China State Construction Engineering Corporation (CSCEC) said it has signed the contract to build the North Kabd Wastewater Treatment Plant in Kuwait, thus marking the latest infrastructure project under co-operation between the two countries through China's Belt and Road Initiative.
The United States and Iraq discussed expanding economic co-operation and increasing US investment in the Arab nation’s energy sector during high-level talks at the White House on Wednesday, as the two countries sought to deepen their strategic partnership.
Inflation across GCC stood below 2% for a second year in 2025, the lowest globally, with the annual rate edging up to 1.8% from 1.6% in 2024, thus reflecting the effectiveness of economic policies in curbing inflationary pressures and maintaining price stability, said a report.
Boursa Kuwait Securities Company has reported a net profit of KD5.99 million ($19.4 million) for the first quarter of 2026 with its total assets hitting KD145.24 million ($471 million), thus underscoring its resilience despite regional geopolitical tensions and economic uncertainty.
It will be another year of robust economic growth in the Middle East in 2026 despite lower oil prices, according to top ratings agency Fitch. The median growth among the Gulf countries as well as Egypt, Iraq, Israel and Jordan will be at 4%, up from 3.4% last year.
Lebanese group Dar Al Handasah has secured a contract to conduct studies for the $4billion Qatar-Bahrain causeway project. The scope of work includes financial, economic, social and environmental feasibility studies for the 40km causeway, also known as the Friendship Bridge, said a report.
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.
Forbes Middle East has announced the launch of a new global strategic initiative at the ongoing World Economic Forum Annual Meeting in Davos 2026. The initiative underscores the region’s growing influence in shaping global economic dialogue and contributing to future-focused international agendas.
