GCC

UAE, Gulf economies to outpace global growth in 2024: Report

FAB report says UAE's GDP is likely to expand by 3.7 percent in 2023 and 4 percent in 2024

Saxo Bank CEO in MENA predicts UAE’s economic growth to surpass 5.5 percent in 2024

Tech investments and financial services are driving growth in the country

COP28 places the GCC at the center of the fight against climate change

The Middle East's pivotal role in climate solutions

GCC countries witness rise in citizenship and residency through investment programs

An inside look at the innovative schemes that are fostering growth in non-oil sectors

Tech boom: MENA emerges as global digital economy hub

Digital economy in region projected to increase from $180 bn in 2022 to $780 bn by 2030

Cisco to launch state-of-the-art cloud data center in the UAE

Center to enhance cybersecurity, connection performance for businesses of all sizes

Qatar’s economic growth normalizing: IMF report highlights resilience, favorable outlook

Expansion in LNG production and reforms to drive average growth of 5.5 percent

GCC banks to prove resilient in 2024 amid geo-economic challenges: S&P Global

Robust capitalization and profitability to uphold GCC banks, despite emerging risks

UAE leads GCC with IPO proceeds of $6.07 bn in 2023

GCC countries witnessed 46 issuances with total proceeds worth $10.79 billion

Opportunities in the GCC’s food and beverage market

Industry could hit $135.5 billion in 2024

Bank Muscat’s $390 million investment fund gets central bank nod

Investment portfolio includes several banks listed in GCC markets

S&P Global: 2024 global sukuk issuance to remain steady

S&P Global expects issuances to reach between $160-170 billion in 2024

Generative AI market projected to reach $1 trillion by 2031

UAE and Saudi Arabia are emerging as key global players

Oman forecasts $1.7 billion 2024 budget deficit amid oil challenges

Budget gap prompts focus on economic diversification

UAE economy emerges as the most competitive as per Arab Monetary Fund

Continuous advancements key behind nation’s exceptional performance

Central Bank of Oman raises OMR29.45 mn through T-bills allotment

T-bills with a 28-day maturity were valued at OMR10 mn

IIF: GCC countries are straying away from U.S. dollar

Settlement of oil sales in currencies of Russia-friendly countries on the rise