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GCC

GCC latest

GCC leaders meet in Jeddah
April 28th, 2026 - 06:35 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

GCC leaders meet in Jeddah

ALBAWABA- Leaders of the Gulf Cooperation Council (GCC) held an extraordinary consultative summit in Jeddah on Tuesday, chaired by Saudi Crown Prince Mohammed bin Salman, as rising regional tensions from the US-Israeli military campaign against Iran and Tehran’s retaliation continued to threaten Gulf stability. The summit brought together Qatar’s Emir Sheikh Tamim bin Hamad Al Thani, Bahrain’s King Hamad bin Isa Al Khalifa, and Kuwait’s Crown Prince Sheikh Sabah Khaled ...
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The UAE leads the pack with highest number of mergers both in terms of value and volume.
May 22nd, 2019 - 05:48 GMT

GCC Banking Sector to Witness Mergers Worth Nearly $1 Trillion

A report by the firm found that financial technology (fintech) in particular is seen playing a significant role in the growth and innovation strategy for governments across the emerging economies of Bahrain, the UAE and Saudi Arabia.
May 21st, 2019 - 07:39 GMT

Research Reveals How Bahrain Is Among First Countries to Adopt Fintech

Courtesy Ascia Al Faraj
May 20th, 2019 - 11:07 GMT

Meet Ascia Al Faraj, the Influencer With ‘Many Hats’

Growth is projected to slow to 1.2 per cent in 2019 as Oman’s commitment to the December 2018 OPEC+ output cut constrains oil production.
May 19th, 2019 - 07:59 GMT

World Bank: Oman to Have Highest Growth Rate Among Its Peers in GCC in 2020

Healthy levels of growth in the construction sector have a direct impact on demand for the latest tools, hardware, materials and machinery across the region
May 16th, 2019 - 08:02 GMT

GCC Construction Sector to Secure Over $138.5 Billion Contracts This Year

In the US administration, hawks are pushing for war.
May 14th, 2019 - 12:06 GMT

This Is the Only Solution to Get Past US-Iran Brinkmanship in the Gulf

Globally, stock markets fell on Monday after trade talks between the US and China wrapped up without an agreement.
May 14th, 2019 - 05:53 GMT

US-China Trade War, US-Iran War Fear Affect Global Stocks Markets

In 2018, GCC Islamic banks expanded slower than conventional peers for the first time in five years
May 7th, 2019 - 07:00 GMT

S&P: GCC Islamic Banks to Show Resilience in 2019,2020

The agenda of the Trade Cooperation Committee’s meeting featured a number of topics of common interest that were the focus of discussions and decision-making. 
May 2nd, 2019 - 09:58 GMT

Despite Blockade Against Qatar, GCC Ministers Meet to Discuss Economy, Trade in Oman

Growth in oil exporters is projected to remain subdued relative to 2018.
May 1st, 2019 - 06:49 GMT

IMF: KSA, UAE, Egypt to Witness Economic Growth in 2019

Despite the uncertainty thrown up by Brexit, there are bigger macro political considerations that are helping to cement London’s position as the number one global property investment destination.
May 1st, 2019 - 06:07 GMT

Will GCC Money Return to London Property Market After Brexit?

In the GCC region, the non-oil sector in the GCC is expected to be the primary engine of growth in 2019.
April 18th, 2019 - 06:43 GMT

UAE's Real Estate Sector to Remain Weak Despite GDP Growth

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