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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.

Under The New Tech House Initiative, Saudi Startups Hope To Work More Closely With Pakistan
Business GCC Saudi Arabia

Under The New Tech House Initiative, Saudi Startups Hope To Work More Closely With Pakistan

Following the announcement of plans to form a joint technology house, Saudi startups at Pakistan’s largest tech conference are looking toward future collaboration with the South Asian nation. About 50,000 people, including representatives from 500 companies and 200 exhibitors from more than thirty countries (including a delegation from Saudi Arabia), attended Future
Business GCC Saudi Arabia

Simone Inzaghi: “Thank you Saudi Arabia for hosting the Italian Super Cup match”… Stefano Pioli: “We must work better to raise the bar”

Riyadh, Saudi Arabia — A press conference was held after the Italian Super Cup last night, between AC Milan and Inter Milan, staged at King Fahd Stadium in Riyadh at 10:00pm (local time), brought by Saudi Ministry of Sport as part of the sporting events in Diriyah’s 2nd Season. Inter Milan coach Simone Inzaghi thanked […]
Business GCC UAE

UTI celebrates 60th anniversary in Dubai

Dubai – January 19, 2022: One of India’s largest and oldest Asset Management companies, UTI Asset Management Co. LTD (UTI-AMC), today said investors from the Middle East and North Africa (MENA) region have a huge opportunity in the surging growth of India with the country’s economy on its way to being a US$5 trillion economy. […]
Business GCC Saudi Arabia

Saudi Arabia is creating a global model for economic resilience and collaboration

Davos-Switzerland. — The rapid economic transformation of Saudi Arabia and its global role in bringing near-term stability while driving long-term transformation was the subject of a high-level panel on the third day of the World Economic Forum at Davos. The session, titled “Saudi Arabia’s Transformation in a Changing Global Context”, featured four speakers from the
Business GCC Saudi Arabia

Saudi Fund for Development expands operations in the Caribbean countries with agreement to fund expansion project of University of the West Indies at Five Islands in Antigua and Barbuda

Saint John’s, Antigua and Barbuda — The Saudi Fund for Development (SFD) CEO, Mr. Sultan Al-Marshad, and Honorable Gaston Browne, Prime Minister of Antigua and Barbuda, signed an $80 million financing agreement for the expansion project of the University of the West Indies at Five Islands (UWI) in Antigua and Barbuda. The agreement represents a […]
Real Estate GCC UAE

Espace Real Estate Spearheading Robust Expansion In Dubai With Positive Outlook for 2023

Justin Froes
John Lyons, Managing Director of Espace Real Estate says, “As primarily a secondary-homes brokerage, in the past year we have experienced a 37% increase in buyer registrations in comparison to 2021. Property listings have slowed down by 17%, indicating that robust demand outstrips supply in Dubai's vibrant real estate sector. As demand for Dubai Real Estate shows no signs
Business GCC UAE

The Sharjah Prize in Public Finance Holds An Introductory Seminar in Cooperation with the Ministry of Economy and Finance

Sharjah, United Arab of Emirates — The Central Finance Department held an introductory symposium in the Kingdom of Morocco on the second edition of the Sharjah Prize in Public Finance, as part of its plan and agenda for organizing a series of seminars for the second phase, which will end this month. The symposium opened […]
Tech GCC UAE

2023, A Landmark Year for Paytech in the UAE

DUBAI (19 Jan):  The fintech industry in the UAE is experiencing a momentous growth, driven by a favorable business environment, the increasing adoption of digital technologies, and the government’s efforts to promote innovation in the financial sector. According to Statista the digital payments market in the UAE is estimated to surpass 7.90
Business GCC Saudi Arabia

Global energy security depends on geopolitical stability – Saudi Foreign Minister tells WEF23

Davos, Switzerland — Geopolitical stability is “absolutely key” to global energy security, Saudi’s Foreign Minister told the World Economic Forum’s 2023 Annual Meeting in Davos on Tuesday. During a high-level panel titled ‘Keeping the Lights amid Geopolitical Fracture’, His Highness Prince Faisal bin Farhan Al Saud, Saudi Arabia’s Minister of Foreign Affairs, emphasized
NEWS DESK GCC UAE

Sustainable Trade at Abu Dhabi Sustainability Week

Abu Dhabi, 18 January 2023:  His Excellency Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, highlighted the importance of placing sustainability at the forefront of economic and policy agendas during keynote speeches and ministerial meetings at Abu Dhabi Sustainability Week (ADSW). During his visit to ADSW, the Minister was the […]
Expo GCC UAE

StoneX Group Inc. joins the iFX EXPO Dubai 2023

Steady Growth Steps in the Middle East From January 16th to 18th, 2023, A Fortune 100 company with a nearly 100-year track record, StoneX Group Inc – that serves more than 50,000 commercial, institutional and payments clients, and more than 370,000 retail accounts, from nearly 80 offices across six continents- will be participating in iFX […]
Business GCC Saudi Arabia

Saudi, WEF launch innovation accelerator, explore collaborations in global metaverse village

Davos, Switzerland — A high-level delegation from Saudi Arabia participated in a multilateral meeting with the World Economic Forum’s (WEF) leadership at WEF’s 2023 Annual Meeting. His Highness Prince Faisal Bin Farhan Al Saud, Minister of Foreign Affairs, Her Royal Highness Princess Reema bint Bandar Al Saud, Ambassador to the United States of America, His […]