Land development area under SEZs in GCC to reach 100,000 hectares by 2040
The unprecedented incidents like COVID-19 pandemic and a big drop in energy prices will serve as a catalyst in accelerating ...
Country: Other GCC
Non-oil sectors forecast to rebound strongly in 2021
A significant rebound in non-oil sectors is expected in GCC economies by 2021 as lockdown ends and demand recovers. Weaker ...
EU agri-food exports to GCC rise over focus on healthy, fresh produce
European Union (EU) farm exports to the GCC grew by 25 percent in Q1 2020 thanks to COVID-19, which has ...
GCC announces $5.5bn projects in April despite Covid
Projects worth $5.5 billion had been announced across the GCC in April primarily driven by Saudi Arabia which contributed 67% ...
Coronavirus: IMF urges Mideast sovereign funds to boost local economies
Sovereign wealth funds in the Middle East should be used to boost growth, an International Monetary Fund (IMF) official said ...
GCC looks to add 7GW renewable power by early 2020
The GCC region is expected to witness a drastic rise in renewable energy deployment. Nearly 7GW of new renewable power ...
Top five strategies for GCC firms to harness AI
Organizations in the GCC that are best positioned to succeed in an Artificial Intelligence (AI)-enabled world are those that combine ...
MENA construction sector to grow at fastest pace globally on government spending
The construction sector in the Middle East and North Africa will grow at the fastest pace globally in 2019 as ...
Arab region records significant growth in FDI projects
The Arab countries witnessed the establishment of 809 new foreign direct investment projects in 2017, an increase of 35 projects ...
Blockchain to open new era for GCC cross-border payments
Blockchain could potentially revolutionize the GCC region’s financial sector. The region needs to take required steps to transform blockchain from ...
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