• Agrofood
  • Business & Economy
  • Construction
  • Energy
  • Healthcare
  • Hospitality
  • Manufacturing
  • Technology
  • Transport & Logistics
  • Events
    • Event News
    • Koelmesse
    • Messe Düsseldorf
    • Upcoming Events
IFP Info - News
  • Agrofood
    • All
    • Agriculture
    • Environment
    • Food
    UAE Enhances My FarmWell App to Support Sustainable Agriculture

    UAE Enhances My FarmWell App to Support Sustainable Agriculture

    Qatar’s Largest Hydroponic Farm Pioneers Sustainable Agriculture

    Qatar’s Largest Hydroponic Farm Pioneers Sustainable Agriculture

    Oman Strengthens Leadership in Marine Conservation and Sustainability

    Oman Strengthens Leadership in Marine Conservation and Sustainability

    Saudi Arabia’s Jahez Acquires 76% Stake in Qatar’s Food Delivery Platform Snoonu for $245 Million

    Saudi Arabia’s Jahez Acquires 76% Stake in Qatar’s Food Delivery Platform Snoonu for $245 Million

    How Strategic Investments, Technology, and Finance Are Reshaping Agriculture

    How Strategic Investments, Technology, and Finance Are Reshaping Agriculture

    Egypt, Poland Explore Agri-Tech and Investment Opportunities

    Egypt, Poland Explore Agri-Tech and Investment Opportunities

    Egypt Enhances Water Management Using Satellite Technology

    Egypt Enhances Water Management Using Satellite Technology

    Egypt Reaches 60% Self-Sufficiency in Red Meat, Near Full Self-Sufficiency in Poultry

    Egypt Reaches 60% Self-Sufficiency in Red Meat, Near Full Self-Sufficiency in Poultry

    GCC Population Reaches 61.2 Million, Growing by 2.1 Million in 2024

    GCC Population Reaches 61.2 Million, Growing by 2.1 Million in 2024

    Trending Tags

    • Business & Economy
      • All
      • Business
      • Economy
      • Finance
      • Industry
      • Trade
      Oman’s Tourism Revenues Reach $5.5 Billion in 2024, Reinforcing Economic Diversification Goals

      Oman’s Tourism Revenues Reach $5.5 Billion in 2024, Reinforcing Economic Diversification Goals

      Saudi Arabia’s Jahez Acquires 76% Stake in Qatar’s Food Delivery Platform Snoonu for $245 Million

      Saudi Arabia’s Jahez Acquires 76% Stake in Qatar’s Food Delivery Platform Snoonu for $245 Million

      Iraq’s Development Road: A New Contender in Global Trade Routes?

      Iraq’s Development Road: A New Contender in Global Trade Routes?

      Saudi Arabia’s PPR Pipes Market to Reach 34,119 Tons by 2033, Driven by Sustainability, Infrastructure Expansion, and Water Conservation Efforts

      Saudi Arabia’s PPR Pipes Market to Reach 34,119 Tons by 2033, Driven by Sustainability, Infrastructure Expansion, and Water Conservation Efforts

      UAE Launches New AI-Powered Strategic Planning Cycle Aligned with 2031 Vision

      UAE Launches New AI-Powered Strategic Planning Cycle Aligned with 2031 Vision

      Oman’s GDP Expands 4.7% on Non-Oil Sector Growth

      Oman’s GDP Expands 4.7% on Non-Oil Sector Growth

      Qatar’s Booming Consumer Electronics Market Sets the Stage for ConsumerTeQ 2025

      Qatar’s Booming Consumer Electronics Market Sets the Stage for ConsumerTeQ 2025

      Middle East Gaming Market to Surpass $42 Billion by 2033, Driven by Youth Demand and Mobile Adoption

      Middle East Gaming Market to Surpass $42 Billion by 2033, Driven by Youth Demand and Mobile Adoption

      Emerging Trends Reshape GCC’s Rapidly Growing Retail Sector

      Emerging Trends Reshape GCC’s Rapidly Growing Retail Sector

      Trending Tags

      • Construction
        • All
        • Building Materials & Technologies
        • Facility Management
        • Real Estate
        • Sustainability
        Saudi Arabia Launches First Tender for Expo 2030 Construction Works

        Saudi Arabia Launches First Tender for Expo 2030 Construction Works

        Oman Launches $103 Million Tender for Salalah’s Spray Boulevard Project

        Oman Launches $103 Million Tender for Salalah’s Spray Boulevard Project

        Oman Launches $122 Million Izki–Nizwa Road Dualisation Project

        Oman Launches $122 Million Izki–Nizwa Road Dualisation Project

        Iraq Launches $400–600M Tender for Baghdad Airport Development

        Iraq Launches $400–600M Tender for Baghdad Airport Development

        Oman’s Al Dhahirah EZAD Sets Sights on Regional Prominence with Seven Strategic Deals

        Oman’s Al Dhahirah EZAD Sets Sights on Regional Prominence with Seven Strategic Deals

