Diversification helps GCC surge in global markets
Gulf economies are witnessing transformative growth and resilience with the UAE, Saudi Arabia, and Qatar leading the way in global competitiveness, says a report.Is 2030 the finish line for the Gulf Railway Project?
The Gulf Railway aiming for completion by 2030, will link GCC nations with a comprehensive rail network, marking a new era in regional transportation and economic integration.Rising temperatures worry MENA region
The Middle East and North Africa (MENA) region faces severe climate change challenges, including water scarcity and extreme temperatures, with the area warming at twice the global average rate. This could lead to a temperature rise of 4 degrees Celsius by 2050, impacting daily life and the economy. While GCC...MENA’s $2trn construction boom boosts sustainability
With innovative technologies and a focus on reducing emissions, this transformation could position the region as a global leader in sustainable urban development.Gulf Common Market aims for economic unity by 2025
The bloc's initiative aims for a customs union by 2024, fostering competition and ensuring the smooth flow of goods between Gulf countries through joint economic action.Non-oil revenue boost shows GCC’s financial wisdom
The GCC nations exemplify financial prudence. Their continuous efforts to boost non-oil revenues, reform tax policies, and modernize and digitize global finances have fortified their financial standing and ensured robust financial and external buffers," Albudaiwi emphasizes.Gulf Common Market aims for economic unity by 2025
The bloc's initiative aims for a customs union by 2024, fostering competition and ensuring the smooth flow of goods between Gulf countries through joint economic action.ESG shapes MENA region’s urban regeneration strategy
ESG principles offer a solution framework as the region faces urbanization challenges, including unplanned settlements in cities like Cairo and Makkah, says a report.Middle East makes mark in Global Soft Power Index
TRENDS Infographics explores prominent Arab nations in the latest Global Soft Power Index, with the UAE leading the way by entering the top 10, a first for the Middle East.AI helps KSA rule Global Government Strategy Index
Saudi Arabia's impressive performance in the 2023 Global AI Index is attributed to its comprehensive National Strategy for AI and dedicated government agency.Gulf banks witness continued growth in lending activities
The first quarter of 2023 experienced a surge in credit demand, except for a slight dip in Qatar. The latest reports suggested a record $1.87 trillion in GCC gross loans, a robust 3.2 percent quarterly increase, while net loans rose by a slightly smaller 2.8 percent due to higher provisions...Qatar’s realty builds on robust infrastructure
The country aims to reach the volume of real estate trading to QR 100 billion (US$27.4 billion), especially since real estate trading is multiplying at an accelerated rate, pointing out that there are many indicators in favor of this sector, including promoting available investment opportunities, adds Dr. Abdullah bin Abdulaziz...‘Qatar’s economy is shining example of reforms’
The contribution of the non-oil sector to the growth of the economy is the strongest in the Gulf region, which indicates that the diversification that has been followed over the past years is bearing fruit, adds Georgieva during an interview on the sidelines of the Qatar Economic Forum in Doha.GCC women surpass men in education, empowerment
The GCC countries are committed to enhancing the status and competence of women, and providing support to ensure their active participation in all fields, whether at local, regional, or international levels, Albudaiwi adds while speaking at the women’s affairs meeting in Oman.GCC considers unified visa system to boost tourism
Ministerial-level talks are underway among the GCC nations to achieve a single visa agreement, says Bahrain's Tourism Minister Fatima Al Sairafi during an event in Dubai.UAE leads as infrastructure, technology investments boost logistics performance of GCC countries
The sector across the region, however, needs further improvements in timeliness and tracking and tracing systems, highlights the World Bank's latest Logistics Performance Index.GCC countries take steps to close gender pay gap
TRENDS Twitter poll suggests 48% candidates face discrimination during job recruitment process in the Gulf region, while 30% do not, and 22% remain unsure.Challenges continue to haunt businesswomen
Women entrepreneurs in the region are overcoming challenges and changing perceptions with support from communities and government initiatives, Nohir Saleh, CEO of Fashion Incubator Middle East, tells TRENDS.Number of visitors to Qatar rise by 138.3% in August
The highest number of visitors was from the GCC countries at 59 percent.Jeddah Summit enhances ties with US, GCC countries: Saudi minister
Saudi Minister of Investment Eng. Khalid bin Abdulaziz Al-Falih said that the Saudi-US and GCC-US summits, in the presence of Jordan, Iraq and Egypt, strengthens the solid relations and strategic partnership that exists among them.UAE’s trade surplus with GCC countries at Dh135 bn in 2021
The figures showed a 26 percent increase in trade between the UAE and GCC countries in 2021.Saudi Arabia, UAE woo major chunk of FDI in GCC
As foreign investors seek to take advantage of investment opportunities in the region, KSA and UAE get billions of dollars injected into their economies.India pitches for collaboration with GCC in steel sector
"As part of the Steel Week, one-to-one meetings were held with leading players in steel production and logistics industries based in the UAE," the Indian Ministry of Steel said in a statement.More women make positive impact on GCC businesses
In the wake of International Women’s Day, TRENDS highlights how courageous Arab women are making a difference in the business world through their position and experience.Social insurance protection is for all GCC citizens, says UAE
As per the system, the insured will receive end of service benefits in accordance with the retirement law in the person’s own country.IMF’s SDR allocation to benefit rich MENA nations
The SDR is an international reserve asset, created by the IMF in 1969 to supplement its member countries’ official reserves.Fledgling UAE rail network step towards bridging the Gulf
When completed, Etihad Rail will operate 1,200 km of track connecting all of the emirates *Authorities believe freight train will cut carbon emissions substantially In the desert emirate of Abu Dhabi, Ibrahim al-Hammadi inspects a freight train on the UAE's first railway line. He climbs aboard the locomotive, does a...




























