Browsing: GCC

IPOs in the Gulf experienced a 55% decline last year, as indicated by data from Kuwait Financial Centre “Markaz.”

Shares in Aster DM Healthcare rose by over 12% and reached a 52-week high of Rs 449.70 on the NSE this Tuesday, in response to the company’s declaration of plans to consider distributing dividends to shareholders. This decision follows the sale of a majority stake in its GCC (Gulf Cooperation Council) business.

The GCC GOV HR & GOV Youth Empowerment Awards 2024, now in its 11th year,…

AIQ, a technology pioneer in AI-driven transformation, has partnered with Amazon Web Services (AWS) to offer its Well Insight software on AWS Marketplace.

Saudi Arabia’s Public Investment Fund (PIF) emerged as the leading global investor among sovereign wealth funds in the previous year, significantly expanding its investment portfolio, as outlined in a new report.

Oil-exporting nations across the Middle East and North Africa (MENA) are resolutely pursuing diversification strategies to confront economic uncertainties. The World Bank, in its assessment, highlights the ongoing commitment to diversification within the Gulf Cooperation Council (GCC) countries. These nations, with varying progress in diversification, are actively steering their economies away from dependency on hydrocarbon revenues. The GCC, comprising six key members, including major oil exporters like Saudi Arabia and the UAE, is dedicated to a transformation agenda.

SAL Saudi Logistics Services Company (SAL) has revealed its strategy to divest a 30% ownership…

UAE-based BHM Capital and Riyad Capital have announced a significant strategic partnership aimed at joint…

The first quarter of 2023 witnessed a thriving IPO market in the Gulf Cooperation Council…

In Jeddah, Saudi Arabia, Crown Prince Mohammed bin Salman welcomed the leaders of the Gulf…