        Construction Underway on Iraq’s Tallest Twin Towers in Baghdad

        Construction Underway on Iraq’s Tallest Twin Towers in Baghdad

        Qatar’s Construction Sector Poised for Transformation, Says New Report

        Qatar’s Construction Sector Poised for Transformation, Says New Report

        Jeddah Tower Set to Claim Title of World’s Tallest Building

        Jeddah Tower Set to Claim Title of World’s Tallest Building

        UAE Highlights Sustainable Breakthroughs in Cloud-Seeding Technology

        UAE Highlights Sustainable Breakthroughs in Cloud-Seeding Technology

        Trending Tags

        • Energy
          • All
          • Oil & Gas
          • Power & Electricity
          • Renewable Energy
          Iraq Accelerates Solar Energy Expansion in Public Sector

          Iraq Accelerates Solar Energy Expansion in Public Sector

          Lebanon Moves to Build New Gas Power Plants as Part of Reform Program

          Lebanon Moves to Build New Gas Power Plants as Part of Reform Program

          Turkish Firm ENKA Secures $289M Contract to Upgrade Power Plant in Iraq’s Sulaymaniyah

          Turkish Firm ENKA Secures $289M Contract to Upgrade Power Plant in Iraq’s Sulaymaniyah

          Oman Seeks Bids for Two Major Substation Projects

          Oman Seeks Bids for Two Major Substation Projects

          Iraq Set to Launch First Nuclear Training Reactor in Partnership with China

          Iraq Set to Launch First Nuclear Training Reactor in Partnership with China

          Qatar 2025: From Energy Powerhouse to Innovation Leader

          Qatar 2025: From Energy Powerhouse to Innovation Leader

          Iraq Aims for 12 GW of Renewable Energy by 2030

          Iraq Aims for 12 GW of Renewable Energy by 2030

          Iraq Launches Ambitious Plan for 1,000 Solar Projects in Three Years

          Iraq Launches Ambitious Plan for 1,000 Solar Projects in Three Years

          Iraq and Power China International Sign Deal to Strengthen National Power Grid

          Iraq and Power China International Sign Deal to Strengthen National Power Grid

          Trending Tags

          • Healthcare
            Qatar Tops MENA in Healthcare Index, Ranks 18th Globally

            Qatar Tops MENA in Healthcare Index, Ranks 18th Globally

            Middle East Pharma Market Set to Reach $36 Billion by 2028 as GCC Drives Innovation and Local Production

            Middle East Pharma Market Set to Reach $36 Billion by 2028 as GCC Drives Innovation and Local Production

            Qatar Medicare 2025 Returns to Doha as the Premier International Healthcare Platform

            Qatar Medicare 2025 Returns to Doha as the Premier International Healthcare Platform

            Qatar’s Health Spending Set to Climb 14% by 2029

            Qatar’s Health Spending Set to Climb 14% by 2029

            Qatar Precision Health Institute and Qatar Foundation’s Pre-University Education Expand Collaboration to Inspire Future Scientists

            Qatar Precision Health Institute and Qatar Foundation’s Pre-University Education Expand Collaboration to Inspire Future Scientists

            Qatar and the UK Explore Deeper Cooperation in Healthcare

            Qatar and the UK Explore Deeper Cooperation in Healthcare

            The View Hospital Becomes Qatar’s First Private Facility with a Dedicated Dialysis Unit

            The View Hospital Becomes Qatar’s First Private Facility with a Dedicated Dialysis Unit

            Qatar’s Ambulance System Sets Global Benchmark with Cutting-Edge Pre-Hospital Care

            Qatar’s Ambulance System Sets Global Benchmark with Cutting-Edge Pre-Hospital Care

            Sidra Medicine Pioneers Holistic, Culturally Sensitive Fertility Care in Qatar

            Sidra Medicine Pioneers Holistic, Culturally Sensitive Fertility Care in Qatar

            Trending Tags

            • Hospitality
              • All
              • Hospitality
              • Tourism
              Qatar Expands Domestic Tourism with Cultural Attractions and Family-Friendly Destinations

              Qatar Expands Domestic Tourism with Cultural Attractions and Family-Friendly Destinations

              Oman’s Tourism Revenues Reach $5.5 Billion in 2024, Reinforcing Economic Diversification Goals

              Oman’s Tourism Revenues Reach $5.5 Billion in 2024, Reinforcing Economic Diversification Goals

              Oman Launches First Rutab Festival to Celebrate Heritage, Farming and Tourism

              Oman Launches First Rutab Festival to Celebrate Heritage, Farming and Tourism

              Saudi Arabia Leads Middle East’s Strategic Push into $600 Billion Global Sports Economy

              Saudi Arabia Leads Middle East’s Strategic Push into $600 Billion Global Sports Economy

              Global Tourism Set to Reach 30 Billion Trips and $16 Trillion GDP by 2034

              Global Tourism Set to Reach 30 Billion Trips and $16 Trillion GDP by 2034

              Oman Awards Over $600 Million in Contracts for Tourism Expansion

              Oman Awards Over $600 Million in Contracts for Tourism Expansion

              Qatar Expands Role as a Leading Global Tourism Destination

              Qatar Expands Role as a Leading Global Tourism Destination

              Saudi Arabia Welcomes Record 116 Million Tourists in 2024, Spending Reaches $76 Billion

