GCC-Stat data shows national income down 2.7 per cent year-on-year, but non-oil sector posts 6.4 per cent growth, led by finance, transport, and real estate
Gulf Cooperation Council
Latest in Gulf Cooperation Council
gcc economy
GCC GDP hits $587.8bn in Q4 2024 with 1.5% growth rate
The data showed that non-oil activities contributed 77.9 per cent to the GCC’s nominal GDP by the end of the fourth quarter of 2024
Gulf Cooperation Council
Unified visa for UAE, Saudi Arabia, Kuwait, Qatar, Bahrain and Oman launching ‘soon’ says GCC chief
The unified tourist visa for UAE, Saudi Arabia, Kuwait, Qatar, Bahrain and Oman is expected to be announced soon
Aluminium
GCC to impose anti-dumping duties on aluminium imports from China: Report
The GCC Ministerial Committee, composed of ministers of industry, has approved a recommendation in this regard
foreign direct investment
The UK and the GCC: An economic growth partnership
As long-term partners, the UK and GCC know we must prioritise the policies and strategies that benefit our home economies
aerospace sector
Gulf space revenues worth $10bn says GCC chief
GCC chief underlines importance of space sector at international forum in the GCC
Africa
How 3 Schengen-style visas planned in GCC, Asia and Africa could change tourism forever
Planned Schengen-style visas in South East Asia, Southern Africa and the GCC could have deliver a massive tourism boost to 17 countries
GCC
GCC leader says unified tourist visa plan has made significant headway
GCC Secretary General reveals unified tourist visa plans are making headway as bloc looks to boost tourism
Abdulla Bin Touq Al Marri
Schengen-style unified GCC tourist visa ‘in place by end of 2024’ says official, plan allows travellers to spend over 30 days in UAE, Saudi Arabia, Oman, Kuwait and Bahrain
Unified GCC tourist visas could be available by the end of this year according to officials speaking at Arabian Travel Market
foreign direct investment
UK-GCC trade and investment to grow in 2024: Report
Though early-stage venture capital transactions tailed off, larger strategic deals and joint ventures rose in prominence according to the ‘Lumina Cross-Border Insights 2024’ report
GCC
GCC pushes for UK free trade deal amid $78bn ties
The Gulf Cooperation Council and the UK are looking to ink a free trade agreement and boost economic ties
Dubai real estate market
Dubai real estate: GCC Unified Tourist Visa to boost demand in short-term rental market, experts say
The unified tourist visa, set to be implemented between 2024-2025
GCC
GCC unified tourist visa: Tourism, economy to see boost across region, expert says
The unified tourist visa system is projected to be implemented between 2024 and 2025
GCC
Schengen vs GCC unified tourist visa: New visa plan to revolutionise Gulf travel
While both the GCC unified tourist visa and the Schengen visa share the aim of fostering regional integration and facilitating travel, there are several key differences
GCC
GCC approves unified tourist visa for UAE, Saudi Arabia, Qatar, Kuwait, Oman and Bahrain
New unified tourist visa approved by interior ministers, represents a major achievement for the GCC says Secretary General
Abdulla Bin Touq Al Marri
New GCC unified tourist visa to launch in 2024-2025, says UAE Minister
The unified tourist visa will focus on attracting and retaining tourists within the region to enhance economic integration
carbon emissions
GCC member states determined to make COP28 a turning point in climate action
The Council ministers discussed the strategies required to defend climate action to ensure secure growth and economic prosperity in the region
