Under the new arrangement, nationals of Saudi Arabia, Oman, and Bahrain will be eligible for five-year multiple-entry Schengen visas
This initiative, announced at Investcorp’s China-GCC Investment and Business Cooperation Summit, aims to attract institutional and private investors from the GCC, along with CIC
Gulf economies are seen growing 2.4 per cent this year, a downward revision of 1.3 percentage points from October
The ratings agency expects Oman’s real GDP to expand by about 2 per cent per year on average during the 2024-2027 period
The trade pact is expected to lead to one of the world’s largest free trade areas, between Türkiye and the GCC, with a total value of $2.4tn
Representatives of the GCC and EU meet in Belgium to discuss the visa-waiver programme
The strategy, which envisions investments in supply chain and tech capabilities, will be financed from the company’s operating cash flow
The GCC region is set to see more equity capital markets activity in 2024 as more companies are considering public listings amid a global slowdown
GDP growth for Saudi Arabia in 2024 is expected to top 2.1 per cent, while growth in the UAE is set to reach 4.4 per cent
With AI increasingly evolving into a general-purpose technology, issues of control and accountability have been brought to the forefront
Sovereign funds in the GCC region are key to their respective governments’ national development plans and contribute to deploying national wealth in strategic sectors of interest
Yves Bruggisser, equity partner and Head of Zone Middle East Pictet Wealth Management tells us that the UAE is at the heart of a networking hub that attracts innovation and ambition
The alternative investment firm listed Investcorp Capital on the Abu Dhabi exchange last year, defying a depressed market for IPOs
The UAE consolidated its status as the preferred destination for investors due to its business-friendly regulations and efficient legal framework
Chris Ross, chief commercial officer, EMEA Collinson, gives us insights into how the travel industry is contributing to the region’s economy and key travel trends
The Magic V2 comes with all the bells and whistles expected of a premium phone
The visa waiver programme kicks in from February and travellers can apply for it at the start of the month
A surge in visitor numbers is on the cards both in Saudi Arabia and the wider region when the announced unified GCC tourist visa begins to be implemented
GCC banks’ financial performance remains resilient while they capture and benefit from the growth opportunities arising on the back of the long-term National Vision
The SUV is expected to hit the showrooms by the end of the decade
The GCC region has been named the “region of the year” when it comes to sovereign wealth funds, according to Global SWF
The Sultanate of Oman is expecting a budget deficit for the year, after it swinging away from a surplus during 2023
The unemployment rate for Saudis is still lower than the 9.9 per cent recorded in the same period a year ago, according to data from the kingdom
The GCC region has proven to be one of the most kinetic deal markets in the world in 2023, with dealmakers expected to remain relatively active in the near future
The growth in outstanding sukuk is attributed to several factors that are driving the issuance of Islamic bonds including issuers that seek to plug budget deficits
Countries in the GCC are ranking among the highest in the world when it comes to the state of their digital connectivity in 2023
The Kingdom of Bahrain showcased healthy GDP growth for the third quarter of 2023, according to the latest statistics revealed by that country.
The training is set to form part of an initiative called ‘Mostaqbali’ (My Future), and will be supervised by Saudi Arabia’s Ministry of Human Resources and Social Development.
Here’s why modern brands and construction projects must have sustainability and smart features at their core, and not just as an afterthought
The targetting of cloud infrastructure among corporates in these two countries is on the rise, according to a new survey.