              Saudi Arabia Welcomes Record 116 Million Tourists in 2024, Spending Reaches $76 Billion

              Oman Secures $6.7 Billion in Tourism Investments Toward $7.8 Billion Goal by 2025

              Oman Secures $6.7 Billion in Tourism Investments Toward $7.8 Billion Goal by 2025

              Trending Tags

              • Manufacturing
                • All
                • Packaging
                • Paper
                • Printing
                • Smart Manufacturing
                • Sustainability & Recycling
                Africa’s Coated Printing and Writing Paper Market Set for Steady Expansion

                Africa’s Coated Printing and Writing Paper Market Set for Steady Expansion

                Middle East Printing Inks Market Outlook 2025–2033

                Middle East Printing Inks Market Outlook 2025–2033

                Technological and Sustainable Innovation Drives Growth in Digital Printing

                Technological and Sustainable Innovation Drives Growth in Digital Printing

                Middle East Pharma Market Set to Reach $36 Billion by 2028 as GCC Drives Innovation and Local Production

                Middle East Pharma Market Set to Reach $36 Billion by 2028 as GCC Drives Innovation and Local Production

                Oman’s Manufacturing Sector Adds $10 Billion to the National Economy

                Oman’s Manufacturing Sector Adds $10 Billion to the National Economy

                Abu Dhabi’s Aldar Targets 87% Construction Waste Recycling In 2025 Sustainability Push

                Abu Dhabi’s Aldar Targets 87% Construction Waste Recycling In 2025 Sustainability Push

                Qatar Strengthens Circular Economy with Expansion of Recycling Facilities

                Qatar Strengthens Circular Economy with Expansion of Recycling Facilities

                Food Tech Market Set to Reach $224.31B by 2032, Powered by Smart Kitchens and Sustainable Innovation

                Food Tech Market Set to Reach $224.31B by 2032, Powered by Smart Kitchens and Sustainable Innovation

                Packaging Becomes Lifeline for Struggling Print Industry

                Packaging Becomes Lifeline for Struggling Print Industry

                Trending Tags

                • Technology
                  • All
                  • Business Tech
                  • IT & Telecom
                  Technological and Sustainable Innovation Drives Growth in Digital Printing

                  Technological and Sustainable Innovation Drives Growth in Digital Printing

                  UAE Launches New AI-Powered Strategic Planning Cycle Aligned with 2031 Vision

                  UAE Launches New AI-Powered Strategic Planning Cycle Aligned with 2031 Vision

                  Dubai Launches Region’s First PropTech Hub to Back 200 Startups by 2030

                  Dubai Launches Region’s First PropTech Hub to Back 200 Startups by 2030

                  Qatar’s Booming Consumer Electronics Market Sets the Stage for ConsumerTeQ 2025

                  Qatar’s Booming Consumer Electronics Market Sets the Stage for ConsumerTeQ 2025

                  Consumer Electronics Boom Continues Across GCC, Middle East

                  Consumer Electronics Boom Continues Across GCC, Middle East

                  Qatar’s Consumer Electronics Market Set for Steady Growth Driven by Premium Demand and Digital Transformation

                  Qatar’s Consumer Electronics Market Set for Steady Growth Driven by Premium Demand and Digital Transformation

                  The Top 10 Emerging Technologies for 2025

                  The Top 10 Emerging Technologies for 2025

                  Saudi Arabia’s ICT Spending Tops $10 Billion: Key Trends and What’s Ahead

                  Saudi Arabia’s ICT Spending Tops $10 Billion: Key Trends and What’s Ahead

                  GCC Drone Market to Surpass USD 2 Billion by 2033, Driven by Tech Innovation and Industry Demand

                  GCC Drone Market to Surpass USD 2 Billion by 2033, Driven by Tech Innovation and Industry Demand

                  Trending Tags

                  • Transport & Logistics
                    • All
                    • Infrastructure
                    • Supply Chain
                    • Transport & Logistics
                    GCC Logistics Market Projected to Reach USD 171 Billion by 2033, Driven by E-Commerce, Infrastructure, and Technology

                    GCC Logistics Market Projected to Reach USD 171 Billion by 2033, Driven by E-Commerce, Infrastructure, and Technology

                    Oman Launches $122 Million Izki–Nizwa Road Dualisation Project

                    Oman Launches $122 Million Izki–Nizwa Road Dualisation Project

                    Iraq’s Development Road: A New Contender in Global Trade Routes?

                    Iraq’s Development Road: A New Contender in Global Trade Routes?

