Thursday 31 July 2014
 
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GCC

GCC states 'top in food waste'

The Gulf Cooperation Council (GCC) states are among the world's top generators of food waste with the six states accounting for over 150 million tonnes of municipal waste every year, a report said. The GCC states are expected

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Bahrain-Saudi vow to speed up GCC Union

Bahrain and Saudi Arabia have pledged to speed up implementation of the GCC Union to strengthen security amid escalating regional challenges.   They also underlined the need to intensify meetings between GCC lead

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Bahrain Bourse launches new trading platform

A new trading platform at Bahrain Bourse (BHB) will pave the way for linkages between the equity markets of the GCC, top officials have said.   Launched by Finance Minister and Minister in charge of Oil and Gas A

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GCC construction deals to hit $195bn

The GCC construction projects are forecast to reach $195.67 billion this year, up nearly $35 billion compared to last year, said a report.   The building and infrastructure sectors’ awards will make up $134

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GCC insurance premiums surge to $18.4bn

The GCC insurance industry has tripled between 2006 and 2013, as insurance premiums grew from $6.4 billion to $18.4bn, according to Moody's Investors Service. Moody's said that increasing mandatory insurance covers have al

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Pluto Games seals GCC partnership deal

Pluto Games has signed a strategic partnership with Virgin Megastores, eXtra Stores in Saudi Arabia and Alghanim in Kuwait to enable gamers to top up their Steam Wallet balance using cash. It is the largest distributor of digital

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IDB's infrastructure fund eyes GCC links

A new infrastructure fund from the Islamic Development Bank aims to help Gulf-based companies expand in Asia and Africa, developing stronger economic ties among these regions. Jeddah-based IDB is keen to grow trade among its 56 me

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GCC fertiliser sector growth tops global average

The fertiliser industry in the Gulf region is growing twice as fast as the global industry average led by the increased investments from petrochemical producers, said a top official. GCC’s fertiliser production capacity reac

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Regulatory changes to boost GCC insurance sector

Regulatory measures that will enhance the credit profile of the region's insurance market and aid market stability and transparency, are being rolled out in the GCC region, said Moody Investors Service in its special comment published today.

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GCC education sector to see $150bn investments

The education sector in the GCC is expected to witness investments worth $150 billion over the next couple of years due to growing population, said a recent study by Alpen Capital, a leading investment bank with an extensive presence in the GCC

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