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Economy Middle East Summit
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GCC
Industry
Oman climbs five spots in 2024 Competitive Industrial Performance Index
Oman's tech investments, automation, and supply chain consolidation have driven economic improvement
Hospitality & Tourism
Want an exquisite getaway for summer? Here are 5 luxurious ultra-private escapes
Private oases located in stunning European and Maldivian destinations
Hospitality & Tourism
Diving into Seychelles’ tourism progress: A paradise with a purpose
Discover the country’s sustainability and conservation efforts
Bahrain
Bahrain’s national non-oil exports reach $838.3 million in May
Saudi Arabia ranked first among export destinations, with BD64 million (20 percent) in national origin exports
Banking & Finance
GCC banks continue to outperform global peers, remain poised for strong 2024: Report
GCC banks' revenue-to-assets ratio is 3.2 percent, well above the global average of 2.3 percent
Markets
Half of all emerging-market debt issued by GCC countries, Malaysia, Indonesia, and Türkiye: Report
In 2024, these countries accounted for 51 percent of U.S. dollar debt issued by EMs (excluding China)
Bahrain
Bahrain exceeds global ICT development average, ranks fifth worldwide with score of 97.5
Bahrain's economic leadership and technological progress have catalyzed further innovation and development in this vital sector
Economy
Capital market, IPO reforms spur growth in GCC asset management industry: Report
According to the report, the regulatory regime pertaining to investment funds is evolving in the GCC
Economy
GCC’s 2024 growth forecast lowered to 2.2 percent on extended oil output cuts
ICAEW has also lowered its 2024 inflation forecast for the GCC region to 2.2 percent this year and 2.1 percent next year
Bahrain
Bahrain attracts record FDI inflows of $6.8 billion in 2023, with UAE as third biggest contributor
Bahrain's FDI stocks relative to GDP stood at 99.7 percent as of the end of 2023
Energy
QatarEnergy enters 10-year naphtha supply agreement with India’s Haldia Petrochemicals
Agreement commencing in Q2 2024 will be facilitated through QatarEnergy's HPL Global Pte Ltd
Logistics
Oman posts $6.7 billion trade surplus, merchandise exports reach $16.88 billion by end of March 2024
Total value of merchandise imports to the Sultanate amounted to $10.1 billion
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