Tag: GCC

GCC sukuk issuance rises 13.1% as Saudi Arabia leads despite conflict concerns 

Sukuk issuance across Gulf Cooperation Council countries rose 13.1 percent in the first four months of 2026, driven by strong local-currency borrowing in Saudi...

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,...

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UAE, Korea explore expanding strategic cooperation in energy, nuclear power, emerging technologies

Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum...

Tech, crypto firms to help tackle illegal wildlife trade

group of leading international technology, ​crypto and other ​businesses...

When AI access disappears overnight: The 12 sovereign models India is betting on

The idea of "sovereign AI" has often been dismissed...

SEBI board to consider reintroducing open-market window for buybacks tomorrow

A key proposal before the board is to reintroduce...

BMW cuts 2026 profit margin outlook over China slowdown, Middle East costs

German luxury carmaker BMW Group revised down its 2026...