Gcc

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.

Health & Environment Industry, Logistics & Shipping

GymNation secures $100m investment from BlackRock unit

Tue, 19 May 2026

GymNation, an upcoming gym operator, has secured a $100 million private credit facility from certain funds and entities controlled by HPS Investment Partners, a part of global asset manager BlackRock, in one of the first regional investments of its size since the Iran conflict commenced.

Miscellaneous

Saudi Arabia announces Eid Al Adha celebrations on May 27

Sun, 17 May 2026

The Saudi Supreme Court has announced the sighting of the crescent moon in the kingdom marking the beginning of Dhul Hijjah for the year. Based on the legal sighting of the crescent moon, the Court declared May 27 as the first day of Eid Al Adha which will be celebrated across the Middle East.

Construction & Real Estate Finance & Capital Market

GIP, L’IMAD, ADNOC, Temasek partnership eyes $30bn GCC infra investments

Thu, 14 May 2026

Global Infrastructure Partners (GIP), a part of BlackRock, will partner with L’IMAD, the Abu Dhabi National Oil Company (ADNOC) and Temasek, to launch an infrastructure investment partnership which will capitalise on the growing opportunities across the GCC and Central Asia.

Travel, Tourism & Hospitality

Bahrain targets GCC families with tourism push

Thu, 14 May 2026

Bahrain Tourism and Exhibitions Authority (BTEA) launched a campaign promoting Bahrain’s concerts, festivals, family attractions, sports and shopping experiences, aiming to attract GCC visitors seeking entertainment-filled weekend breaks and short regional getaways.

Finance & Capital Market Industry, Logistics & Shipping

GCC nominal GDP reaches $595.8bn in Q3 2025, up 2.2%

Sun, 10 May 2026

The GCC economies posted robust growth in the third quarter of 2025, driven by the non-oil sector as the region’s sustained push to diversify income sources gained further momentum.

Industry, Logistics & Shipping

Alvarez & Marsal unveils roadmap to fast-track GCC industrial localisation

Wed, 29 Apr 2026

Alvarez & Marsal (A&M), a leading global professional services firm, has published a strategic roadmap designed to accelerate industrial localisation across the GCC region through disciplined policy frameworks, deep technology transfer and ecosystem orchestration.

Travel, Tourism & Hospitality

Gulf tourism set for stronger recovery, says aviation leader

Wed, 29 Apr 2026

Gulf States can become stronger tourism destinations after conflict, said aviation leader and Knighthood Global Chairman James Hogan, citing strong branding, leadership, and investment. He urged a focus on destination strengths and openness rather than price-driven strategies for recovery.