, aligning with long-term strategies to reduce dependence on hydrocarbons and expand investment into mining and industrial development.
Source: Arab News