                    Iraq Launches $400–600M Tender for Baghdad Airport Development

                    Iraq Launches $400–600M Tender for Baghdad Airport Development

                    Oman’s Al Dhahirah EZAD Sets Sights on Regional Prominence with Seven Strategic Deals

                    Oman’s Al Dhahirah EZAD Sets Sights on Regional Prominence with Seven Strategic Deals

                    Iraq to Establish Four New Desalination Plants in Basra

                    Iraq to Establish Four New Desalination Plants in Basra

                    Over 111 km of Internal Road Projects Underway in Oman’s Al Dhahirah Municipality

                    Over 111 km of Internal Road Projects Underway in Oman’s Al Dhahirah Municipality

                    Saudi Arabia Leads Middle East’s Strategic Push into $600 Billion Global Sports Economy

                    Saudi Arabia Leads Middle East’s Strategic Push into $600 Billion Global Sports Economy

                    Saudi Arabia’s PPR Pipes Market to Reach 34,119 Tons by 2033, Driven by Sustainability, Infrastructure Expansion, and Water Conservation Efforts

                    Saudi Arabia’s PPR Pipes Market to Reach 34,119 Tons by 2033, Driven by Sustainability, Infrastructure Expansion, and Water Conservation Efforts

                    Trending Tags

                    • Events
                      • Event News
                      • Koelmesse
                      • Messe Düsseldorf
                      • Upcoming Events
                    No Result
                    View All Result
                    • Agrofood
                      • All
                      • Agriculture
                      • Environment
                      • Food
                      UAE Enhances My FarmWell App to Support Sustainable Agriculture

                      UAE Enhances My FarmWell App to Support Sustainable Agriculture

                      Qatar’s Largest Hydroponic Farm Pioneers Sustainable Agriculture

                      Qatar’s Largest Hydroponic Farm Pioneers Sustainable Agriculture

                      Oman Strengthens Leadership in Marine Conservation and Sustainability

                      Oman Strengthens Leadership in Marine Conservation and Sustainability

                      Saudi Arabia’s Jahez Acquires 76% Stake in Qatar’s Food Delivery Platform Snoonu for $245 Million

                      Saudi Arabia’s Jahez Acquires 76% Stake in Qatar’s Food Delivery Platform Snoonu for $245 Million

                      How Strategic Investments, Technology, and Finance Are Reshaping Agriculture

                      How Strategic Investments, Technology, and Finance Are Reshaping Agriculture

                      Egypt, Poland Explore Agri-Tech and Investment Opportunities

                      Egypt, Poland Explore Agri-Tech and Investment Opportunities

                      Egypt Enhances Water Management Using Satellite Technology

                      Egypt Enhances Water Management Using Satellite Technology

                      Egypt Reaches 60% Self-Sufficiency in Red Meat, Near Full Self-Sufficiency in Poultry

                      Egypt Reaches 60% Self-Sufficiency in Red Meat, Near Full Self-Sufficiency in Poultry

                      GCC Population Reaches 61.2 Million, Growing by 2.1 Million in 2024

                      GCC Population Reaches 61.2 Million, Growing by 2.1 Million in 2024

                      Trending Tags

                      • Business & Economy
                        • All
                        • Business
                        • Economy
                        • Finance
                        • Industry
                        • Trade
                        Oman’s Tourism Revenues Reach $5.5 Billion in 2024, Reinforcing Economic Diversification Goals

                        Oman’s Tourism Revenues Reach $5.5 Billion in 2024, Reinforcing Economic Diversification Goals

                        Saudi Arabia’s Jahez Acquires 76% Stake in Qatar’s Food Delivery Platform Snoonu for $245 Million

                        Saudi Arabia’s Jahez Acquires 76% Stake in Qatar’s Food Delivery Platform Snoonu for $245 Million

                        Iraq’s Development Road: A New Contender in Global Trade Routes?

                        Iraq’s Development Road: A New Contender in Global Trade Routes?

                        Saudi Arabia’s PPR Pipes Market to Reach 34,119 Tons by 2033, Driven by Sustainability, Infrastructure Expansion, and Water Conservation Efforts

                        Saudi Arabia’s PPR Pipes Market to Reach 34,119 Tons by 2033, Driven by Sustainability, Infrastructure Expansion, and Water Conservation Efforts

                        UAE Launches New AI-Powered Strategic Planning Cycle Aligned with 2031 Vision

                        UAE Launches New AI-Powered Strategic Planning Cycle Aligned with 2031 Vision

                        Oman’s GDP Expands 4.7% on Non-Oil Sector Growth

                        Oman’s GDP Expands 4.7% on Non-Oil Sector Growth

                        Qatar’s Booming Consumer Electronics Market Sets the Stage for ConsumerTeQ 2025

                        Qatar’s Booming Consumer Electronics Market Sets the Stage for ConsumerTeQ 2025

                        Middle East Gaming Market to Surpass $42 Billion by 2033, Driven by Youth Demand and Mobile Adoption

                        Middle East Gaming Market to Surpass $42 Billion by 2033, Driven by Youth Demand and Mobile Adoption

                        Emerging Trends Reshape GCC’s Rapidly Growing Retail Sector

                        Emerging Trends Reshape GCC’s Rapidly Growing Retail Sector

                        Trending Tags

                        • Construction
                          • All
                          • Building Materials & Technologies
                          • Facility Management
                          • Real Estate
                          • Sustainability
                          Saudi Arabia Launches First Tender for Expo 2030 Construction Works

