India says the GCC is its largest trading partner bloc
gcc economy
Easa Saleh Al Gurg Group
Good governance is the bedrock of a successful family businesses
The foundation of every family business is a set of values that form a huge part of a company’s legacy, longevity, and resilience
Arab world
2023: A year when the Arab world will take centre stage
It is easy to see why the GCC countries will strengthen their economic powerhouse status over the next decade
Boston Consulting Group
UAE banking revenue to surge
Growth at a compounded annual rate of 6.4% is expected between 2021-2026
Brand View
Sustainability and technology: Common themes between Northern Ireland and the Middle East
Northern Ireland may seem a long distance from the desert sands and soaring skyscrapers of the Middle East. Yet, the region is also at an inflection point in both its sustainability and technology sectors
Funding
How to survive the bear market: UAE businesses need to innovate
The global economy faces strong headwinds, but smart businesses can still find opportunities
GCC
GCC Economic and Development Affairs Authority Committee meets in Riyadh on Monday
The current meeting is seen as a step toward achieving the GCC customs union and common market milestones to achieve GCC economic unity
Council of Saudi Chambers
UAE-Saudi Business Council holds first meeting
The meeting, attended by more than 40 business people from the two countries, discussed ways to facilitate continuous interaction between the business sectors and increase trade and economic cooperation between the two countries
GCC economic growth
HSBC economists forecast 5 percent growth for GCC economy
In its Economist Roadshow in Kuwait City, the bank says Kuwait’s GDP will grow 7.2 percent for 2022, but dip to 2.6 percent next year
economic outlook
GCC reports lower inflation than the global average: Everything you need to know
Despite higher-than-expected inflation worldwide, business conditions in the UAE and Saudi Arabia improved in July resulting in higher job creation
Brand View
Financial markets: Is the road to recovery in sight?
Mark Matthews, head of Research Asia at Swiss Wealth Manager Julius Baer, discusses global economic recovery, the oil market, sustainable investments and more
employees wellbeing
JLL launches new talent unit as Gulf employees rethink priorities after pandemic
New workforce advisory service launched in region as health and wellbeing becomes key factor in attracting best staff
AB In Focus
AB Talks: Why a huge free trade deal between the UK and GCC could herald a happy new year
Simon Penney, Her Majesty’s Trade Commissioner for the Middle East and Her Majesty’s Consul General Dubai, joins AB Talks to discuss a free trade deal with the GCC that could be worth billions of dollars
economic outlook
World Cup, IPOs to buoy Gulf stocks in 2022 as oil boost fades
Region’s stocks are on track for their best annual performance since 2007, with a return of 36 percent including dividends
Fitch Ratings
Gulf sovereigns set to register stronger growth in 2022, says Fitch
Ratings agency says high vaccination rates in the GCC have driven gradual easing of economic restrictions in 2021
GCC construction
New $533m road opens to connect Saudi and Oman
The 564km road was inaugurated from the Al-Nathaa Intersection to the Empty Quarter on the Saudi-Oman border
GCC businesses
Will other Gulf countries follow the UAE’s lead in weekend shake-up?
Switch is easier for UAE because of its mainly expat population, but regional countries may ultimately decide to move in that direction despite challenges, analysts told Arabian Business