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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 UAE

UAE establishes National Media Authority to oversee media sector

Image Credit : WAM The UAE Government has issued a Federal Decree-Law establishing the National Media Authority, a new body tasked with regulating and developing the country’s media sector while strengthening its regional and international presence. The decree provides for the creation of a federal public authority affiliated with the Cabinet. The National Media Authority
Finance News Tech UAE

Dubai’s DIFC joins global privacy alliance, pioneering new data standards

Photo Credit: WAM Dubai, UAE — December 2025 — The Dubai International Financial Centre has become a member of the Global Cross-Border Privacy Rules Forum, marking a significant milestone as the first jurisdiction outside the Asia-Pacific Economic Cooperation bloc to do so. According to the Emirates News Agency, the announcement was made during a recent […]
Banking News UAE

No more OTPs for UAE banking as lenders roll out new in-app payment approvals by 2026

UAE banks are beginning to phase out traditional one-time passwords sent via SMS or email, replacing them with in-app transaction approvals aimed at improving speed and security. The move comes as financial institutions respond to a rise in phishing attempts, SIM-swap scams and OTP interception, which have made text-based verification increasingly vulnerable. Under the new