The GCC smartphone market was worth $2.09bn in Q4 2021, a decrease of 4.5 per cent quarter on quarter
Central banks across the GCC have also raised their interest rates
UAE imports from GCC countries in 2021 increased to Dhs56.3bn, compared to Dhs43.8bn in 2020
Private equity firms, principal investors, and SWFs in the region need to respond to rapidly evolving societal goals and expectations on sustainability
IPOs in the Middle East have fetched $11.4bn in the first five months of the year
The partnership will empower both organisations to meet the growing demand for unified data resilience solutions in the region
The boost was mainly driven by oil revenue, which rose 58 per cent compared to last year
Aramco’s output averaged 10.2 million barrels a day between January and March, up 20 per cent year-on-year
In the first three months of 2022, hotels across Dubai achieved average occupancy levels of 82 per cent
As many as 55 per cent of the international health tourists were men, while 45 per cent were women
Kuwait Investment Authority’s Enertech Holding Co. and Pakistan Kuwait Investment Company have applied for a digital bank license and proposed a hydrogen plant and two smart cities
The IMF said it expects the bonanza “to improve fiscal and external balances” in a region that includes 13 exporters in total
Customers can purchase tickets on the carrier’s website, at its sales offices or via travel and online travel agents
Clients are increasingly seeking the advice of asset managers who possess a rich knowledge of local and regional market dynamics
The Reno7 series is available to pre-order from March 16, 2022, across the GCC region with additional gifts worth up to Dhs797
Rising up to these opportunities will not only offer up success, but set early-movers apart as industry role models
A diverse board has some major benefits including better decision-making capability, more effective utilisation of talent, increased corporate reputation and improved investor relations
There is much potential for GCC countries to offer digitally-enhanced experience tourism alongside innovative offerings
The size and monetary value of the outbound GCC tourism market were never in question – but what are its challenges, opportunities and key growth drivers in the foreseeable future?
The region is building its infrastructure and programmes to transform into a major tourist destination over the next few decades
Vaccinated citizens and residents are not required to conduct a pre-departure PCR test before travelling to Qatar, provided that the country they are departing from is not on the red list
GCC banks are paving the way for a promising year
The campaign aims to drive inbound tourism, as Britain gears up for a year of landmark events
Hotels in the emirate recorded average occupancy levels of 67 per cent last year
Negotiations between the GCC and the UK have begun
Growing customer awareness and the recent global health crisis have encouraged regional banks to ramp up their offerings
The organisations will collaborate on strategic initiatives to promote business agreements between Israeli companies and GCC-based government and commercial entities
Gulf Arab energy firms borrowed $30.5bn in 2021, the highest level in at least 25 years
Even though wellness is on the rise, there will always be a place in the market for confectionery, says Tyrone Reid, CEO, Alabbar Enterprises
The GCC and UK already cooperate in many areas including security, foreign policy, trade and investment