GCC

Oman’s 8th Ijarah sukuk auction generates $849 million, oversubscribed by three times

The average acceptable return was set at 4.75 percent, with a maximum acceptable return of 4.85 percent and a minimum of 4.6 percent

Kuwait Central Bank issues $792 million bond, tawarruq

CBK said that the issuance period is three months with a return rate of 4.125 percent

Qatar: Private sector exports hit $701.6 million in Q3 2024

This reflects a modest decline of 2.5 percent from QAR2.62 billion ($718 million) in Q2 2024

Kuwait signs $772.55 million power maintenance contracts

These contracts are integral to the ongoing initiatives to boost the country's electrical infrastructure and ensure its long-term viability

Qatar Tourism: Five million visitors welcomed in 2024

A 25 percent increase in international arrivals compared to 2023

Kuwait, India agree on upgrading ties to strategic partnership

The two sides highlighted trade's crucial role in connecting their countries and its potential for further growth and diversification

GCC region’s GDP to grow 3.7 percent in 2024, 4.5 percent in 2025: Report

The region's non-oil sector is expected to grow 4.5 percent in 2024, 7.8 percent in 2025 and 8.6 percent in 2026

Fitch upgrades Oman’s outlook to positive, affirms BB+ credit rating amid fiscal improvements

Oman’s budget is expected to have a 2 percent GDP surplus in 2024, dropping to 0.7 percent in 2025

Exploring the impact of $6.3 billion investment: ADFD’s 33 development projects in Bahrain

Since 1974, ADFD has been crucial in advancing Bahrain's economy and social development 

How the creative economy drives growth in the Middle East

In the UAE, a global creative hub, Dubai Media City is home to a talent pool of over 40,500 creative professionals

Qatar’s real estate trading volume reaches $311.5 million in November

There were 324 real estate deals recorded in the month 

Trump’s GCC real estate investments grow with two projects in Riyadh announced

$533 million Trump Tower Jeddah in Saudi Arabia marks milestone GCC expansion for The Trump Organization