Skip to content
Bramble

Business

WEF's Kelsey Goodman says investors remain confident in Gulf economies

Kelsey Goodman, the World Economic Forum's head of Middle East and North Africa, told two outlets that investor confidence in the Gulf remains strong and that diversification has helped the region withstand shocks. The National places her comments against the Iran war and the IMF's cut to Gulf growth forecasts.

2 outlets · 0L · 1C · 1R First reported Account updated
Image: Arab News
Image: The National

1 / 2

The story, neutrally told

Mixed · 2Kelsey Goodman, head of Middle East and North Africa at the World Economic Forum (WEF), said investors remain confident in the Gulf's economic resilience. Mixed · 2She spoke to Arab News and The National on the sidelines of WEF meetings in Dubai. Arab News describes a meeting held ahead of the forum's annual gathering in Davos. The National places her at the Annual Meeting of Global Future Leaders, which concluded on Thursday. Mixed · 2Goodman said the fundamentals of Gulf economies remain solid. In Arab News she called resilience "the word of the year in the Gulf". In The National she said the fundamentals are solid "even if the surrounding area is uncertain".

Right · 1Arab News reports that she cited recent US research showing investors with the largest assets under management are among the most confident about the region. Mixed · 2She credited long-term planning and diversification, including of export routes and into sectors beyond oil. She said the economies that had already built in diversity were the most resilient, and that resilience has to be prepared for and cannot be built only in a crisis. Centre · 1The National sets her remarks against the economic fall-out from the Iran war and the closure of the Strait of Hormuz. It reports that the International Monetary Fund sharply downgraded its 2026 growth forecasts for Gulf economies, and that blocked trade routes have affected shipping and raised petrol prices. Arab News does not mention the war.

Centre · 1Goodman said the war's effect on travel and tourism could also affect labour markets, given the Gulf's reliance on a mobile workforce. The National gives the UAE's migrant workforce as about 8.7 million and quotes her saying there could potentially be shortages. Mixed · 2Both outlets report that she named artificial intelligence as the main opportunity and referred to a new WEF report. Arab News names the report as "Powering AI at Scale" and says it found the region has the capacity to lead in AI. The National says it showed AI could unlock upwards of $1 trillion by 2030 in the region. Mixed · 2She said success in AI depends on data-centre sustainability and resilience, grid upgrades, regulation, energy infrastructure and co-operation across sectors. The National adds that regional uncertainty creates more barriers to reaching these goals.

Right · 1Arab News also reports her saying the Gulf is helping to shape global economic priorities through its sovereign wealth funds and investment in advanced manufacturing. She named Saudi Aramco, Emirates Global Aluminium and Qatar Shell as WEF advanced manufacturing "lighthouses". Centre · 1The National reports foresight simulations at the Dubai meeting, in which participants rehearsed responses to geopolitical and technological crises. Goodman said dialogue and co-operation are essential when the world is at its most complicated, and that the mood was positive.

Every sentence links to the reporting it rests on. The pill in front of each says where its sources sit: Left, Centre or Right when one side supplies at least half of them, Mixed when they are evenly split. The number is how many outlets it cites.

Left0 outlets

No left outlet in our sources has covered this story yet.

Centre1 outlet

Framing
Frames the comments as a defence of investor confidence under pressure from the Iran war, the Hormuz closure and the IMF's downgrade.
Emphasis
War fall-out, IMF downgrade, shipping and petrol prices, labour-market risks for migrant workers, and the need for dialogue and peace.
Leaves out or plays down
Does not report the US research on large investors or the manufacturing lighthouses.
Charged language
“Iran war”“fall-out”
For example
“Investor confidence in the region remains strong despite the economic fall-out from the” — The National
“These are areas where there could potentially be short” — The National

Right1 outlet

Framing
Presents the interview as good news for the Gulf: the world's biggest investors are increasingly confident and the region is shaping global priorities.
Emphasis
Investor confidence, AI infrastructure as the main opportunity, sovereign wealth funds and WEF manufacturing lighthouses at Saudi Aramco, EGA and Qatar Shell.
Leaves out or plays down
Does not mention the Iran war, the Strait of Hormuz closure, the IMF downgrade or labour-market risks.
Charged language
“winning over”“resilience is the word of the year”
For example
“Gulf resilience winning over world's biggest investors, says senior World Economic Forum official” — Arab News
“Goodman named Saudi Aramco, Emirates Global Aluminium and Qatar Shell among those that have earned the recognition.” — Arab News

Ask about this story

Loading…