                          Saudi Arabia Launches First Tender for Expo 2030 Construction Works

                          Oman Launches $103 Million Tender for Salalah’s Spray Boulevard Project

                          Oman Launches $103 Million Tender for Salalah’s Spray Boulevard Project

                          Oman Launches $122 Million Izki–Nizwa Road Dualisation Project

                          Oman Launches $122 Million Izki–Nizwa Road Dualisation Project

                          Iraq Launches $400–600M Tender for Baghdad Airport Development

                          Iraq Launches $400–600M Tender for Baghdad Airport Development

                          Oman’s Al Dhahirah EZAD Sets Sights on Regional Prominence with Seven Strategic Deals

                          Oman’s Al Dhahirah EZAD Sets Sights on Regional Prominence with Seven Strategic Deals

                          Construction Underway on Iraq’s Tallest Twin Towers in Baghdad

                          Construction Underway on Iraq’s Tallest Twin Towers in Baghdad

                          Qatar’s Construction Sector Poised for Transformation, Says New Report

                          Qatar’s Construction Sector Poised for Transformation, Says New Report

                          Jeddah Tower Set to Claim Title of World’s Tallest Building

                          Jeddah Tower Set to Claim Title of World’s Tallest Building

                          UAE Highlights Sustainable Breakthroughs in Cloud-Seeding Technology

                          UAE Highlights Sustainable Breakthroughs in Cloud-Seeding Technology

                          Trending Tags

                          • Energy
                            • All
                            • Oil & Gas
                            • Power & Electricity
                            • Renewable Energy
                            Iraq Accelerates Solar Energy Expansion in Public Sector

                            Iraq Accelerates Solar Energy Expansion in Public Sector

                            Lebanon Moves to Build New Gas Power Plants as Part of Reform Program

                            Lebanon Moves to Build New Gas Power Plants as Part of Reform Program

                            Turkish Firm ENKA Secures $289M Contract to Upgrade Power Plant in Iraq’s Sulaymaniyah

                            Turkish Firm ENKA Secures $289M Contract to Upgrade Power Plant in Iraq’s Sulaymaniyah

                            Oman Seeks Bids for Two Major Substation Projects

                            Oman Seeks Bids for Two Major Substation Projects

                            Iraq Set to Launch First Nuclear Training Reactor in Partnership with China

                            Iraq Set to Launch First Nuclear Training Reactor in Partnership with China

                            Qatar 2025: From Energy Powerhouse to Innovation Leader

                            Qatar 2025: From Energy Powerhouse to Innovation Leader

                            Iraq Aims for 12 GW of Renewable Energy by 2030

                            Iraq Aims for 12 GW of Renewable Energy by 2030

                            Iraq Launches Ambitious Plan for 1,000 Solar Projects in Three Years

                            Iraq Launches Ambitious Plan for 1,000 Solar Projects in Three Years

                            Iraq and Power China International Sign Deal to Strengthen National Power Grid

                            Iraq and Power China International Sign Deal to Strengthen National Power Grid

                            Trending Tags

                            • Healthcare
                              Qatar Tops MENA in Healthcare Index, Ranks 18th Globally

                              Qatar Tops MENA in Healthcare Index, Ranks 18th Globally

                              Middle East Pharma Market Set to Reach $36 Billion by 2028 as GCC Drives Innovation and Local Production

                              Middle East Pharma Market Set to Reach $36 Billion by 2028 as GCC Drives Innovation and Local Production

                              Qatar Medicare 2025 Returns to Doha as the Premier International Healthcare Platform

                              Qatar Medicare 2025 Returns to Doha as the Premier International Healthcare Platform

                              Qatar’s Health Spending Set to Climb 14% by 2029

                              Qatar’s Health Spending Set to Climb 14% by 2029

                              Qatar Precision Health Institute and Qatar Foundation’s Pre-University Education Expand Collaboration to Inspire Future Scientists

                              Qatar Precision Health Institute and Qatar Foundation’s Pre-University Education Expand Collaboration to Inspire Future Scientists

                              Qatar and the UK Explore Deeper Cooperation in Healthcare

                              Qatar and the UK Explore Deeper Cooperation in Healthcare

                              The View Hospital Becomes Qatar’s First Private Facility with a Dedicated Dialysis Unit

                              The View Hospital Becomes Qatar’s First Private Facility with a Dedicated Dialysis Unit

                              Qatar’s Ambulance System Sets Global Benchmark with Cutting-Edge Pre-Hospital Care

                              Qatar’s Ambulance System Sets Global Benchmark with Cutting-Edge Pre-Hospital Care

                              Sidra Medicine Pioneers Holistic, Culturally Sensitive Fertility Care in Qatar

                              Sidra Medicine Pioneers Holistic, Culturally Sensitive Fertility Care in Qatar

                              Trending Tags

                              • Hospitality
                                • All
                                • Hospitality
                                • Tourism
                                Qatar Expands Domestic Tourism with Cultural Attractions and Family-Friendly Destinations

                                Qatar Expands Domestic Tourism with Cultural Attractions and Family-Friendly Destinations

