If oil stabilises below USD 70, what will it mean for Gulf markets?
Because oil is a significant export, there is still some correlation between oil prices and stock markets in the Gulf region...
Tag : GCC
Most Gulf-based business leaders confident of growth despite challenges
Most Gulf decision-makers are optimistic about the region's long-term prospects and believe it will establish itself as a significant hub for international business within the next 25 years...
Gulf banks see record profits as region’s net interest income increases
With a 6.3% increase in net interest income to USD 2.5 billion, Kuwaiti banks led this growth...
UAE hopes to reactivate trade talks with European Union in 2024
There is still no progress in the negotiations between the European Union and the Gulf Cooperation Council, an Arab bloc comprising Saudi Arabia and the UAE...
Emirates announces destinations for its new A350 fleet: Here are the details
Emirates will launch its first A350 to Bahrain on the daily EK839/840 route on September 15...
Qatar banks shine, record 8% profit growth in GCC: KPMG report
According to the KPMG report, Qatar National Bank has maintained its position as the largest bank in the GCC, with assets worth USD 338 billion...
Gaming gold rush in Gulf
The fact that mobile games are primarily supported by advertising is one reason why the MENA prefers them to PC and console gaming...
Kuwait’s corporate tax revolution: Phasing out by 2025
At the moment, only international businesses operating in Kuwait are liable to pay taxes on their income from capital gains and profits...
UAE’s debt capital market projected to reach USD 300 billion by 2030: Fitch Ratings
Fitch Ratings observed that its forecast for UAE's DCM market is backed by the fact that banks are important debt investors and are demonstrating decent liquidity as well as solid deposit growth...
Gulf region’s asset management market to reach USD 500 billion milestone by 2026: Report
The report observed the presence of several tailwinds that are shifting trends in the region’s asset management industry...