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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 Saudi Arabia

Humanitarian Forum In Riyadh Promotes Innovation, AI Usage In Disaster Response

At the heart of the Riyadh International Humanitarian Forum was the need to reduce funding gaps in humanitarian aid and use science and innovation for quicker response and coordination. This third forum was put together by the United Nations and its humanitarian groups with help from the King Salman Center for Relief and Humanitarian Aid. The event took […]
NEWS DESK GCC UAE

UAE & Ukraine review progress of CEPA negotiations

H.E. Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, held a meeting with Yulia Svyrydenko, First Deputy Prime Minister and Minister of Economic Development, Trade and Agriculture of Ukraine; and Taras Kachka, Ukraine’s Deputy Minister of Economic Development, to discuss the latest developments with regard to the establishment of a Comprehensive […]
Tech GCC UAE

Microsoft UAE to host Ignite Spotlight technology event

March 9, 2023; Dubai, United Arab Emirates – Microsoft UAE today announced the return of Ignite Spotlight, an event related to Microsoft Ignite – the company’s flagship networking and skilling summit for technology enthusiasts. Returning as an in-person event, Tailored to individual markets, Microsoft Ignite Spotlight is aimed to empower  the region’s technical
Business GCC UAE

Best’s Market Segment Report: Intense Price Competition Erodes Profitability of United Arab Emirates-listed Insurers in 2022

LONDON — The insurance market in the United Arab Emirates reported a marked deterioration in underwriting profitability in 2022. In AM Best’s opinion, this largely reflects the highly competitive market conditions and continuous pricing pressures, particularly in the core motor and medical lines, which account for a large proportion of retained risk in the market. A
NEWS DESK GCC UAE

Business leaders in UAE celebrate #EmbraceEquity

Dubai, UAE; March 8, 2023: The UAE’s business leaders have highlighted the achievements of women in the Arab world and their contribution to social, economic and cultural growth, underlining the value of #EmbraceEquity, the theme of the International Women’s Day celebrated on March 8. Highlighting the focus of businesses in the region to promote a culture of […]
NEWS DESK GCC UAE

Dwight School Dubai’s Student-led ‘Zayed Crew’ Champion Emirati Culture and Heritage

UAE, March 2023: Dwight School Dubai, one of the leading International Baccalaureate (IB) Continuum schools in Dubai, celebrates the deep-rooted understanding of Emirati values through its first dedicated student-led committee, the Zayed Crew. Inspired by the country’s Founding Father, the late His Highness Sheikh Zayed, students at Dwight School Dubai launched the club
NEWS DESK Bahrain GCC

Airbus supports Bahrain Grand Prix 2023

Dubai, UAE – 8 March 2023– Airbus once again served as the critical communication technology partner at the Bahrain Grand Prix this past weekend, rolling out its mission-critical solutions for the 2023 F1 season opener. A continuation of the company’s proud involvement with annual F1 events that take place across the GCC, Airbus provided the […]
Business GCC UAE

Pacific Prime Dubai Wins Cigna Middle East’s Individual Broker of the Year Award for the Third Time

DUBAI, United Arab Emirates — Global insurance brokerage and employee benefits specialist Pacific Prime is proud to win Cigna Middle East’s Individual Broker of the Year Award 2022, marking the brokerage’s third consecutive year winning the award. The team from Cigna presented the award on February 15th, 2023 at Dubai Creek Golf and Yacht Club’s […]
NEWS DESK GCC Qatar

Qatar ranks 1st globally in efficiency of the labor market

07 March 2023- Qatar has secured the top position globally in the ‘efficiency of the labor market’ and ‘employment rate with vocational education’ in the Global Knowledge Index (GKI) 2022, which was published by the United Nations Development Programme (UNDP) in partnership with the Mohammed bin Rashid Foundation Al Maktoum Knowledge Foundation (MBRF). The GKI […]
Business GCC Saudi Arabia

EXPERTS GATHER IN RIYADH TO DISCUSS JUDICIAL TECHNOLOGY AT THE INAUGURAL INTERNATIONAL CONFERENCE ON JUSTICE

RIYADH, Saudi Arabia — Saudi Arabia’s Ministry of Justice is organizing the first International Conference on Justice in Riyadh on 5-6 March, 2023. The Conference will bring together experts, jurists and key decision makers from the legal sectors of over 30 countries to discuss the future of technology and digitization in the field of justice. […]
Business GCC Saudi Arabia

Saudi Arabia makes a $5 Billion deposit at the Central Bank of Turkey through the Saudi Fund for Development

Turkey, İstanbul — In implementation of the directives from the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness Crown Prince and Prime Minister, Mohammed bin Salman Al Saud, KSA Minister of Tourism and Chairman of the Saudi Fund for Development (SFD) Board of Directors, H.E. Mr. Ahmed […]
NEWS DESK GCC Saudi Arabia

Saudi Arabia’s Entertainment Authority Will Host The First IAAPA Trade Summit In The Middle East

Together with the IAAPA, the Saudi General Entertainment Authority (GEA) will organise the IAAPA Middle East Trade Summit from March 5th to 8th. During this time, there will be workshops focusing on the real-world experiences of experts in the entertainment industry. The trade summit is the first of its kind in the Middle East. It includes dialogue sessions with […]