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GCC

GCC latest

Kuwaits Position in the GCC
May 1st, 2019 - 12:19 GMT

As the Qatar Blockade Continues a Neutral Kuwait Remembers the Gulf War

On the 24th of April 2019, Iraq signed a Memorandum of Understanding with the Gulf Cooperation Council (GCC). At the signing in Baghdad, GCC Secretary-General Abdul Latif bin Rashid al-Zayani praised the agreement as a call to frequent “political consultations [between Iraqi and GCC representatives] to allow for regular dialogue on issues of mutual interest.” His Iraqi counterpart, Foreign Minister Mohamed Ali al-Hakim agreed. “The security and safety of the ...
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The GCC made a big jump in the volume of intra-regional trade of GCC from $32 billion in 2005 to $100 billion last year.
October 3rd, 2013 - 10:25 GMT

Gulf states keen on taking their relationship further

A feasibility study into the GCC rail project was concluded in 2009 and the scheme is expected to involve the construction of 2,177 kilometers of track and cost at least $15.5 billion to $20 billion.
September 24th, 2013 - 09:59 GMT

GCC Rail Network: from concept to execution

Share of the oil sector to the Kingdom’s GDP dropped from 29.5 percent to 22.2 percent in the two periods, which is a good indication that the Saudi economy has been increasingly supported by the private and nonoil sectors.
September 24th, 2013 - 09:28 GMT

Say what? Saudi's GDP reached SR 2.66 trillion in 2012

The project is part of plans to build a $10 billion GCC rail link that will also connect with the proposed Friendship Causeway between Bahrain and Qatar
July 14th, 2013 - 10:55 GMT

Plan for railway tracks along Bahrain Causeway

The Kingdom’s trade surplus grew from SR 150.65 billion in 2002 to SR 874.17 billion in 2011, according to official data.
May 6th, 2013 - 12:22 GMT

Trade balance tipped in Saudi's favor

The UAE is highly confident that it is "immune" from global economic shocks
October 21st, 2012 - 01:14 GMT

Hubris in the UAE as it claims "immunity" from external shocks

Will railways be the future of transport in the MENA region?
October 16th, 2012 - 08:25 GMT

Rapid urbanisation in the MENA region needs rail infrastructure to steam ahead

Sukuk is playing a significant role in infrastructure development in the MEDA region
October 7th, 2012 - 09:59 GMT

Sukuk crucial to infrastructure development, new report shows

Pay rises for Qatari workers are in the cards
October 3rd, 2012 - 10:45 GMT

Pay rise on the cards for Qataris

Qatar's economy is still leading the way in the Middle East
September 9th, 2012 - 12:34 GMT

Oman's economy remains competitive, but is still behind Qatar, Saudi Arabia and UAE

Oman also has much smaller oil and gas reserves than the other five GCC member states
August 22nd, 2012 - 12:33 GMT

No oil slick for Oman: finances stay strong

Iraq remained the fastest growing market with exports and re-exports to the country increasing from only AED 4.1 billion from January to June of 2011 to a high of AED 19.4 billion for the same period in 2012, the report said
August 22nd, 2012 - 09:54 GMT

Saudi stays on top of Dubai export market

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