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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.

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 […]
NEWS DESK GCC UAE

Dubai Municipality opens registration for 13th Dubai International Best Practices Award for Sustainable Development

Dubai Municipality has opened the registration for the 13th edition of the Dubai International Best Practices Award for Sustainable Development, which will remain open till the end of August 2023. The award, which is organized by Dubai Municipality in cooperation with the United Nations Human Settlements Program, UN-Habitat, is one of the initiatives aimed at […]
NEWS DESK GCC UAE

Dubai Health Authority discusses Dubai Digital Health Strategy with healthcare stakeholders

Dubai, United Arab Emirates, May 30, 2023:  The Dubai Health Authority held a workshop today at the Emirates Towers in Dubai with more than 100 key healthcare stakeholders including health providers and technology partners to discuss the Dubai Digital Health Strategy. The strategy, which is in its finalization stages, aims to deliver patient-centric and data-driven
Business GCC UAE

UAE Participates in G20 Trade and Investment Working Group Meeting in India, Promotes Collaboration to Drive Global Economic Growth

His Excellency Juma Al Kait, Assistant Undersecretary for Foreign Trade Affairs at the Ministry of Economy, led a delegation from the UAE Ministry of Economy to the second G20 Trade and Investment Working Group Meeting (TIWG) in May in Bengaluru, India. The three-day forum, held under India’s G20 Presidency, brought together more than 100 delegates […]
Health GCC Lifestyle UAE

Cleveland Clinic Abu Dhabi supports Abu Dhabi’s Paired Kidney Donation Program by successfully completing a triple swap kidney transplant

Abu Dhabi, United Arab Emirates. May 30, 2023: Cleveland Clinic Abu Dhabi, a Mubadala Health partner, played a major role in a groundbreaking triple ‘kidney swap’ transplant case in the UAE where three patients received life-saving organs under Abu Dhabi’s Paired Kidney Donation Program. The program works with leading hospitals such as Cleveland Clinic Abu […]
NEWS DESK GCC Saudi Arabia

Saudi Transformation Catches Estonia’s Attention, Offers Assistance With Kingdom’s Transformation

Saudi Transformation Catches Estonia’s Attention, Offers Assistance With Kingdom’s Transformation: Estonia is closely observing Saudi’s transformation, with President Alar Karis expressing interest in becoming a part of the Kingdom’s reform and growth story. During an interview, Karis shared his strong interest in the transformations happening in
NEWS DESK GCC UAE

Dubai Airports Set To Soar To New Heights With Ai-Powered Air Traffic Control Systems

Dubai airports are implementing AI to enhance the efficiency of their air traffic control systems. Last year, the Swedish aerospace company Saab got the Integrated Air Traffic Control Suite high-tech upgrade contract. Currently, the technology is being delivered and installed at Dubai International Airport, Al Maktoum International Airport (also known as Dubai World
Business GCC UAE

UAE’s Falcon 40B Dominates Leaderboard: Ranks #1 Globally in Latest Hugging Face Independent Verification of Open-source AI Models

Abu Dhabi, United Arab Emirates — Falcon 40B, the UAE’s first large-scale open-source, 40-billion-parameter AI model launched by Abu Dhabi’s Technology Innovation Institute (TII) last week, soared to the top spot on Hugging Face’s latest Open Large Language Model (LLM) Leaderboard. Hugging Face, an American company seeking to democratize artificial intelligence through