GCC

GCC banks’ profitability to remain strong in 2024 on delayed rate cuts: Report

Losses from rate cuts to reach around $2.8 billion or 1.9 percent of GCC banks' total equity

Oman, Kuwait ink four agreements in investment, education and metrology

Agreements to boost existing and future investments in Oman and Kuwait in key sectors

Majority of Middle East IPOs experience positive aftermarket gains in 2024: Report

Notable market gains included MBC Group Co and Avalon Pharma

Abu Dhabi extends visa support for Indians seeking to get married

The new visa initiative supports emirate’s tourism strategy, which aims to targeting 39.3 million visitors by 2030

Market cap of Arab stock exchanges exceeds $4.361 trillion in April: AMF

Market value of the Abu Dhabi Securities Exchange reached $754.7 billion in April

Saudi Arabia e-visa accessibility extended to Barbados, Bahamas, and Grenada

With this expansion, the total number of countries eligible for the E-visa has increased to 66

ATM 2024: Egypt seeks GCC investment boost for tourism development

Egypt targets attracting 30 million tourists by 2028 in light of additional funding for more tourism development projects

Egypt welcomes 27 percent more tourists in four months, says vice minister for tourism

Inbound visitors from Arab countries rise by 54 percent in 2024

ATM 2024: Tourism set to account for 12 percent of UAE’s GDP in 2024

Balance between collaboration and competition among GCC destinations promotes tourism growth

Ajman tourism sector posts 7 percent surge in revenue, 9 percent growth in visitor numbers

The average duration of hotel stays also showed a positive trend, with a 5 percent increase

Four Seasons’ people and culture of service are drivers of hospitality group’s success

Innovative offers – from jet to yacht experience – continue to excite guests from around the world