Tag: GCC

Free trade negotiations between GCC, India mark a new phase of partnership, says secretary-general

RIYADH: The Gulf Cooperation Council’s secretary-general affirmed that the negotiations for a free trade agreement between the GCC and India, and the signing of...

Gulf Crypto 2.0: How the GCC is shaping the future of digital asset regulation

The GCC is steadily positioning itself as a regulation-led digital-asset hub, designed to attract institutional capital rather than speculative trading The Gulf’s crypto conversation has...

GCC economic growth set to accelerate to 4.3% by 2027: GCC-Stat 

JEDDAH: Economic growth across the Gulf Cooperation Council is set to accelerate to 4.3 percent by 2027, driven by expanding non-oil sectors, following a...

A Historic Turning Point GCC IPO Boom Raises $13.2 Billion!

A New Era in Gulf Capital Markets Capital markets in the GCC are undergoing a seismic shift. Long dominated by state-owned giants and energy-linked listings,...

Oman’s Bold Tax Move: A Sign of What’s Next for the GCC

Oman’s recent decision to introduce a personal income tax by 2028 is, in my view, a milestone for the region — and one that...

UAE banks record highest return on equity in the GCC

UAE-listed banks once again topped the GCC with the highest return on equity(RoE) at the end of the third quarter of 2024 at 16.8...

Dubai bourse leads GCC peers in September gains

Cementing its status as a key enabler of the UAE’s non-oil economy, the DFM General Index recorded a 4.1 per cent increase last month,...

GCC Statistical Center Praises Saudi Arabia’s Achievements on 94th National Day

The Gulf Cooperation Council Statistical Center praised the remarkable achievements made throughout Saudi Arabia during its 94-year journey, highlighting key statistics in various economic,...

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Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

Info Edge has approved a commitment of up to...

Scoop confirmed: AI platform MeltPlan raises $10 million to make construction boring

MeltPlan, a pre-construction AI platform, today said it has...

Indian agentic AI startup Gushwork raises $9 million to expand engineering teams

Gushwork, an agentic AI startup raised a $9 million...

Nvidia forecasts upbeat sales on AI chip demand, talks up long-term prospects 

SAN FRANCISCO: Chipmaker Nvidia forecast first-quarter revenue above market estimates...

IIT Madras alumnus-founded deeptech startup Tattvam AI raises $1.7 million in funding

Tattvam AI, a deeptech startup building AI systems to...