Middle Eastern countries, including Saudi Arabia and UAE, lead the world in aligned values between citizens and Government
GCC governments
Latest in GCC governments
Bank deposits
Why GCC banking systems are resilient to geopolitical stress scenarios
While the nature of the geopolitical threat or shock is clearly important, we believe there are four factors that explain the historical resilience of GCC bank funding
Anthony Yammine
Green financing could unlock $2tr in cumulative GDP across GCC
It could also create 1 million jobs and FDI in sustainable industries, latest Strategy& report indicates
GCC businesses
The 10 imperatives for privatisation programmes in the Gulf
Ten lessons based on previous programmes that can help governments develop and execute their agenda successfully
Fitch Ratings
Gov’t-related debt drops in the GCC but could reverse amid Covid uncertainty, says Fitch
Ratings agency says Covid-19 pandemic and higher oil prices are lowering government-related entity debt as a share of GDP
circular economy
How local content can promote ESG
There are sizable rewards for countries and companies that can implement ESG successfully in the short and long term—and sizable disadvantages for those that cannot
crude oil price
Oil prices steady enough for Gulf countries to focus on diversification, say experts
While governments press on with recovery and diversification, analysts warn that oil prices aren’t out of the woods yet
digital economy
GCC economies continue innovating beyond pandemic
The Gulf is home to Dubai and Abu Dhabi, both of which lead the pack of the Middle East and North Africa’s smartest cities, and GITEX will play host to innovative economic leaders from across the GCC as they look at how to continue developing beyond the pandemic
ADNOC
Oil crown jewels no longer off limits in Middle East amid deal surge
The shift underscores how countries in a region home to almost half the world’s oil reserves are taking advantage of the recovery in energy prices following last year’s coronavirus-triggered crash to bolster their ailing finances
blue-collar jobs
Video: Pinsent Masons’ Mark Raymont on Covid-19 impact on construction
In this episode of CW Expert Interviews series, Construction Week speaks to Mark Raymont, Partner – Energy and Infrastructure at Pinsent Masons about the impact of Covid-19 on the construction and infrastructure sectors.
Abu Dhabi government
Video: GCC’s first social impact bond
The GCC’s first Social Impact Bond will be piloted in Abu Dhabi as part of an agreement signed between the Department of Community Development, the Authority of Social Contribution – Ma’an, Aldar, Aldar Education and Higher Organization for People of Determination to support the employment of people of determination.
ABTV
AB Crossfire: Should income taxes be introduced in the UAE?
In the first episode, Spencer Lodge, serial entrepreneur and chairman of Blue Sky Thinking Group and Dani Kurdy, Business Development Manager at ADJC debate about whether income taxes should be introduced in the GCC or not.
Crude price
GCC sovereigns will continue to run fiscal deficits, says Moody’s
Economic reforms have been ‘uneven’ across the region, according to a new report from Moody’s
Booz Allen Hamilton
How well do GCC organisations deal with cyber breaches?
New report says Gulf-based organisations spend more tackling cyber threat but take longer to contain breaches
corporate social responsibility
Opinion: How to fix the Gulf’s social services problem
What is needed is a move away from the mindset that social development should only involve the government
fiscal deficits
GCC sovereign financing set to drop to $300bn
S&P Global report says the decrease in demand is due to higher oil prices and government policy responses