GCC
The Middle East’s rise as a global hub for business events is another key highlight of the report
The value of allotted Treasury bills reached OMR2 million for a maturity period of 91 days
The UAE attracted $764 million in foreign capital as global equity markets stabilize and recover
Production for Phase 1 is set to begin this June, targeting an annual output of 60 tons
Electrical equipment and machinery manufacturing sector achieved a remarkable growth rate of 141 percent
GCC financial markets hit nearly $4.2 trillion in capitalization in 2024, marking 0.7 percent growth
Total market capitalization of GCC financial markets dropped 4.4 percent compared to the end of 2023
Saudi Arabia's $267 billion in infrastructure investments are also key to driving industry growth
The deal establishes a legal framework for tax treaties to eliminate double taxation instances
Public spending reached OMR12.241 billion, primarily driven by subsidies for oil and development projects
Both countries agreed to enhance cooperation across multiple sectors
Bahrain celebrates Eid al-Adha dates with community events and festive activities in 2025
