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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.
Photo Credit : WAM The Ajman Municipality and Planning Department has introduced a unified digital service that allows customers to cancel all types of rental contracts automatically once both parties approve the request. The new service removes the need to submit documents, undergo staff review or complete additional procedures. It is designed to eliminate 100 […]
Photo Credit: WAM Dubai, UAE — August 2026 — Parkin Company PJSC has signed a memorandum of understanding with Bahrain Parking Company “Amaken” B.S.C. to explore cooperation opportunities in vehicle parking technologies, digital mobility services, and regional business development. According to the Emirates News Agency, the agreement establishes a
Photo Credit: WAM Dubai, UAE — August 2026 — Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, met with Abdulla Attia Al-Mesbah, CEO of ADNOC Drilling, to discuss opportunities for strategic partnerships between the company and Egypt’s petroleum sector, including participation in an expanded program to drill onshore and offshore
Photo Credit: WAM Dubai, UAE — August 2026 — The Department of Health – Abu Dhabi and the Abu Dhabi Civil Defence Authority today held a launch ceremony at the Department’s headquarters for a new generation of smart, specialized ambulances, integrating them into the Unified Medical Operations Centre system to help speed up and improve […]
Photo Credit: WAM Dubai, UAE — August 2026 — The Sharjah Chamber of Commerce and Industry has held talks with the Embassy of the Republic of Korea to finalize preparations for a business delegation to Seoul, scheduled to run from August 23 to 30. The mission will be led by Haleima Hameed Al Owais, a […]
Saudi Arabia could become one of the world’s largest exporters of computing power and artificial intelligence services within the next eight to 10 years, according to DataVolt CEO Rajit Nanda. Nanda said the Kingdom has the potential to build a global position in computing comparable to its status as a leading oil exporter. DataVolt’s strategy […]
Dubai, UAE — August 2026 — Iraq’s government approved a plan to export crude oil through specialized international and domestic companies via multiple outlets, with contracts running for three-month terms starting September 1. The decision came during a session held Tuesday evening chaired by Prime Minister Ali Faleh al-Zaidi. The government recommended adopting a pricing
Photo Credit: WAM Dubai, UAE — August 2026 — DP World has completed a key phase of its $800 million investment programme to modernize Tartus port in Syria, delivering three mobile harbor cranes expected to boost cargo handling capacity by 40 percent. According to the Emirates News Agency, the crane delivery marks the first phase […]
Dubai, UAE — August 2026 — Dubai Customs’ efficiency helped push the UAE up in global competitiveness rankings, with the emirate directly influencing seven trade-related indicators and partially affecting 62 others, a new report shows. The 2026 competitiveness report, based on 30 global studies and 69 indicators, found the UAE’s top-10 percent global rankings rose […]
Dubai, UAE — August 2026 — The Frontline Heroes office has affirmed that Emirati youth stand today at the forefront of protecting the nation’s gains, describing them as the real engine behind the UAE’s broad development push as the country looks ahead with confidence. Marking International Youth Day, the office said in a statement that […]
Photo Credit: WAM Dubai, UAE — August 2026 — Emirati youth have poured AED 4.3 billion ($1.17 billion) into Sharjah’s real estate sector as of August 2026, according to a statistical report released by the Sharjah Real Estate Registration Department to coincide with International Youth Day. The cumulative figure reflects 7,052 traded properties held by
Image Credit : WAM Dubai, UAE — August 2026 — Dubai will welcome an elite roster of the world’s leading business and private aviation companies at the 11th edition of the Middle East and North Africa Business Aviation show, scheduled to run from December 8-10 at the Dubai Airshow Site in Dubai World Central. The […]
Photo Credit: WAM Dubai, UAE — August 2026 — ADNOC Logistics & Services PLC announced record results for the second quarter and first half of 2026, beating market expectations and underscoring the company’s operational resilience amid strong performance in services that help deliver energy products from the UAE to global markets. The company posted
Saudi Arabia’s operational renewable energy capacity increased by 88% year-on-year to 12,313 megawatts by the end of 2025, supported by the commissioning of five new solar projects. According to the Renewable Energy Statistics 2025 report issued by the General Authority for Statistics, the Kingdom had 15 operational renewable energy projects at the end of the […]
Photo Credit: Adnoc Dubai, UAE — August 2026 — ADNOC Gas plc announced its financial results for the second quarter of 2026 on Monday, posting net income of AED 2.44 billion ($665 million), surpassing the company’s guided range of AED 1.47 billion to AED 2.20 billion, despite what the company described as exceptional external disruptions […]
Photo Credit: SPA Dubai, UAE — August 2026 — Three Power Purchase Agreements were signed Wednesday in Damascus between Saudi Arabia’s Mohammed Ahmed Al-Harfi Company and the Syrian Electricity Company, advancing 760 MW of solar capacity under Saudi Ministry of Energy supervision. According to the Saudi Press Agency, the agreements cover Al-Harfi Company’s development of
Photo Credit : WAM Mubadala Investment Company has led a $250 million Series C funding round for global mobility company Moove, valuing the business at $2.1 billion as it prepares to expand its autonomous vehicle operations worldwide. The investment round was co-led by Woven Capital, Toyota’s growth fund, and Ion Pacific. New investors BlueCrest Capital […]
Photo Credit: WAM Dubai, UAE — August 2026 — Jordan’s Ministry of Planning and International Cooperation has signed a four-year Strategic Goals Agreement governing bilateral cooperation with the United States, marking the first such agreement with the current US administration. The agreement, valued at $354.6 million, aligns with Washington’s new direction on foreign
Photo Credit: WAM Dubai, UAE — August 2026 — Dubai will host the 22nd edition of the International Property Show from September 7 to 9 at the Dubai World Trade Centre, in strategic partnership with the Dubai Land Department. The event is expected to draw wide participation from investors, real estate developers, government entities, financial […]





























