The GCC nations are looking at the $500-billion market for Green Hydrogen by 2050, but will it be enough?

Across the MENA region, years of corruption has left countries woefully unprepared to face the COVID-19 pandemic

The relations between the Arab world and China have touched new highs particularly after China launched the Belt & Road Initiative project in September 2013.

The airport City Central Park is designed as a botanical garden.

Demand for food in the Gulf Cooperation Council (GCC) will reach 52.4 million metric tons (MT) by 2025, up from 46.8 million in 2020.

The two sides have not had a mutual FTA for more than 10 years now.

The growth was spurred by abundant liquidity created by easing monetary and fiscal policies besides a rebound in oil prices.

The Covid-19 pandemic has acted as a force multiplier for existing cyber threats while giving birth to a whole new set of cyber risks. Cyber criminals have switched tactics to exploit the new reality of remote working on personal devices. In 2020, the UAE has experienced around 15.8 million brute...

As part of economic transformation, some Gulf countries seek to achieve targets in digital transformation via long-term plans such as Saudi Vision 2030 and UAE Vision 2030.

DUBAI: Kuwait’s equity market sustained its upward momentum in August as Kuwait All Share index rose 3.1 percent for the month and 22.4 percent for the year, according to Kuwait Financial Centre, Markaz. In its Monthly Market Review report for August, Markaz said the market liquidity in August, as indicated...

Saudi Arabia and the UAE are already off the starting mark in their efforts to supply alternative fuels to the global maritime industry.

The group has endorsed the full acquisition of BMB Group.

The Arab world may be awash in oil and other minerals, but it is lacking in that one commodity upon which the whole existence rests: water.

The UAE and Saudi Arabia have already formed policies to regulate cryptocurrencies, while Bahrain has given an official stamp on CoinMENA, which has got regulatory approvals. Now Islamic banking-compliant cryptocurrencies are also in the fray.

Local media showed women picking up customers in the Al-Ahsa governorate.

While joblessness will be a worry, the economies of the GCC countries are expected to grow by about 2.5 percent between 2021 and 2023.

The Gulf hotel sector's investments, according to reports, have reached $27 billion. New hotel projects worth $3.5 billion in the region were approved in 2020, indicating that investors expect the hotel market to return to normal in the next two or three years when activities resume at normal level.

Family-owned businesses in the Middle East, estimated to be worth more than $1 trillion, have been bogged down with issues such as corporate governance, estate planning and succession.

Private banks cater to the complex banking needs of the Ultra High Net Worth Individuals and High Net Worth Individuals whose number has been increasing in the region.

The GCC might have been a late entrant to the exclusive club of space programs, but with its deep pockets it has gradually squeezed its way to the top.

Expanding regional and global footprints, high revenues, cheap capital to invest and diversification key factors that hastened the merger processes.

Arab-based platforms such as Starz Play, Wavo, and OSN have become local competitors to Netflix and gaining the ground fast as alternative sources for entertaihment.

For the first half of 2021, GIB reported a net profit of $17.7million.

India's new Minister for Petroleum and Natural Gas, Hardeep Singh Puri,  makes courtesy calls to his counterparts in major oil producing countries in the Gulf, including Saudi Arabia, UAE, Qatar and Kuwait.

GCC demands Iran’s nuclear program, ballistic missiles, and its support for militias must be included in ongoing talks in Vienna between Iran and five world powers

Only Saudi Arabia traded more with Bahrain, with the total value reaching $781 million during the quarter Oman was followed by Kuwait, which recorded $99 million in bilateral trade in Q2 There has been an unexpected surge in trade between the United Arab Emirates (UAE) and Bahrain in the second...

The UAE’s booming economy and the gradual opening up of the world markets helped Abu Dhabi Securities Exchange’s market capitalization to cross US$300 billion (AED1.1 trillion) on 12 July 2021.

The GCC has hotel investments worth $27 billion in the pipeline, said the Arabian & African Hospitality Investment Conference (AHIC)

Griffith Foods and the IFFCO Group are launching a joint venture in the Middle East to make and sell food ingredients

Germany recorded 1.6 million overnight stays from the Gulf region in 2019 A campaign aims to inspire travelers to journey off the beaten track this summer Undaunted by the dipping level of tourists from Saudi Arabia due to the Covid restrictions, Germany hopes to encourage travelers from Saudi Arabia in...

Austria will open border for tourists from all across the world, including GCC, from July 1 The move comes as the European country post looks to implement a post-Covid-19 strategy Austria has announced that it will open its border for tourists from all across the world, including those in the...

Virtual event promises to catalyze a new era of economic collaboration Day-long summit will host discussions featuring high-profile investors from  KSA, Gulf, and top experts from the UK The longstanding ties between the UK and the Gulf Cooperation Council are set to receive a major fillip as the biggest names...

