The sovereign wealth funds from Saudi Arabia, Qatar and the UAE appear to have become go-to investors in difficult times for the global markets
After a strong performance last year, the GCC region is set to see more activity in its capital markets in the medium term
GCC central banks normally change their interest rates in lockstep with the US Fed as Gulf countries’ currencies are pegged to the dollar
Sovereign wealth funds in the GCC region continue to increase in number, size, variety and scope
Sukuk issuance is expected to plunge in Q3 2023 before picking up pace in the last quarter of the year
The service allows customers to fly to several GCC destinations both within and outside of the carrier’s network
We explore how the region is embracing esports and gaming as a significant cultural and economic force
Financial services embedded into existing business models are no longer optional, but necessary
Many GCC enterprise boards have been serious about driving ESG initiatives and the pioneers include Aramco, Emirates NBD, Masdar and Majid Al Futtaim Group
The licence scheme will enhance the country’s competitiveness and boost growth while encouraging the digital transformation of the economy
We explore the role of innovative technologies in achieving food security in the GCC region
Citizens of GCC countries currently pay GBP30 per visit to the UK under the current electronic visa wavier scheme while Jordanian nationals pay GBP100 for a visit visa
The firm will support UK companies seeking to engage in the Middle East in sectors such as healthcare, renewable energy and technology
The abundance of family money, rising government and financial support for startups complemented by the focus on economic diversification has put the region into the spotlight
Nikola Aksentijevic, head of Visual Display Division at Samsung Gulf Electronics, asserts that the increasing income levels and purchasing power of consumers in the region are fuelling the demand for premium products
The GCC has witnessed huge commitment from the global technology brand to drive innovation, aiming to create a smarter and more inclusive future for all
Badenoch’s trip comes as the total trade between the UK and GCC reached a record high of GBP61.3bn in 2022
The founder of the home-grown hospitality firm shares his company’s milestones and how hospitality in the GCC is poised for further growth
The city’s strategic location, exceptional infrastructure and amenities add to the factors that have raised its status as a medical tourism hub
Amanat also plans to consider further value creation options for Amanat Healthcare, including a potential initial public offering on a regional exchange in the near term
The increase of 4 per cent stake from 37.88 per cent reaffirms the family’s commitment to the business in India and GCC
The kingdom has built a financial services sector comprising more than 360 local, regional and global institutions
First available in Kuwait, the multi-currency accounts will soon roll-out in phases to customers across the GCC
The top five companies to work for in the large category include McDonald’s, Leminar Group, Al Dabbagh Group, Centrepoint and Chalhoub Group
More than half of FAB’s bond issuances in 2022 were in a ‘green’ format, with the bank aiming to further grow its range of sustainable offerings
Yango is an international ride-hailing service, operating in more than 20 countries worldwide
The emirate closed in on its pre-pandemic visitor figures of 16.73 million recorded in 2019
G42 Healthcare plans to set up laboratory facilities in Abu Dhabi to provide Somascan proteomic services for research and clinical applications
The new directive has come into effect from Tuesday, December 6
Remittances to the developing countries of the MENA region are estimated to have grown 2.5 per cent in 2022 to $63bn, compared to a 10.5 per cent growth last year