Tag: GCC

GCC economy could get $2 trillion boost via green finance by 2030

Developing the right structure and mechanisms for green finance can help the GCC countries unlock up to $2 trillion in GDP contribution and generate...

GCC, UK Agree to Proceed with Free Trade Agreement This Year, Albudaiwi Says

Gulf Cooperation Council (GCC) Secretary-General Jasem Mohamed Albudaiwi said there is an agreement between the GCC and the United Kingdom (UK) emphasizing the importance...

Non-oil sector to drive GCC growth to offset oil output cut impact

The GCC’s non-oil sector will remain the key growth driver for the region in 2024 and beyond while the overall GDP is expected to...

KSA Participates in GCC-US Trade and Investment Dialogue and SelectUSA Investment Summit

The Kingdom's delegation, led by General Authority of Foreign Trade (GAFT) Deputy Governor for International Relations Abdulaziz bin Omar Al-Sakran, participated in the fifth...

GCC growth set to pick up from September

The anticipated interest rate cuts and a projected boost in oil output will lead to a significant pick up in GCC economic growth momentum...

Zoho on track to expand footprint in GCC

Zoho Corporation, a fast-growing Indian enterprise software firm, said its decision to invest millions of dollars in the UAE and Saudi Arabia underscored the...

GCC to lead the Mena region in mergers and acquisitions transactions in 2024

Mergers and acquisitions (M&A) activity in the Middle East and North Africa (Mena) region maintained strong momentum throughout 2023, reaching a total deal value...

UAE reiterates support for GCC efforts to enhance intra-regional trade and investment flows & establish legislative frameworks for e-commerce

Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, led a high-level UAE delegation at the 66th GCC Trade Cooperation Committee...

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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...