GCC
Investment portfolio includes several banks listed in GCC markets
S&P Global expects issuances to reach between $160-170 billion in 2024
Global economic growth to record 2.4 percent growth in 2024
UAE and Saudi Arabia are emerging as key global players
Budget gap prompts focus on economic diversification
Continuous advancements key behind nation’s exceptional performance
Index rose by 1.7 percent in Q3
T-bills with a 28-day maturity were valued at OMR10 mn
Settlement of oil sales in currencies of Russia-friendly countries on the rise
Law will come into effect on January 1, 2024
GCC's foreign asset projections and shifting investment strategies
GCC, home to countries with high applications per capita, to benefit
GCC countries will have an average of $660 bn of gross external debt
Opportunities and challenges on the path to net zero in the UAE, GCC and MENA
What you need to know about Unified Schengen-Style GCC Visa and its economic influence on the region
Streamlined travel, enhanced tourism
In 2022, region outperformed global travel industry’s recovery by 43 percent
Launch of an electronic system to link traffic violations
UAE and Saudi emerge as key players
e& and stc acquired substantial stakes in leading companies
With focus on Islamic banking services
Global attention to shift to U.S. and EU interest rates
