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.
The new tower entity is expected to achieve run-rate revenues close to $500m annually
The awards celebrated luminaries from across the region’s business ecosystem
The trade surplus in Saudi Arabia remains stable amid continued levels of strong trade in the country
Dealmakers and their advisers are including insurance on their agenda just as much as the traditional corporate risk manager
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