Wednesday 20 August 2014
 
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GCC

GCC inflation rates up on higher housing prices

Inflation rates across GCC states ranged between 1.21 per cent and 3.1 per cent through June this year. The latest inflation figures issued by the Statistical Centre for the Co-operation Council for the Arab Countries of the Gulf

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GCC water sector growth seen at 14-20pc

The water and wastewater industry in the GCC is growing at between 14 and 20 per cent a year and the region is expected to invest $130 billion over the next decade to meet future water and power needs, an expert has said. Speaking

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GCC water sector growth seen at 14-20pc

The water and wastewater industry in the GCC is growing at between 14 and 20 per cent a year and the region is expected to invest $130 billion over the next decade to meet future water and power needs, an expert has said. Speaking

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GCC 'needs a strong financial sector'

Economic growth in the GCC countries has been high over the last decade and has been comparable to growth in the emerging markets, while it was considerably higher than in the world at large, said an expert. In order to maintain s

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GCC countries watch out for Ebola

GCC countries plan to combat the deadly Ebola virus by training health officials and making use of regional facilities to diagnose and treat such diseases, a report said. “The meeting that took place between GCC health offic

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GCC investors buy Dubai properties worth $5bn in H1

Investors from the Gulf Cooperation Council (GCC) states spent more than Dh19 billion ($5.17 billion) on real estate projects in Dubai, UAE, during the first half of the year, a report said. UAE nationals topped the list with Dh12

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UAE tops non-financial sector issuance in GCC

The UAE topped the large increase in issuance by the GCC’s non-financial sector, which accounted for $8 billion, even  the debt markets saw a rebound in growth in the second quarter of the year. The exceptional non-fina

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GCC to finalise plans on easing work, travel curbs

Labour ministers from the Gulf Cooperation Council (GCC) states are likley to finalise proposals on easing work and travel of both citizens and residents across member states by November aimed, a report said. The ministers are cur

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HUGE JUMP: GCC infrastructure deals to soar 80pc

Infrastructure project awards across the six Gulf Cooperation Council (GCC) states are forecast to exceed $86 billion in 2014, an increase of 77.8 percent over 2013, a new report has said. New figures released by construction inte

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Foreign direct investment in GCC declines 14pc

Foreign direct investment (FDI) in the GCC fell to $24 billion last year from $28 billion in the previous year, down 14.6 per cent, according to United Nations Conference on Trade and Development’s (UNCTAD) annually published World Investm

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