The GCC sovereigns’ stable credit quality is backed by strong, hydrocarbon-driven economic recovery in 2027. However, that prolonged geopolitical uncertainty could strain public finances and expose variances in sovereigns' fiscal ability to absorb lengthy disruptions, said S&P Global Rating.
Action Energy Company (AEC) and Kellton have launched a GCC joint venture to deliver AI-powered digital oilfield and IT solutions. The partnership will roll out Kellton’s OPTIMA platform, beginning in Kuwait before expanding to Qatar, Saudi Arabia, the UAE and Oman.
Armenia has extended its temporary visa-free entry scheme for eligible Gulf travellers until July 1, 2027, allowing qualifying GCC citizens and residents to visit without a visa for up to 180 days, subject to nationality and residency requirements.
Perk (formerly TravelPerk), an AI-native platform for travel and spend management, has announced the opening of its regional office at Abu Dhabi Global Market (ADGM). The move formalises Perk's long-term commitment to the GCC region, targeting a tripling of business travel spend from UAE customers by 2028.
The durability of the US–Iran ceasefire and prospects for a permanent de-escalation are central to whether Gulf Cooperation Council (GCC) banking systems remain resilient to the impacts of the conflict, Fitch Ratings says.
In a world increasingly shaped by supply constraints, the GCC is shifting from a beneficiary of scarcity to a provider of the energy, capital, and infrastructure that underpin global growth, says a new BlackRock report.
Australian group Maritimo, a leading builder of long-range luxury motor yachts for the world, has appointed KJM Marine as its exclusive dealer across the GCC and selected territories in the Middle East and Indian Ocean, reinforcing its presence in one of the world's most dynamic boating regions.
Most Gulf Cooperation Council (GCC) sovereigns remain supported by strong balance sheets and alternative export channels despite the economic and geopolitical fallout from the US-Iran war, which has prompted Fitch Ratings to revise its 2026 global sovereign sector outlook to “deteriorating” from “neutral.”
Japan National Tourism Organization (JNTO) has announced strong growth in visitor arrivals to Japan in 2025, with the GCC market outperforming others as demand for premium and experience-driven travel expanded.
Aggregate net profits reported by companies listed on GCC exchanges rose 15.5% year-on-year in the first quarter to a record quarterly high of $67.9 billion, up from $58.8 billion, said a report. This growth was mainly due to stronger earnings from energy companies, particularly Saudi Aramco.
