Tag: GCC

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,...

GCC can have big role in bitcoin mining’s green energy-driven future

As bitcoin mining undergoes major changes, the GCC region can have an important role in the transformation, which is being driven by a focus...

UAE leads in Q2 gross loan growth as GCC banks’ net profit surges to $14.8b

Net income reported by listed banks in the GCC reached a new record high during Q2 2024 after four out of the six country...

Strong GCC non-oil growth spurs Mena economic prospects

Driven by strong non-oil growth in GCC, economic prospects for the Middle East and North Africa region in have improved modestly with real GDP...

Leading Pakistan fintech raises $7.3 million to drive GCC expansion

PostEx, one of Pakistan’s leading fintechs, announces a $7.3 million pre-Series A funding round. The round was led by Conjunction Capital – the technology...

GCC markets accounted for 53.9% of Dubai Chamber of Commerce members’

- GCC markets accounted for 53.9% of Dubai Chamber of Commerce members' exports and re-exports during H1 2024 and top list of export destinations...

Revival of GCC-UK FTA talks set to boost two-way trade, investment

The move by the new British government to reboot negotiations with the GCC countries to secure a free trade agreement (FTA) is expected to...

GCC fixed income maturities to remain elevated

Fixed income maturities in the GCC are expected to remain elevated over the coming five years backed by issuances made during the pandemic years...

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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...