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Total public spending in GCC countries is projected to reach $542.1 billion in 2025
The conflict in Lebanon is estimated to have caused total direct damages across 10 sectors at $7.2 billion
Oman's decision marks a milestone for the region, where tax-free personal income has long been a defining feature of the social contract
Etihad Airways cancelled flights to several GCC destinations on Monday, namely Qatar
The GCC, with its abundant and low-cost solar energy resources, is set to become a leading producer of green hydrogen
Emirates has temporarily suspended all flights to Iran (Tehran) and Iraq (Baghdad and Basra), until Monday June 30, 2025
The move comes shortly after Valu’s successful listing on the Egyptian Exchange (EGX)
Markets across the Middle East (non-GCC) came in second, with exports and re-exports totaling AED 25 billion
Non-oil sectors in the GCC are forecast to grow 4.1 percent this year, supported by strong domestic demand
New policy will enable travel without a visa for stays of up to 90 days within any 180-day period
Banks report averagely decreased losses as Turkish inflation rates drop significantly in 2025
The UAE's growth is projected at 4.6 percent in 2025, and 4.9 percent in 2026 and 2027
Resuming SWIFT operations is expected to reduce informal trade channels in Syria’s economy
Gross merchandise volume orders are projected to grow 15 percent
Al-Shaar said the World Bank's estimate of $400 billion for rebuilding the economy is insufficient
From 2024 to 2028, all major MENA markets will see consistent growth in gaming revenues
UAE-listed banks showed the biggest absolute growth in net profits with an increase of $639.6 million or 11.8 percent
The signing marks the start of negotiations covering various sectors of mutual interest
The exact Eid al-Adha 2025 dates will be confirmed in each country according to its respective moon-sighting committee closer to the time
Intra-GCC tourism peaks during Eid, enhancing hospitality and entertainment sectors across multiple countries.
Saudi Arabia and the UAE continue to lead the region, representing over 75 percent of all retail sales today
Program provides eligible startups with Google Cloud credits to accelerate the development and deployment of their AI solutions
Housing prices increased by 5.9 percent, significantly impacting the overall inflation rate in the region
Move will help bolster the fintech’s growth and commitment to innovation, financial inclusion
