GCC

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 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

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

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

Qatar’s real estate trading volume reaches $346.41 million in May 2024

Data revealed that 322 real estate transactions were recorded during the month

The rise of the digital economy: Banks as architects of GCC’s financial future

Open banking and digital payments among technologies that drive transformation in the finance industry

Green finance is funding sustainable progress in MENA

Sale of green social, sustainable, and sustainability-linked bonds hit $24 billion in 2023

Fintech’s future is in the palm of users’ hands — literally

How Astra Tech’s Palm Pay is revolutionizing contactless payment

How China’s economic rise is strengthening the logistics transformation of the Middle East

Saudi Arabia and UAE are the Asian giant’s valuable trading partners

Navigating climate-related data in the investment process

Such data are vital for assessing risks, valuing assets, and engaging shareholders

Digital technology: A catalyst for sustainable energy practices in the GCC region

How AI, process optimization and digital grid solutions are changing the game

Kuwait new energy strategy takes off but oil still dominates

Revival of projects in the energy sector key to the country’s development