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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 UAE

GPRC Summit 2023 in UAE & KSA to examine loopholes in risk management in the digital era

Dubai, United Arab Emirates; 16 January 2023: With the fast-paced digitalisation and mounting regulations, many new risks have emerged, demanding firms to adapt their governance, risk and compliance (GRC) processes and capabilities, stay compliant, and enable agile and proactive decision-making. A recent research by IBM has revealed that over 62% of organisations think the
Events GCC UAE

World of Coffee Dubai 2023 concludes with great success

The World of Coffee Dubai 2023 exhibition, organised by DXB LIVE, the integrated event management and experiential agency of the Dubai World Trade Centre (DWTC), in association with the Specialty Coffee Association, attracted significant number of visitors on its closing day, Friday, January 13, 2023. The exhibition, in its second iteration, was a huge success […]
Business GCC UAE

The Sharjah Award for Public Finance holds an introductory symposium on its categories and criteria in the Arab Republic of Egypt

Sharjah, United Arab Emirates: Sharjah Finance Department (SFD) concluded an introductory seminar in the Arab Republic of Egypt on the second cycle of the Sharjah Award for Public Finance.  The seminar was part of a series of second-phase meetings scheduled to conclude at the end of January 2023. Distinguished representatives of government agencies and sectors […]
Business GCC UAE

LuLu Exchange partners with Mercury to launch UAE’s first digital native payroll card for WPS customers

Dubai, United Arab Emirates: LuLu Exchange – UAE’s leading cross-border payments provider, has rolled out the country’s first digital native WPS payroll solution in partnership with Mercury – UAE’s domestic payment network. The ‘Lulu Money Salary Card’ offers an app-first payroll process and works like a digital WPS account. The card is embedded with NFC […]
NEWS DESK GCC UAE

The UAE Ranks fourth in Tax Policy Category in World Competitiveness Yearbook among 63 economies

Dubai, UAE, 13 January 2023: The World Competitiveness Yearbook 2022 Peer Group rankings positioned the UAE 4th in Tax Policy category. Published by Switzerland-based International Institute for Management Development (IMD), the World Competitiveness Yearbook assesses and ranks 63 economies around the world and bases its classification typically on four main indicators –
NEWS DESK GCC UAE

Masdar City’s Innovate returns to Abu Dhabi Sustainability Week 2023 to showcase clean-tech companies

Abu Dhabi, United Arab Emirates; 12 January 2023: Innovate, Masdar City’s global initiative to support clean-tech companies, is returning to Abu Dhabi Sustainability Week to showcase clean-tech start-ups and enterprises. The three-day exhibition kicks off on January 16. It is supported by Masdar City’s start-up accelerator program, The Catalyst, which is providing 22
NEWS DESK GCC UAE

Second day of ‘World of Coffee Dubai 2023’ brings the world together with exceptional flavours of coffee

Dubai, January 12, 2023 – The second day of World of Coffee Dubai 2023 exhibition witnessed a tremendous increase in momentum of visitors on Thursday, January 12, 2033, as professionals and visitors from across the globe gathered to participate in distinguished events and activities at the pioneering event. The exhibition is being organised by ‘DXB […]
Business GCC Qatar

Ookla Commends the Communications Regulatory Authority of Qatar for Efforts to Help Improve User Experience During FIFA World Cup™

SEATTLE — Ookla®, an internationally recognized leader in network measurement and connectivity intelligence, commends the Communications Regulatory Authority (CRA) for the State of Qatar and the Ministry of Communications and Information Technology (MCIT) for their important roles in driving network performance gains in the country. Ookla CEO and founder Doug Suttles
Business GCC Saudi Arabia

Saudi Arabia participates in the World Economic Forum 2023 Annual Meeting with high-level delegation

Riyadh, Saudi Arabia — A high-level delegation from the Kingdom of Saudi Arabia is set to participate in the World Economic Forum (WEF) Annual Meeting 2023 in Davos, Switzerland, to enhance international cooperation and design joint solutions to today’s geopolitical, social, economic, and human development challenges. Returning to its regular winter format after the first