The Gulf Cooperation Council (GCC) corporates sector reflects steady earnings due to ongoing government-led capex in infrastructure and energy. However, tighter fiscal flexibility and lower oil-price assumptions will temper budgets and activity, according to top ratings agency Fitch.
Screen Check, a subsidiary of Centena Group and a key player offering end-to-end identification and security solutions in the Middle East, has entered into a deal with global security tech company BAS-IP to expand its security and identification capabilities into GCC’s residential security market.
International tourism revenues in the Gulf Cooperation Council (GCC) states rose to $120.2 billion in 2024, up 39.6 per cent from 2019 and 8.9 per cent from 2023, the Statistical Centre for the Cooperation Council for the Arab States of the Gulf (Gulf-Stat) said.
The Gulf Cooperation Council (GCC) has taken a landmark step: the creation of a Unified GCC Civil Aviation Authority. This initiative isn’t just bureaucratic housekeeping — it’s an effort that we all hope will build a stronger, safer, and more efficient air transport system for the GCC.
Aramex, a leading provider of logistics and transportation solutions, has appointed Abbas Panju as its Senior Vice President for GCC and India. An industry veteran with close to two decades of international leadership experience, he brings in a wealth of logistics expertise across Asia and MEA region.
As GCC heavyweights Saudi Arabia and UAE continue to channel large-scale capital to the tune of $110 billion into logistics, trade infrastructure and industrial development, Breakbulk Middle East positions itself as a reference point for the global project cargo community, said its organisers.
Atara Development has officially broken ground on The Residences at Sheraton Al Marjan Island Resort in Ras Al Khaimah, marking a major milestone for the GCC’s first Sheraton Residences. On completion, it will feature 159 premium beachfront units offering access to over 50 world-class amenities.
The GCC region witnessed the launch of 40 initial public offerings (IPOs) in 2025 that raised a total of $5.1 billion in proceeds, said a report. Saudi Arabia led the region raising a total of $4.1 billion, which constituted 79% of the total GCC IPO proceeds during the year.
