More large-scale alternative and renewable energy projects, which reduce the per-unit cost of alternative energy, will be necessary in the GCC region to encourage households and businesses to reduce their use of conventional power sources, acc
The manufacturing sector in GCC is expected to grow at a compound annual growth rate (CAGR) of 4.32 per cent over the next five years, according to a new analysis from Mordor Intelligence.
The key factors contributing to the growt
Massive investment in transforming infrastructure projects across the GCC is attracting some of the world’s biggest names in construction, according to the man behind two of the region’s leading construction events. “More tha
Nearly half of 33 countries expected to face extremely high water stress by 2040 are in the Middle East, where surface water is limited and demand is high, said experts who ranked 167 nations.
Thirteen Middle Eastern countries plu
International bonds from the Gulf's wealthy energy-exporting countries are losing some of their safe-haven status as an era of low oil prices looms.
For several years, bonds from the six-nation Gulf Cooperation Council (GCC) a
International roaming rates between Bahrain and other GCC countries will drop next year. The move was announced as His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa chaired the weekly Cabinet meeting yesterday (August 24)
The Ritz-Carlton hotels in the GCC have received the highest positive brand association with consumers, with 26.3 per cent of consumers identifying the brand's hotels in the region as “best”, “excellent” or “ama
Maldives Tourism is looking to attract more holiday-makers from the GCC with a series of planned roadshows within the Gulf region beginning today (August 23).
Running till August 27, the roadshow will see Maldives representatives
The United Arab Emirates is still studying a proposal to impose a value-added tax but introduction has been delayed by a lack of agreement among neighbouring states on rates and exemptions, the Ministry of Finance said on Tuesday.
The recent action taken by the UAE to eliminate fuel subsidies has rekindled the debate on tax reform in the GCC, with the focus on domestic implementation of a broad-based Value Added Tax (VAT) on goods and services.