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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.

Sustainability UAE

Dubai Bans Single-Use Bags From June 1, 2024

With Certain Exemptions Made Commencing on June 1, 2024, all businesses in Dubai emirate will be prohibited from selling single-use bags that are 57 micrometres thick or less. This measure, though challenging, is a significant stride towards preserving the environment and reducing plastic waste while enhancing businesses’ reputations as environmentally responsible
Banking Finance GCC UAE

How To Choose The Best Business Bank In UAE

Getting It Right Is A Game-Changer Choosing the right banking partner in the United Arab Emirates (UAE) is a fundamental decision that can significantly impact financial management and a business’s overall performance. Considered the commercial hub of the Middle East, where entrepreneurship thrives amid innovation and economic growth, the UAE has arguably one of the
Tech UAE

e& UAE Achieves The World’s Fastest 5G Speed

Reaching A Blistering 30.5Gbps e& UAE has set a new world record for the fastest recorded speed on its live 5G network, reaching an astonishing 30.5Gbps. This historic achievement was revealed during a demonstration at the SAMENA Leaders’ Summit 2024 in Dubai on May 13, 2024. Leading regional and global telecom players attended the annual […]
Aviation Saudi Arabia

Saudia Group Orders 105 Airbus A320neo Aircraft

To Meet Rising Passenger Demand Saudia Group, represented by Saudia and Flyadeal, has ordered 105 Airbus A320neo aircraft. The order, confirmed at the Future Aviation Forum in Riyadh, signifies a significant stride in the Arabian Gulf state’s pursuit of aviation goals. The undisclosed amount order encompasses 12 A320neo and 93 A321neo aircraft, catapulting Saudia
Lifestyle UAE

Vehicle Number Plates Auction Nets AED65 Million In Dubai

Plate (AA16) Fetches AED7,320,000 Dubai’s Roads and Transport Authority raised AED65.588 million in its 115th Premium Vehicle Number Plates Open Auction, held at the Hilton Dubai Al Habtoor City on May 20, 2024. This represents a 28% increase compared to the previous auction’s proceeds, totalling AED51.216 million. Plate (AA16) topped the charts, fetching a
Business UAE

Cloudera Primed For AWS Summit Dubai 2024

Showcasing Enterprise AI And Hybrid Data Solutions Cloudera is set to take centre stage at the AWS Summit in Dubai on May 29, 2024, as part of its commitment to transform data analytics and machine learning powered by the robust infrastructure of Amazon Web Services (AWS). AWS Summit Dubai, taking place at Dubai World Trade […]
Business GCC UAE

How To Invest In The US Stock Market From Dubai

S&P 500 And Nasdaq Are Global Benchmarks For investors based in Dubai, exploring opportunities beyond local markets – such as the US – can lead to diversified portfolios and potentially higher returns on investment. One such avenue worth considering is the US stock market. Renowned for its depth, liquidity, and historical resilience, the US stock […]