#GCC

Majid Al Futtaim to launch over 30 new stores in GCC

Majid Al Futtaim’s expansion in luxury retail builds on a record-setting 2024, which saw a 26 per cent increase in revenue

The 100 most powerful Arabs of 2025

This year’s top 100 most powerful Arab list features a wide array of key movers and shakers from across the GCC and beyond

Too soon to panic? EFG Holding Group CEO urges calm over US tariffs

Speaking at the 19th EFG Hermes One-on-One Investor Conference in Dubai, Awad said global investor sentiment had been shaken by rising uncertainty

Kuwait moves ahead: Gulf rail link design contract signed

The railway will span 111 kilometres within Kuwait, from its southern border with Saudi Arabia in the Nuwaiseeb district to Al-Shadadiya in the north

GCC’s maturing IPO market— and what to expect next

Investor appetite in the region remains strong across local, regional, and international participants

GCC banking sector poised for robust growth in 2025 predicts report Image Getty Images for illustrative purposes

GCC banks ride wave of economic diversification, poised for robust year

EY’s GCC Banking Sector Outlook predicts sustained growth, driven by resilient economies, transformation plans, and robust demand in 2025

Is car subscription the smarter choice for GCC residents?

Is car subscription the smarter choice for GCC residents?

The car subscription model provides exceptional flexibility, enabling subscribers to switch vehicles based on changing lifestyle needs

GCC-Stat data on worker remittances in 2023 GettyImages

GCC worker remittances dip to $131.5bn in 2023, shows latest GCC-Stat data

According to the latest GCC-Stat data, the total labour force in GCC countries reached 31.8 million, representing 54.2 per cent of the total population

Here’s what GCC’s first smart vehicle testing centre will offer

The state-of-the-art facility marks a leap forward, offering a seamless and efficient vehicle testing experience in the Northern Emirates.

Insights: How to successfully tap the GCC's luxury market

Insights: How global brands can tap GCC’s luxury market

Data shows that 39 per cent of customers in the region strongly value personalised connections with advisors, but there’s significant room for improvement in delivering this consistently

GCC to outpace the global economy in 2025: FAB

GCC to outpace the global economy in 2025: FAB

The UAE’s GDP is projected to rise from 4.5 per cent to 5.6 per cent, outpacing the International Monetary Fund’s global growth forecast of 3.2 per cent

KAFD Metro Station ©Hufton+Crow/ UK Architects. Design: Zaha Hadid Architects

Designing cities: UK architects support the Middle East’s urban transformation

From sustainable projects like Masdar City and innovative transport systems, the Gulf region is partnering with UK expertise to achieve its urban ambitions by combining modern design with cultural relevance

GCC region remains a significant player in global trade: report

GCC region remains a significant player in global trade: report

The report highlighted the region’s performance in commodity exports, with the GCC ranking fifth worldwide in 2023

Built for protection: NAFFCO rises as a global fire safety leader

Over the last 33 years, UAE-headquartered NAFFCO Group has grown into a global leader in fire safety. This is their story.

Nilesh Ashar, Senior Managing Director & Head of Tax Middle East, FTI Consulting offers insights on the impact of new taxes on the GCC

GCC countries: From tax havens to global business hubs

New tax regimes in the GCC nations will unleash a new era of growth and economic resilience for the region

Most GCC central banks follow Fed lead, lower key interest rates

Most GCC central banks follow Fed lead, lower key interest rates

Saudi Arabia, the region’s biggest economy, cut its repurchase agreement (repo) rate and reverse repo rate by 25 bps each to 5 per cent and 4.5 per cent, respectively

How family businesses can preserve wealth, create legacies

How family businesses can preserve wealth, create legacies

As GCC family businesses transition to second and third generations, seamless leadership changes are essential for business continuity

Renuka Jagtiani on Landmark’s billion-dollar bet on the future

Renuka Jagtiani on Landmark’s billion-dollar bet on the future

The chairwoman of Landmark said the retail conglomerate plans to refresh its existing stores and enhance its online presence and operations

Novartis Gulf's Mohamed Ezz Eldin on the region's key healthcare trends

Novartis Gulf’s Mohamed Ezz Eldin on the region’s key healthcare trends

From leveraging digital health technologies to fostering collaboration between the public and private sectors,  the Cluster Head GCC at Novartis’ insights offer a roadmap for accelerating patient outcomes

Bahrain’s ATME aims transforming regional markets with asset tokenisation

The Bahrain-regulated exchange aims to create a more inclusive and efficient financial system by enabling fractional ownership of high-value asset classes.

How the UK can aid the GCC to harness EdTech for inclusive learning

The UK’s cutting-edge solutions make it an ideal partner for the GCC countries in advancing inclusive and innovative education initiatives

Federal Reserve Chair Jerome Powell Holds His Monthly Press Conference. (Image: Getty)

US Fed rate cut triggers GCC ripple effect – here’s what it means

Most GCC economies have been largely shielded from stubbornly high inflation elsewhere, and have implemented ambitious plans to diversify revenue sources and boost non-oil growth

GCC leaders congratulate President Trump on historic election victory

GCC leaders congratulate Trump on historic election victory

The election of Trump is not just a big deal for the US – a new president in the White House can transform the country’s foreign policy

New Zealand seals trade deal with GCC states

New Zealand seals trade deal with GCC to boost exports, investment

The trade pact would remove tariffs for 51 per cent of New Zealand’s exports to the region from day one

Goldman Sachs sees oil demand growing until 2034

Will they or won’t they? Talk of Saudi cutting oil prices for Asia

Spot premiums for Middle East crude fell last month as the Asia market was well supplied

Flags of all 6 GCC member states, Doha, Qatar.

EU holds first summit with Gulf states

An EU partnership with Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates would cover trade and investment

Most Gulf markets fall on geopolitics, weak oil

Rising geopolitical tensions in the region are having a dampener on the Gulf markets

Their call comes in a year of record profits for Big Oil as energy prices surged with the world economy reopening from Covid lockdown

Oil prices slide on prospect of Saudi Arabia raising output

Saudi Arabia is preparing to abandon its unofficial price target of $100 a barrel for crude as it prepares to increase output, cites a report

Gulf Business Awards

All the winners at Gulf Business Awards 2024

Gulf Business Awards 2024 honoured those who have demonstrated exceptional leadership, innovation, and success in their respective fields across the GCC.

Central bank body BIS urges cenbanks not to squander interest rate buffers

Central bank body BIS urges cenbanks not to squander interest rate buffers

The recommendation from the BIS was made prior to the US Federal Reserve’s first interest rate cut in four years