GCC
Indian tourists’ greater spending potential, surge in Gen X travelers set to buoy tourism
The official reserves at the end of March 2024 increased by $3.11 billion
This represents an increase from $35 billion in the previous year
Meanwhile, domestic credit saw a 5.8 percent annual increase to QAR1.26 trillion
A significant step forward in modernising Oman’s financial infrastructure, says CBO
Trade between both parties rose to $31.4 billion in 2023, from $2.1 billion in 2022
GCC banks consider the quantification of climate transition risks as a key challenge, according to an S&P report
Qatar aims to receive 6 million tourists by 2030 under its national strategy
The revenue contribution from non-telecom operations will not have immediate impact on ratings, as per the report
Markets adjust expectations amid mixed economic indicators
Non-oil economic growth in Bahrain is projected to remain stable at 3.2 percent