  Pent-up demand may lead to vigorous recovery in Gulf travel, tourism, hospitality sectors in the second half of 2021 Recovery will ride on increasing adoption of technology   The Gulf Cooperation Council (GCC) countries are experiencing a fast economic recovery and the pent-up demand could manifest in a vigorous...

  Report provides banking industry leaders with analysis along with insights and forward-looking views Cost and operational efficiencies expected to remain a top priority for banks in 2021   The overall non-performing loans (NPL) ratio for the Gulf Cooperation Council banking sector has increased by 0.4% and now stands at...

Incorta, a US data analytics company, conducted the survey About 153 business leaders in 11 industries from Egypt,  GCC took part in the survey About 66 percent of the business leaders in Egypt and the countries of the Gulf Cooperation Council (GCC)  plan to invest more in data analytics this...

  The combined entity will turn it into a $100m technology solutions company Kalaam will be among the top three ISPs in the GCC and the only operator with an ISP license for Bahrain, Kuwait and Saudi Arabia     Kalaam Telecom, Bahrain's leading technology solutions provider, has announced the...

  Award categories are SME Family Business, Non-Family Executive, NexGen Venture and NexGen Innovation Family businesses contribute to 60 percent GDP of the GCC   The Family Business Council Gulf (FBCG) has unveiled the first ‘Family Business Awards’ in the GCC region to honor organizations for their continued success across...

It has 7,542 solar panels producing electricity The facility is expected to reduce the emission equivalent of 5,300 tons of carbon dioxide per year Abu Dhabi’s largest solar-powered car park is complete, announced renewable energy firm Abu Dhabi Future Energy Company, aka Masdar, and Abu Dhabi Airports. With 7,542 solar...

    The fair saw buyers from several GCC states in attendance It signaled that APEDA has begun export-oriented marketing of the aforementioned products Covid-19 cases fall in India A virtual trade fair for exotic seasonal fruits, vegetables and floricultural products, organized by India’s Agricultural and Processed Food Products Export...

Under the current restrictions, people from only 7 countries, including Australia, Israel, Singapore, can enter the EU  Gulf residents are expected to spend heavily on holidays this year as borders are opened European Union has agreed on Wednesday to ease COVID-19 travel restrictions on visitors from around the world ahead...

EU to lift curbs on high-spending tourists from the GCC Thousands of travelers from the Middle East are expected to visit the continent European Union has agreed on Wednesday to ease COVID-19 travel restrictions on visitors from around the world ahead of the summer tourist season. Ambassadors from the 27...

Small island nation Bahrain is spearheading its investment in the technology sector in a bid to position itself as a major technology and innovation hub in the region. During the past few months, many new initiatives have been taken by the government to boost the technology domain while some of...

Because of the ongoing disruptions and also due to the recent introduction of Value Added Tax (VAT) in the region, business top lines are under significant pressure. This has forced companies to look at organizational structures and ways of optimizing and reworking an organization’s cost base. Further, the business leaders...

By Allegra Salvadori Too much have been said about women empowerment that the binomial has now become an overused concept, to the point of losing its original meaning and effect. What we know, is that women empowerment is “something” that must be done. But how and by whom, is not...

Gulf Cooperation Council (GCC) nation Bahrain is pursuing the path of diversification and has been able to diversify its economy quite efficiently in the last few years. Over the time, Bahrain has been able to cash in on the unexplored potential of sectors like tourism and technology. Owing to its...

Marvin Ammori, General Counsel, Hyperloop One, speaks to TRENDS about the sustainability of future mobility while keeping in mind the fast moving technology and ongoing transformations. How everybody is talking about new innovative concepts that are shaping the transportation sector. Hyperloop is one of the most revolutionary concepts of all....

The Algerian pharmaceutical sector, which depended upon massive imports to fulfill medical supply needs, is now on a path of rapid and positive progression. With an aim of improving the local medicine and medical supply needs, and to acquire scientific, technological and technical know-how, Algeria is working on important partnerships...

For the first time ever, the Kingdom of Saudi Arabia will host the “Arab Women Forum” as part of the fourth edition of the “Top CEO Conference and Awards,” which is set to return to the country for the second time on 10th and 11th April at King Abdullah Economic...

A massive economic diversification exercise is underway in the Middle East to gradually end dependency on fossil fuels for a sustainable future. One sector, which has immensely benefitted from the exercise is that of renewable energy. Over the years, it has not only emerged as a reliable and viable means...

The “Top CEO Conference and Awards” will return to Saudi Arabia for the second time on 10th and 11th April 2018 at King Abdullah Economic City, where business leaders and more than 40 expert speakers from across the Arab Gulf and the Middle East will gather to discuss the burning...