GCC

Central Bank of Kuwait issues $660 million bond and tawarruq with 4.125 percent yield rate

Bonds fund governments by repaying principal and interest; tawarruq converts debts into tradable securities

Oman airports see 13.3 million passengers, close to 99,000 flights by November 2024

Muscat International Airport had 11,737,391 passengers by November 2024, a 2.7 percent increase

Halo AI secures $6 million to expand brand creator collaborations beyond Saudi Arabia

The company aims to expand into Dubai and Kuwait, targeting growth in MENA, Europe, and North America

Global economic growth to remain at 2.8 percent in 2025, says UN

Western Asia's economy is set to strengthen to 3.5 percent in 2025, driven by improved prospects in Saudi Arabia and Türkiye

Joseph Aoun: Regional, global support for Lebanon’s newly elected president 

Pivotal figures like UAE President and Saudi’s King Salman offered best wishes for Aoun's leadership and Lebanon's stability

Kuwait launches new international telecom portal with 100 gigabit capacity

The cable will be a trusted option for big companies and international service providers 

6 key trends shaping Kuwait’s real estate market amid investment boom

Investment property sales grew by 49.5 percent annually in Q3 2024

Bahrain’s economy grows 2.1 percent in Q3 2024 on non-oil sector expansion

The contributions of non-oil activities to real GDP reached 86.4 percent in Q3 2024

Qatar Chamber issues 154,778 transactions in 2024, up 67 percent

These transactions comprised 50,262 certificates of origin, with 49,405 being issued electronically

GCC inflation rate increases 1.5 percent in September on rising housing prices

Among GCC countries, Kuwait recorded the highest annual inflation rate in September at 2.8 percent

Efforts underway to restore internet connectivity in Kuwait following cable damage

CITRA is closely monitoring the situation with the affected company to expedite repairs and restore normal service quickly

GCC manages 38 percent of global SWF assets in 2024, Mubadala leads investments

SOIs could collectively reach $60 trillion in 2025 as GCC nations progress toward their economic visions