With the forthcoming COP28 in Dubai, the momentum for sustainable real estate development in GCC countries is set to receive even greater international attention
The sheer rate of change in the UAE and gulf region over the last decade is nothing short of astounding, writes Gulf Business group editor, Gareth van Zyl.
Neobanks have reset the paradigm for the traditional banking industry in terms of customer experience, product innovation and pricing
Participating card issuers and acquirers in UAE, Saudi Arabia and Qatar will be able to offer cardholders flexible and transparent payment plans at merchant checkouts, both in-store and online
The global CEO and chairman explains how the company has emerged as an industry-leading digital remittance firm providing an expansive set of offerings
The kingdom’s incoming tourism revenue grew by about 225 per cent to reach SAR37bn in the first quarter of this year
Regional integration efforts like the GCC facilitating smoother M&A transactions by streamlining regulations and cross-border investments will support M&A growth
Saudi Arabia was the top destination for members’ exports in H1 2023, with the total value recording year-over-year growth of more than 15 per cent
The group’s CEO explains how they are setting an example for the industry, contributing to UAE’s food security strategy
We shine the spotlight on some of the region’s most prominent startups
Within the GCC, the largest number of Indian schools are in the UAE
The sovereign wealth funds from Saudi Arabia, Qatar and the UAE appear to have become go-to investors in difficult times for the global markets
After a strong performance last year, the GCC region is set to see more activity in its capital markets in the medium term
GCC central banks normally change their interest rates in lockstep with the US Fed as Gulf countries’ currencies are pegged to the dollar
Sovereign wealth funds in the GCC region continue to increase in number, size, variety and scope
Sukuk issuance is expected to plunge in Q3 2023 before picking up pace in the last quarter of the year
The service allows customers to fly to several GCC destinations both within and outside of the carrier’s network
We explore how the region is embracing esports and gaming as a significant cultural and economic force
Financial services embedded into existing business models are no longer optional, but necessary
Many GCC enterprise boards have been serious about driving ESG initiatives and the pioneers include Aramco, Emirates NBD, Masdar and Majid Al Futtaim Group
The licence scheme will enhance the country’s competitiveness and boost growth while encouraging the digital transformation of the economy
We explore the role of innovative technologies in achieving food security in the GCC region
Citizens of GCC countries currently pay GBP30 per visit to the UK under the current electronic visa wavier scheme while Jordanian nationals pay GBP100 for a visit visa
The firm will support UK companies seeking to engage in the Middle East in sectors such as healthcare, renewable energy and technology
The abundance of family money, rising government and financial support for startups complemented by the focus on economic diversification has put the region into the spotlight
Nikola Aksentijevic, head of Visual Display Division at Samsung Gulf Electronics, asserts that the increasing income levels and purchasing power of consumers in the region are fuelling the demand for premium products
The GCC has witnessed huge commitment from the global technology brand to drive innovation, aiming to create a smarter and more inclusive future for all
Badenoch’s trip comes as the total trade between the UK and GCC reached a record high of GBP61.3bn in 2022
The founder of the home-grown hospitality firm shares his company’s milestones and how hospitality in the GCC is poised for further growth
The city’s strategic location, exceptional infrastructure and amenities add to the factors that have raised its status as a medical tourism hub