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GCC

Stay connected with the pulse of the Gulf Cooperation Council (GCC) region on menews247. Explore the latest news, economic developments, and business dynamics across the GCC countries.

From regional cooperation in Saudi Arabia to trade agreements in the UAE, and socio-economic trends in Kuwait, Qatar, Bahrain, and Oman, get your 24/7 insight into the GCC’s evolving landscape. We are your comprehensive guide to understanding the Gulf’s strategic importance and cultural richness.

NEWS DESK GCC UAE

UAE Council for Circular Economy discusses ways to accelerate and enhance Manufacturing, Food, Infrastructure, and Transport efforts

In the presence of Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, President and CEO of the UAE Independent Climate Change Accelerators (UICCA), the United Arab Emirates’ Circular Economy Council held its second meeting for 2023 today, chaired by Her Excellency Mariam bint Mohammed Al Muhairi, UAE Minister of Climate Change and Environment. The meeting
Sustainability GCC Lifestyle UAE

Dubai Municipality organizes environmental awareness events on World Environment Day

Dubai, United Arab Emirates, June 5, 2023 – Dubai Municipality organized a series of initiatives and events on World Environment Day, which is observed on June 5 every year. Through these events, the Municipality aimed to highlight the major environmental issues and the importance of conserving natural reserves as well as the sustainability of natural […]
NEWS DESK GCC UAE

16 New Content Creators Announced in Abu Dhabi

Abu Dhabi, UAE, 5 June 2023 – Leading digital marketing and transformation company MAGNITUDE announced the new stars of its groundbreaking ‘Digital Stars’ content creator learning program, a first of its kind in Abu Dhabi that aimed to elevate the skills and knowledge of digital storytellers in specialized fields. The program’s 16 content creators were […]
Business GCC Oman

Joyalukkas Exchange Oman adopted Artificial Intelligence aided technology to enhance the efficacy of sanctions screening

Muscat, Oman — With the success story in UAE, Joyalukkas Exchange has expanded the rollout of Artificial Intelligence-enabled compliance solutions to other countries. Joyalukkas Exchange is one of the leading money exchange houses in the Gulf and Effiya is the analytics technology partner in their journey of transforming AML/CFT compliance with AI and Machine learning.
Business GCC UAE

DIFC Innovation Hub Partners with Dubai Islamic Bank to launch 7th edition of AccelerateHER

Dubai, UAE; 5 June 2023: Dubai Islamic Bank (DIB) and Dubai International Financial Centre, (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, has partnered for the 7th edition of AccelerateHER. The Accelerator programme was launched in 2019 by the DIFC Innovation Hub to equip the next generation of women
NEWS DESK GCC UAE

The Supreme Committee for the Exploitation, Protection, and Development of Living Aquatic Resources on Boosting UAE Fish Wealth

Dubai, United Arab Emirates, June 2, 2023: Her Excellency Mariam bint Mohammed Almheiri, the UAE’s Minister of Climate Change and Environment (MOCCAE), recently presided over the inaugural meeting of 2023 for the Supreme Committee for the Exploitation, Protection, and Development of Living Aquatic Resources. The meeting’s central objective was to assess the
Energy GCC UAE

HE Al Zeyoudi Addresses US GreenTech Delegation in Dubai, Invites Private-Sector to Invest in Clean Energy Transition

Abu Dhabi, UAE – 2nd  June 2023:  His Excellency Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, addressed a US-led GreenTech delegation to the UAE, outlining the growth opportunities offered to companies developing low-carbon and alternative energy solutions in the UAE’s supportive ecosystem. He also emphasized the need for public-private
Business GCC Kuwait

Brands For Less Group Expands in Kuwait

Kuwait, May 2023: The BFL Group is pleased to announce the launch of three new boutiques in Kuwait. The group recently launched their third Brands For Less store in Al Rai with their first-ever Muy Mucho and Luxury for Less spaces opening on May 18th. The BFL Group is one of the world’s leading off-price retailers […]
Business GCC Saudi Arabia

TickerChart partners with Riyad Capital to provide seamless brokerage access for investors

June 01, 2023- TickerChart, a leading market information platform for investors in the Middle East, has signed an agreement with Riyad Capital, a Saudi-based investment firm and the investment arm of Riyad Bank, to bolster trade capabilities and improve the overall trading experience for investors in the capital market of Saudi Arabia. This collaboration enables […]
Business GCC UAE

Child restraint systems: Lack of ownership, usage and knowledge remain a key issue of road safety in the UAE

Dubai, United Arab Emirates — CYBEX, a leading German car seats and stroller brand and RoadSafetyUAE announce their partnership to address an important topic of road safety. The partners analysed the data of 3 research waves conducted before and after the introduction of the holistic seat belt law in 2017 and come forward with their […]
Business GCC UAE

UAE pledges additional $2.7bn in industry offtake agreements, invites global investors to leverage incentives

Abu Dhabi, United Arab of Emirates — His Excellency Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology, today announced $2.7 billion in offtake agreements for the UAE’s industrial sector in a move to boost local manufacturing, strengthen supply chains and attract international investors. Addressing the second Make it in the Emirates Forum, HE […]
Events GCC

Top 5 Tips To Executing A Successful Event

The events industry in the region is booming thanks to markets such as the United Arab Emirates (UAE) and Kingdom of Saudi Arabia (KSA) hosting large-scale international events and initiating national legislations to grow their events sectors in recent months.  Most recently, KSA launched its Events Investment Fund (EIF), pledging $3.7 billion in capital for […]
Business GCC UAE

UAE’s Falcon 40B, World’s Top-Ranked AI Model from Technology Innovation Institute is Now Royalty-free

Abu Dhabi- United Arab Emirates — The Technology Innovation Institute’s (TII) Falcon 40B, the UAE’s leading large-scale open-source AI model, is now free of royalties for commercial and research use, in response to global demand for inclusive access to AI. Ranked #1 globally on Hugging Face’s leaderboard for large language models (LLMs), Falcon 40B outperforms […]