                                Oman’s Tourism Revenues Reach $5.5 Billion in 2024, Reinforcing Economic Diversification Goals

                                Oman’s Tourism Revenues Reach $5.5 Billion in 2024, Reinforcing Economic Diversification Goals

                                Oman Launches First Rutab Festival to Celebrate Heritage, Farming and Tourism

                                Oman Launches First Rutab Festival to Celebrate Heritage, Farming and Tourism

                                Saudi Arabia Leads Middle East’s Strategic Push into $600 Billion Global Sports Economy

                                Saudi Arabia Leads Middle East’s Strategic Push into $600 Billion Global Sports Economy

                                Global Tourism Set to Reach 30 Billion Trips and $16 Trillion GDP by 2034

                                Global Tourism Set to Reach 30 Billion Trips and $16 Trillion GDP by 2034

                                Oman Awards Over $600 Million in Contracts for Tourism Expansion

                                Oman Awards Over $600 Million in Contracts for Tourism Expansion

                                Qatar Expands Role as a Leading Global Tourism Destination

                                Qatar Expands Role as a Leading Global Tourism Destination

                                Saudi Arabia Welcomes Record 116 Million Tourists in 2024, Spending Reaches $76 Billion

                                Saudi Arabia Welcomes Record 116 Million Tourists in 2024, Spending Reaches $76 Billion

                                Oman Secures $6.7 Billion in Tourism Investments Toward $7.8 Billion Goal by 2025

                                Oman Secures $6.7 Billion in Tourism Investments Toward $7.8 Billion Goal by 2025

                                Trending Tags

                                • Manufacturing
                                  • All
                                  • Packaging
                                  • Paper
                                  • Printing
                                  • Smart Manufacturing
                                  • Sustainability & Recycling
                                  Africa’s Coated Printing and Writing Paper Market Set for Steady Expansion

                                  Africa’s Coated Printing and Writing Paper Market Set for Steady Expansion

                                  Middle East Printing Inks Market Outlook 2025–2033

                                  Middle East Printing Inks Market Outlook 2025–2033

                                  Technological and Sustainable Innovation Drives Growth in Digital Printing

                                  Technological and Sustainable Innovation Drives Growth in Digital Printing

                                  Middle East Pharma Market Set to Reach $36 Billion by 2028 as GCC Drives Innovation and Local Production

                                  Middle East Pharma Market Set to Reach $36 Billion by 2028 as GCC Drives Innovation and Local Production

                                  Oman’s Manufacturing Sector Adds $10 Billion to the National Economy

                                  Oman’s Manufacturing Sector Adds $10 Billion to the National Economy

                                  Abu Dhabi’s Aldar Targets 87% Construction Waste Recycling In 2025 Sustainability Push

                                  Abu Dhabi’s Aldar Targets 87% Construction Waste Recycling In 2025 Sustainability Push

                                  Qatar Strengthens Circular Economy with Expansion of Recycling Facilities

                                  Qatar Strengthens Circular Economy with Expansion of Recycling Facilities

                                  Food Tech Market Set to Reach $224.31B by 2032, Powered by Smart Kitchens and Sustainable Innovation

                                  Food Tech Market Set to Reach $224.31B by 2032, Powered by Smart Kitchens and Sustainable Innovation

                                  Packaging Becomes Lifeline for Struggling Print Industry

                                  Packaging Becomes Lifeline for Struggling Print Industry

                                  Trending Tags

                                  • Technology
                                    • All
                                    • Business Tech
                                    • IT & Telecom
                                    Technological and Sustainable Innovation Drives Growth in Digital Printing

                                    Technological and Sustainable Innovation Drives Growth in Digital Printing

                                    UAE Launches New AI-Powered Strategic Planning Cycle Aligned with 2031 Vision

                                    UAE Launches New AI-Powered Strategic Planning Cycle Aligned with 2031 Vision

                                    Dubai Launches Region’s First PropTech Hub to Back 200 Startups by 2030

                                    Dubai Launches Region’s First PropTech Hub to Back 200 Startups by 2030

                                    Qatar’s Booming Consumer Electronics Market Sets the Stage for ConsumerTeQ 2025

                                    Qatar’s Booming Consumer Electronics Market Sets the Stage for ConsumerTeQ 2025

                                    Consumer Electronics Boom Continues Across GCC, Middle East

                                    Consumer Electronics Boom Continues Across GCC, Middle East

                                    Qatar’s Consumer Electronics Market Set for Steady Growth Driven by Premium Demand and Digital Transformation

                                    Qatar’s Consumer Electronics Market Set for Steady Growth Driven by Premium Demand and Digital Transformation

                                    The Top 10 Emerging Technologies for 2025

                                    The Top 10 Emerging Technologies for 2025

                                    Saudi Arabia’s ICT Spending Tops $10 Billion: Key Trends and What’s Ahead

                                    Saudi Arabia’s ICT Spending Tops $10 Billion: Key Trends and What’s Ahead

                                    GCC Drone Market to Surpass USD 2 Billion by 2033, Driven by Tech Innovation and Industry Demand

                                    GCC Drone Market to Surpass USD 2 Billion by 2033, Driven by Tech Innovation and Industry Demand

                                    Trending Tags

                                    • Transport & Logistics
                                      • All
                                      • Infrastructure
                                      • Supply Chain
                                      • Transport & Logistics
                                      GCC Logistics Market Projected to Reach USD 171 Billion by 2033, Driven by E-Commerce, Infrastructure, and Technology

                                      GCC Logistics Market Projected to Reach USD 171 Billion by 2033, Driven by E-Commerce, Infrastructure, and Technology

                                      Oman Launches $122 Million Izki–Nizwa Road Dualisation Project

                                      Oman Launches $122 Million Izki–Nizwa Road Dualisation Project

                                      Iraq’s Development Road: A New Contender in Global Trade Routes?

