GCC

Bahrain’s $92.89 million T-bill issuance sees 254 percent oversubscription

The bills carry an issue date of August 25, and are scheduled to mature on February 23, 2025

Qatar’s economy to double by 2031 fueled by LNG boom, diversification: Report

Qatar's gas production will stay steady for 140 years before a major boom

Kuwaiti banks turn to M&A amidst strong fundamentals: Report

The paper noted that banks in Kuwait have strong capital and liquidity despite growth constraints

Aluminum and iron ore drive Bahrain’s $894.31 million export surge in July 2024

China emerged as the leading import partner, contributing BHD73 million (16 percent) to Bahrain's import basket

Abu Dhabi Chamber sees 23.8 percent year-on-year growth in certificates of origin

This growth underscores the chamber's efforts to boost trade opportunities and enhance the UAE's international trade footprint

UAE’s ADQ, ne’ma join forces to combat food waste from farm to table

ne'ma aims to reduce food loss and waste by 50 percent by 2030, in line with U.N. Sustainable Development Goal 12.3

Qatar Airways acquires 25 percent stake in Airlink, expanding African reach

Qatar Airways will expand its reach to 45 destinations across 15 African countries

Dubai welcomes over 691,000 health tourists, generating $280.42 million in spending

The emirate's indirect revenue from health tourism reached AED2.3 billion in 2023

Oman’s Nizwa: A thriving industrial hub with $1.23 billion investment, 173 projects

A 78,000 square meter residential project is being planned and will be open for investment soon

Oman’s trade balance booms with $7.76 billion surplus by May 2024, UAE key trading partner

Oman's commodity exports rose 5 percent YoY, reaching $25.16 billion during this period

GCC students shine at Huawei’s Seeds for the Future 2024 program regional finals

This year’s edition brought together 150 university students from 14 countries across the Middle East and Central Asia

GCC’s aviation sector soars as a key economic driver 

Robust infrastructure, strategic location vital to the growth of the industry and the region’s economy