Browsing: GCC

The United Arab Emirates (UAE) has taken a significant step towards bolstering its industrial sector…

Dubai, United Arab Emirates – Ford Middle East has carried forward its robust 2023 sales…

The latest report from EY MENA IPO Eye shows that Saudi Arabia took the lead in IPO activities in the MENA region in the first quarter of 2024, with nine listings.

UAE’s tourism sector is anticipated to represent 12 percent of GDP this year, as stated by the country’s economy minister.

Tourism in Germany is experiencing a delightful surge in visitors from the Gulf Cooperation Council…

Abdulla bin Touq Al Marri, the UAE Minister of Economy, revealed proposals for the launch of the ‘GCC Grand Tours’ visa, a collective Gulf tourist visa, during the Arabian Travel Market’s (ATM) opening day.

Aluminium producers from the GCC are anticipated to increase exports to the US and European markets following the US and UK’s prohibition on trading Russian aluminium, copper, and nickel on global metal exchanges, and their importation into the US, analysts and company executives have stated.

Leading Indian fashion brand SHREE has announced its entry into the Saudi Arabian market, marking the occasion with the inauguration of its inaugural exclusive outlet in the Kingdom this week.

Securities and Commodities Authority (SCA) of the UAE actively enforced a regulation (pdf) since last Sunday, prohibiting onshore banks from promoting or marketing foreign funds to retail investors. This regulation allows only funds registered with the SCA to be marketed in the UAE to retail investors.

Burjeel Holdings has unveiled an extensive Environmental, Social, and Governance (ESG) strategy, outlining ambitious goals across four key areas, demonstrating a strong commitment to sustainable practices. Central to this strategy is the pledge to achieve carbon neutrality by 2040, indicating a significant shift towards a greener and more equitable future.