                                      Iraq’s Development Road: A New Contender in Global Trade Routes?

                                      Iraq Launches $400–600M Tender for Baghdad Airport Development

                                      Iraq Launches $400–600M Tender for Baghdad Airport Development

                                      Oman’s Al Dhahirah EZAD Sets Sights on Regional Prominence with Seven Strategic Deals

                                      Oman’s Al Dhahirah EZAD Sets Sights on Regional Prominence with Seven Strategic Deals

                                      Iraq to Establish Four New Desalination Plants in Basra

                                      Iraq to Establish Four New Desalination Plants in Basra

                                      Over 111 km of Internal Road Projects Underway in Oman’s Al Dhahirah Municipality

                                      Over 111 km of Internal Road Projects Underway in Oman’s Al Dhahirah Municipality

                                      Saudi Arabia Leads Middle East’s Strategic Push into $600 Billion Global Sports Economy

                                      Saudi Arabia Leads Middle East’s Strategic Push into $600 Billion Global Sports Economy

                                      Saudi Arabia’s PPR Pipes Market to Reach 34,119 Tons by 2033, Driven by Sustainability, Infrastructure Expansion, and Water Conservation Efforts

                                      Saudi Arabia’s PPR Pipes Market to Reach 34,119 Tons by 2033, Driven by Sustainability, Infrastructure Expansion, and Water Conservation Efforts

                                      Trending Tags

                                      • Events
                                        • Event News
                                        • Koelmesse
                                        • Messe Düsseldorf
                                        • Upcoming Events
                                      No Result
                                      View All Result
                                      IFP Info - News
                                      No Result
                                      View All Result
                                      Home Business & Economy Economy

                                      GCC GDP likely to touch $1.5 trillion in 2013

                                      Qatar News Agency

                                      June 5, 2012
                                      in Economy
                                      0
                                      Share on FacebookShare on TwitterShare on Linkedin

                                      The Gulf Co-operation Council’s (GCC) Gross Domestic Product (GDP) is estimated to reach US $ 1.5 Trillion in 2013, according to a Qatar National Bank (QNB) study. Propelled by the oil and gas sector, the region’s traditional driver of the economy, the combined GDP of GCC is likely to reach this figure mentioned above, considering Brent oil prices averaging around US $ 108 per barrel in 2012-13, said QNB.

                                      The study forecasts GCC s real GDP growth to reach 4.6% in 2012-13, outperforming the global GDP growth, which the IMF expects at 3.6%. Small wonder, analysts consider the GCC as one of the world’s fastest economic growth rate regions.

                                      The rise in the GCC’s weight in the global economy is a result of both high energy prices and rapid real economic growth.

                                      This fact was recently reiterated by the IMF’s Middle East and Central Asia Department Director Masood Ahmed who said, “Middle East oil exporters are benefiting from high oil prices, and we expect GDP growth to strengthen and become more broad-based this year.”

                                      GCC real GDP grew at an annual rate of 4.7% from 2007-11 compared with a world growth rate of 2.8%, making it one of the fastest growing regions in the world.

                                      Further, the QNB report is encouraged to peg its optimistic outlook on strong government spending which has encouraged diversification. This has led to the expansion of the economy in non-oil sectors which will be vital to increasing the real GDP growth to 4.6% in 2012-13.

                                      Gas production growth at 4.3% will outpace oil production growth at 0.4% due to stable global demand, Organization of Petroleum Exporting Companies (OPEC) caps and an investment focus on the gas sector, the report says.

                                      The non-hydrocarbon sector’s growth, estimated around 9.0% in 2012-13, will be driven by manufacturing, particularly heavy investments into petrochemicals, fertilizers and metals production in Qatar and Saudi Arabia, and construction.

                                      High levels of public expenditure will drive growth of 5.6% in services in 2012-13, which is largely made up of government and financial services and is expected to account for 36% of nominal GDP, according to the QNB report.

                                      The six nations of the (GCC) – Saudi Arabia, Qatar, the United Arab Emirates (UAE), Kuwait, the Sultanate of Oman and the Kingdom of Bahrain – had a combined nominal GDP of US$1.4 Trillion in 2011, which accounts for 2.0% of the global GDP.

                                      The GDP of the GCC has almost quadrupled in nominal terms since 2001, growing at a compound annual growth rate (CAGR) of 14.2%. This has led to a near doubling in its percentage share of global nominal GDP from 1.1% in 2001 to 2.0% in 2011.

