Gcc

Finance & Capital Market

GCC states top global average in 2026 Economic Freedom Index

Sun, 03 May 2026

Gulf Cooperation Council (GCC) countries outperformed the global average in the 2026 Economic Freedom Index, reflecting stronger economic openness and an improved business environment, data from the GCC Statistical Centre (GCC-Stat) showed.

Analysis, Interviews, Opinions

No time for courtesies – the GCC’s interests must not be ignored again

Tue, 26 May 2026

During a meeting with Clemens Augustinus Hach, the former German Ambassador to Bahrain, we had a candid discussion on regional and international affairs. I explained to him, quite frankly, our reservations regarding the West’s limited understanding of our region, only to be surprised when he remarked: “This is the first time I’ve heard such views expressed with this level of honesty.”

Finance & Capital Market Industry, Logistics & Shipping

GCC states' GDP reaches $2.4trn; non-oil sector's share tops 78%

Mon, 25 May 2026

The gross domestic product (GDP) of the GCC states reached approximately $2.4 trillion in 2025, positioning the council's economies among the world's influential economic powers, according to data issued by the Gulf Statistical Centre (GCC-Stat).

Travel, Tourism & Hospitality

GCC hotel numbers top 11,200, tourism revenue hits $120bn

Sun, 24 May 2026

The number of hotel establishments across Gulf Cooperation Council (GCC) countries exceeded 11,200 in 2024, up 1.3 per cent from the previous year, according to data released by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat).

Analysis, Interviews, Opinions Finance & Capital Market

Why GCC payment systems need real-time fraud defence in the age of AI

Sun, 24 May 2026

The risk in digital payments is becoming more sophisticated as artificial intelligence gives fraudsters the ability to automate attacks, mimic legitimate behaviour and scale scams faster than traditional controls can respond, writes Sandeep Crasta.

Travel, Tourism & Hospitality

flydubai inks deal with Cyprus Airways to boost global connectivity

Sat, 23 May 2026

Dubai budget carrier flydubai have announced the launch of a new interline agreement, designed to enhance international connectivity and provide passengers with seamless access to an expanded network of destinations across Africa, Asia, the Middle East and the GCC.

Travel, Tourism & Hospitality

Moscow expands services for GCC travellers

Tue, 19 May 2026

Moscow expects more GCC visitors this summer, driven by demand for safety, culture and luxury. The city is expanding halal dining, premium hotels and Arabic support, alongside the “Discover Moscow” platform offering tailored travel information.

Travel, Tourism & Hospitality

Ascott expands in GCC with Citadines Sharq Kuwait opening

Tue, 19 May 2026

The Ascott is expanding in the GCC with the upcoming Citadines Sharq Kuwait, marking its entry into Kuwait. The opening supports its focus on flexible hospitality and contributes to a regional growth plan targeting 15,000 units by 2030.

Travel, Tourism & Hospitality

Germany targets GCC tourists with culture, family attractions

Tue, 19 May 2026

Germany invites GCC travellers for summer and Eid holidays, showcasing culture, nature, heritage, and family-friendly attractions across its cities and landscapes in a balanced travel experience.

Travel, Tourism & Hospitality

Malaysia launches 2026 events, tourism push for GCC travellers

Tue, 19 May 2026

Malaysia is set to roll out a line-up of festivals, events, and retail experiences across the country, positioning the destination as an option for GCC travellers planning holidays around the Eid al Adha period.