INSEAD Day 4 - 728x90

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

Agthia profit, dividend jump

Transformation lifts earnings, cash generation.

2PointZero reports strong H1

Expansion drives earnings, revenue growth.

GCC’s two biggest trade allies are Asians

Asian countries are the major trade partners of GCC countries.
  • Experts believe the US is pulling back from the Middle East and shifting its attention and resources to the "priority theatre" of the Indo-Pacific.
  • But as the world recovers from the Covid-19 pandemic, the GCC countries are expected to play a more significant role in the ongoing Asianization of the global economy.

Dubai, UAE — The Gulf countries rely heavily on assistance from Asia, particularly China, to modernize their economies and diversify away from oil. The cooperation is taking place in areas like the new energy, artificial intelligence, and industrial diversification. Experts believe the US is pulling back from the Middle East and shifting its attention and resources to the “priority theatre” of the Indo-Pacific. But as the world recovers from the Covid-19 pandemic, the GCC countries are expected to play a more significant role in the ongoing Asianization of the global economy. This TRENDS video looks at the major Asian partners of the Arabian Gulf countries.