GCC

The Middle East: Rise of a tourism powerhouse

Middle Eastern destinations, including Dubai, Abu Dhabi, and emerging hotspots like Riyadh and Ras Al Khaimah, saw significant tourist inflows in 2023

Abu Dhabi’s Masdar, Bapco Energies partner for wind projects in Bahrain

The joint venture aims to develop wind projects in Bahrain with a capacity of up to 2 gigawatts

GCC states have succeeded in making economies more integrated: Saudi Arabia’s Al-Jubeir at WEF meeting

Al-Jubeir noted the increase in new startups that Saudi youth have founded, and their contributions to the job market

GCC oil firms need $15-25 billion in low-carbon investments by 2026: S&P report

In light of COP28, several national oil companies in the region updated their sustainability strategies

IMF projects MENA region’s GDP to grow 2.7 percent in 2024

The IMF expects growth to strengthen by 4.2 percent in 2025

Global Ventures’ Dr. Tariq Bin Hendi on key sectors shaping UAE’s economy

Sectors such as finance, property development and tourism continue to drive the UAE's non-oil economy

Kuwait International Airport witnesses over 1.06 million travelers

During March, a total of 9,950 flights operated to and from Kuwait's airport

Kuwait to modernize, enhance renewable energy efficiency for a zero-carbon future

Dr. Al-Otaibi highlighted Kuwait's endeavors to raise renewable energy production from 15 to 30 percent by 2030

Qatar’s real estate trading volume soars to $265.21 million in February

A total of 268 real estate transactions were registered during that month

Kuwait, Boeing launch technical entrepreneurship complex to empower Kuwaiti entrepreneurs

The complex enables Kuwaiti youth's access to digital systems, labs, programs

Sukuk issuance continues steady growth, reaching towards $1 trillion in the GCC: Report

Saudi Arabia, UAE and Malaysia will likely stay among the most active sukuk issuers, the report says