GCC

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

Oman’s foreign trade exchange surges 12.8 percent in Q1 2024, transactions reach $26.7 billion

Oman's trade balance rose 35 percent to $6.75 billion in the same quarter

79 percent of executives in the Middle East have formal sustainability strategy in place: Report

The survey showed that 52 percent of executives are fully embedding sustainability strategies across their organisation

Arab economies projected to grow by 3.3 percent in 2024 as inflation declines: Report

The inflation rate in its 22 member states is expected to decline to 3.3 percent this year, compared to 9.3 percent in 2023

Qatar’s non-oil private sector posts robust growth with 53.6 PMI in May

Output and new orders increased at the fastest rates since Q3 2023

Central Bank of Oman joins GCC central banks’ AFAQ payments system

Oman's addition brings AFAQ's total number of participant banks from the GCC region to 67

GCC economic growth to rebound to 2.8 percent in 2024, 4.7 percent in 2025: World Bank

Oil production remains crucial in shaping the GCC region's fiscal and external balances

GCC countries eye $135 billion healthcare sector by 2027 through localization and diversification

The sector spending within the GCC alone is tipped to reach $124 billion in 2028

Saudi banks witness 8 percent surge in Q1 earnings, reaching $4.97 billion

The growth in earnings is driven by 11 percent lending growth and a rising interest rate environment