Accelerating economic unity pathways and completing the Customs Union and the GCC Common Market constitute crucial pillars for bolstering the competitiveness of GCC economies.
Saudi Arabia has called for strengthening GCC integration in the housing sector and leveraging Gulf capabilities and expertise.
Bahrain will convene an exclusive gathering of ministerial and senior government officials, visionary chief executives, and influential voices from across the Middle East, Asia, Europe, Latin America, and North America, for the fourth edition of Gateway Gulf in November.
Economic, investment and services activity within GCC expanded by 2024-end with the intra-GCC trade surging to $146 billion in 2024, according to a report. The real estate ownership cases by GCC citizens in other member states reached 17,900 in 2024.
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.
