Higher Islamic debt issuances by Qatar and Saudi Arabia aided the expansion of aggregate sukuk in the GCC (Gulf Cooperation Council) in 2024, according to Kamco Invest, a regional economic think tank. Total sukuk issuances in the GCC reached a...

Qais bin Mohammad Al-Yousef, Omani Minister of Commerce, Industry, and Investment Promotion, has emphasized the significant expansion of trade and economic links between the Sultanate of Oman and the Kingdom of Saudi Arabia. This expansion...

In an attempt to break into a market controlled by regional behemoths with well-established gas and hybrid vehicle technologies, South Korea's Hyundai Motor announced on Friday that it would launch the most affordable small electric car...

Thomas B. Meier has been named the new CEO of Jumeirah, a leading global hospitality company and a division of Dubai Holding. Thomas has played a key role in steering Jumeirah through a number of significant turning points, and as part...

In a historic gesture aimed at improving ties between India and the Gulf Cooperation Council (GCC), GCC Secretary General Jasem Mohamed Al-Budaiwi will attend the Kochi Dialogue 2025, a Track 1.5 diplomacy event set for January 16-17 in...

The Sharjah Real Estate Exhibition (ACRES) will take place at Expo Centre Sharjah from January 22–25, organized by the Sharjah Chamber of Commerce and Industry (SCCI) in association with the Sharjah Real Estate Registration Department...

In an attempt to strengthen Dubai's role as a major international center for civil aviation and to expand drone delivery services, the Dubai Civil Aviation Authority (DCAA) and Keeta Drones have inked a Memorandum of Understanding (MoU). In...

In order to support the expansion and success of companies of all sizes, the Ras Al Khaimah Economic Zone (RAKEZ) has partnered with MHC Consulting to introduce Business Growth Services. Kutyba Al Issa, director of RAKEZ VAS, and Mike Hoff,...

State-owned Rail Vikas Nigam Ltd (RVNL) has signed a memorandum of understanding (MoU) with Dubai-based GBH International Contracting LLC (GBHIC) to work together on civil infrastructure projects in the Gulf Cooperation Council (GCC) area. This...

Prices for recycled fiber-based containerboard (RCCM) in the Gulf Cooperation Council (GCC) region varied little in December, with locally made testliner and fluting remaining flat or slightly lower than in November, according to Fastmarkets...