                                      The frenetic economic activity has attracted and continues to attract foreign skilled and unskilled workers to the region resulting in population growth that is almost triple the world rate with about 50 million people expected to be living in the GCC by 2013.

                                      In fact, Qatar’s population, due to the economic boom, has grown rapidly over the last decade from approximately half a million to 1,792,134 people as of April 30 this year, according to figures released by the Qatar Statistics Authority (QSA), which record the number of people in Qatar.

                                      The QNB report goes on to compare key economic indicators for 2012-13 and say, “The GCC is likely to have a larger current-account surplus than either Japan or Germany in 2012-13 as high oil prices boost exports.”

                                      With oil and gas being the traditional drivers of the economy of the region, the report says, “around 86% of the GCC’s US$1.2 Trillion in total revenue for 2012-13 will come from the oil sector, supporting forecast expenditure of US$1.0 Trillion on social investments, administration and infrastructural development projects.

                                      ”The banking sector is resilient, well capitalized, profitable, has a low level of non-performing loans and is favorably placed to withstand turbulence in global markets during the forecast period.”

                                      Regarding share market outlook, the report says, “The outlook for regional bourses is positive as government expenditure and solid GDP growth will support corporate profitability in 2012-13.

                                      ”The GCC’s business environment is internationally competitive, ranking above the Eurozone in the World Bank’s Doing Business rankings (#30) and the WEF Competitiveness rankings (#25) in 2012.

                                      Regarding inflationary trend, the report says, “Inflation is expected to reach 3.0% in 2012-13 mainly due to rising rents in Saudi Arabia, without which forecasted inflation would only be 1.8%”.

                                      The GCC economies are dominated by the oil and gas sectors which account for 43% of GDP in the GCC, compared with a global average of 5% of GDP. Services account for 63% of global GDP but only for 39% of the GCC economy.

                                      Advanced economies tend to have large services sectors, and as the GCC develops, the contribution of the services sector to GDP should expand.
                                      The strong performance in the oil and gas sector over the last five years has been a result of high energy prices and a sharp increase in gas production.

                                      Regional oil production grew at 1.5% in 2007-11, to reach 19.4m barrels/day (b/d), while gas production surged ahead by 9.9% a year to 35bn cubic feet/day (cu ft/d).

                                      The strong increase in gas production is mainly attributable to Qatar, where production increased at a rate of 24% in 2007-11 to 14.4bn cu ft/d.

                                      The GCC accounts for 36% of the world s proven oil reserves and 22% of gas reserves, equating to 30% of global hydrocarbons reserves, measured in barrels of oil equivalent (boe). This is a significant share of global natural resource wealth, especially given the GCC s limited share of global population.

                                      Within the GCC, Qatar has by far the largest relative endowment of hydrocarbons wealth, in terms of both reserves and revenue. This is primarily due to its development of the North Field, the world s largest non-associated natural gas field.

                                      Qatar News Agency
                                      5 June

                                      Previous Post

                                      The EcOrient 2012 conference addresses crucial environmental issues

                                      Next Post

                                      EcOrient conference gathers top local and international experts

                                      Next Post

                                      EcOrient conference gathers top local and international experts

                                      News Letter

                                      Subscribe to our mailing list to receive daily updates direct to your inbox!

                                      *we hate spam as much as you do

                                      IFP Info – News

                                      The resource of credible, industry-specific updates

                                      Categories

                                      • Agrofood
                                      • Business & Economy
                                      • Construction
                                      • Energy
                                      • Events
                                      • Healthcare
                                      • Hospitality
                                      • Manufacturing
                                      • Startups
                                      • Technology
                                      • Transport & Logistics

                                      Countries

                                      • Africa
                                      • Egypt
                                      • GCC
                                      • Iraq
                                      • Lebanon
                                      • Middle East
                                      • North Africa
                                      • Oman
                                      • Qatar
                                      • Saudi Arabia
                                      • United Arab Emirates
                                      • Worldwide

                                      Newsletter

                                      Subscribe to our mailing list to receive daily updates direct to your inbox!

                                      *we hate spam as much as you do

                                      • About
                                      • Advertise
                                      • Privacy & Policy
                                      • Contact

                                      © 2025 IFP Group - All Rights Reserved / www.ifpexpo.com

                                      No Result
                                      View All Result
                                      • Agrofood
                                        • Agriculture
                                        • Environment
                                        • Food
                                      • Business & Economy
                                        • Business
                                        • Economy
                                        • Finance
                                        • Industry
                                        • Technology
                                          • Business Tech
                                          • IT & Telecom
                                        • Trade
                                      • Construction
                                        • Real Estate
                                      • Energy
                                        • Oil & Gas
                                        • Power & Electricity
                                        • Renewable Energy
                                      • Hospitality
                                      • Transport & Logistics
                                        • Supply Chain
                                        • Infrastructure
                                      • Events
                                        • Event News
                                        • Upcoming Events

                                      © 2025 IFP Group - All Rights Reserved / www.ifpexpo.com