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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

Saudi Re Year 2022 Premiums

(RIYADH): The Saudi Reinsurance Company (Saudi Re) has announced the annual financial results ending on 31 December 2022, noting that net profit before Zakat rose to $15 million compared to 14.19 million last year, with an increase of 6.4 percent. The Company’s 2022 results also recorded a rise
NEWS DESK GCC UAE

UAE Food Bank and Dubai Cares

Dubai, 27 March, 2023: Popular community supermarket brand Choithrams announces “Double Blessings,” an annual campaign supporting Dubai Cares, a civil society organization formally associated with the United Nations Department of Global Communications and UAE Food Bank, the first food bank in the country. In its second year, the ‘Double Blessings’ Ramadan campaign is
SVB Failure - Abu Dhabi-Based Investment Firm Royal Group Considering Takeover Of The UK Arm Of Silicon Valley Bank
NEWS DESK GCC UAE

SVB Failure – Abu Dhabi-Based Investment Firm Royal Group Considering Takeover Of The UK Arm Of Silicon Valley Bank

The Royal Group, an investment company funded by Abu Dhabi royal, is considering taking over Silicon Valley Bank’s (SVB) UK vertical in light of the current development of SVB’s bankruptcy. According to Bloomberg, Sheikh Tahnoon bin Zayed Al Nahyan, chairman of Royal Group and national security adviser for the United Arab Emirates, is debating
Education GCC UAE

Repton Abu Dhabi Champions Fifth Edition of Digital Summit

Abu Dhabi, March 2023: Repton Abu Dhabi, the Apple Distinguished School (ADS), hosted the fifth instalment of its Digital Summit in March 2023. 35 students from Years 6 to 8 across schools in the UAE used the applications of Artificial Intelligence (AI) to solve real-world issues including food wastage, educating refugee children, protecting endangered wildlife, […]
NEWS DESK GCC UAE

H.E. Mariam Almheiri highlights UAE’s ambition to scale collective action and innovative solutions

Her Excellency Mariam bint Mohammed Almheiri, UAE Minister of Climate Change and Environment, underlined the UAE’s ambition to scale collective action and develop innovative solutions to address the global challenge of water scarcity. Presenting to the UN Security Council Arria-Formula Meeting at the UN 2023 Water Conference, Her Excellency Almheiri said: “The stress on
NEWS DESK GCC UAE

Emirates Home Nursing extended its tribute to the UAE for its strategic initiatives in supporting mothers

Dubai, United Arab Emirates, 23 March 2023: On the occasion of Mother’s Day, Emirates Home Nursing extended its tribute to the UAE for its strategic initiatives in supporting mothers to cope with childbirth and motherhood. The healthcare facility commended the UAE’s efforts towards creating a safe and conducive environment for mothers and new-borns. The UAE […]
Tech GCC Saudi Arabia

London-based technology brand “Nothing” enters Kingdom of Saudi Arabia Market with Jarir Bookstore

Riyadh, Kingdom of Saudi Arabia, 22nd March 2023 – Jarir Bookstore, KSA’s longest established bookstore and leading consumer tech retailer, has announced an exclusive partnership with London-based technology brand Nothing, bringing Phone (1) to the Saudi Arabia market. Phone (1) will be available across all stores and Jarir.com starting from the 1st of March 2023.
Business GCC UAE

UAE-based financial sector reaffirms its commitment to spearhead sustainability goals ahead of COP28

Dubai, UAE – As global efforts to tackle climate change continue to gather momentum, pressure is mounting on the Middle East finance sector to play its rightful role by innovating and deploying initiatives and partnerships aimed at achieving environmental, social and governance (ESG) objectives. Ahead of the 28th Conference of the Parties (COP28) to the […]
Riyadh To Host International Conference To Examine Leveraging Digital Transformation In Justice Sector
NEWS DESK GCC Saudi Arabia

Riyadh To Host International Conference To Examine Leveraging Digital Transformation In Justice Sector

The Saudi Ministry of Justice, from March 5 to 6, 2023, will host the first International Conference on Justice in Riyadh. The goal of this conference is to bring together experts, judges, and important decision-makers from the legal fields of more than 30 countries to discuss how digital technology is changing the field of justice. Digital […]