The total number of active fleet management systems deployed in commercial vehicle fleets in the countries is forecasted to grow at a compound annual growth rate (CAGR) of 14.4% from about 6.4 million units at the end of 2025 to reach 12.5 million units by 2030, said a report.
GCC central bank officials reviewed regional efforts to combat money laundering and terrorist financing at a key meeting held in Bahrain where they also discussed ways to boost regional financial systems, including co-operation on payment infrastructure, banking supervision and cybersecurity.
Companies listed on GCC exchanges reported aggregate net profits of $74.8 billion in Q2, up 31.3% over previous year. At the country level, the profit growth was led by Kuwait, Saudi Arabia, UAE and Oman, where firms posted double-digit y-o-y increases, according to Kamco Invest.
Gulf Cryo, a Middle Eastern provider of liquid carbon dioxide (CO₂), is set to significantly expand its regional production capacity from 700 metric tonnes per day (MTPD) to 1,300 MTPD by the end of 2026, equivalent to more than 470,000 tonnes annually.
Risks to some issuer ratings in Gulf Cooperation Council (GCC) states could increase under a hypothetical scenario in which traffic through the Strait of Hormuz is disrupted through most of 2027, Fitch Ratings says in a new report.
Morocco is gaining popularity among GCC travellers, recording 19.8 million tourist arrivals in 2025 and 9.4 million in H1 2026. With Saudi interest rising, the country is targeting 26 million annual visitors by 2030.
Georgia is gaining popularity among GCC travellers, recording 145,513 visits in 2025 as tourism growth accelerates. With 7.8 million international arrivals, Georgia’s accessibility, affordability, and diverse experiences are driving Gulf market demand.
The Middle East's travel and tourism sector is forecast to shrink 14.5% in 2026 amid geopolitical disruptions, but the World Travel & Tourism Council (WTTC) expects the region to become the world's fastest-growing tourism market through 2036, led by Gulf economies.
GCC tourism generated $254.7 billion in economic contribution in 2025, attracting 75.7 million visitors and $131.9 billion in inbound spending, as sector growth reached 7.3%, surpassing the global rate of 6.7%, according to the GCC Statistical Centre.
Jazeera Airways has launched a GCC travel promotion, offering up to 50% off fares on flights across the Gulf region. The limited-time offer covers 13 destinations, with discounted bookings available from August 3–8, 2026 for travel through December 12, 2026.
