BYD Americas CEO Stella Li hails Middle East as homeland for EV innovation
Stella Li said BYD is investing heavily in the Middle East, constructing a strong dealer network and introducing advanced technology...
Tag : GCC
UAE, Saudi Arabia to lead sukuk issuances in 2026: S&P
S&P expects new issuers to tap the Islamic finance market in 2026 to diversify their investor base and secure more competitive pricing than conventional bonds...
Amid geopolitical volatilities, Jordan’s tourism sector sees 7% revenue jump
Jordan’s tourism sector has exceeded its 2024 targets for visitor numbers and revenue under the country's Economic Modernisation Vision...
Gulf moves beyond oil reliance
With risks now seen as lower, more investors are willing to compete for opportunities in the Gulf than ever before...
Saudi Arabia and Italy plan direct flights in diplomatic expansion
Relations between Saudi Arabia and Italy are witnessing steady growth, with the trade volume between the two countries reaching 966 million euro in the first half of 2025...
IF Insights: Rachel Reeves eyes fast trade agreement with Gulf nations
Britain estimated that a GCC trade deal would contribute 1.6 billion pounds a year to British economic output, or 0.06% of annual GDP...
Saudi asset management industry hits new high
In October 2024, an earlier report by Fitch noted that growth in 2025 would be further supported by a rising number of high-net-worth individuals seeking asset management services within the Kingdom...
Kuwait targets new growth paths
Kuwait is working on projects totalling $121 billion, some of which will be granted this year...
GCC debt capital market surges 11% to USD 1 trillion in 2024: Fitch
Fitch expects the United States Federal Reserve to cut rates by 125 basis points to 3.5% by Q4 2025, with most GCC central banks likely to follow suit...
Saudi Arabia insurance sector set to see more M&As: Moody’s
The GCC insurance market is still fragmented, with about 190 competing insurance companies sharing a premium of almost USD 40 billion...