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Middle East: Year in Review 2021

Higher oil prices helped Middle Eastern countries return to growth in 2021 Notwithstanding the rebound, some governments rolled out fiscal rationalisation plans Business-friendly and social reforms...

Bahrain Tops GCC Rankings as Best Place For Expats to Live

Bahrain remains the best place in the GCC for expats to live and work despite the COVID-19 pandemic, according to the recently published InterNations...

Economic Confidence in GCC Remains Stable despite VAT Adoption

Confidence in the Middle East is stable, even with the adoption of VAT in the GCC, according to the latest edition of the Global...

LinkedIn Releases GCC Specific Data on Digital Workforce

A joint study conducted by the Ideation Center at Strategy&, part of the PwC network, together with LinkedIn has highlighted that to achieve their...

GCC GDP on Growth Path despite Oil Price Decline

Regional economies have been on an accelerated growth trajectory for the period 2011-14, which has been mainly fueled by record oil prices with the...

2017 Sees a Record High Number of IPOs in GCC

A surge in number of floats in the GCC following the launch of the Parallel Market in Saudi Arabia creating a new platform for...

VAT in GCC – It’s coming, so how do we get...

To help businesses in the Gulf Cooperation Council (GCC) countries understand the potential impacts of the implementation of VAT, Deloitte in the Middle East...

Gulf investment corporation expands investments in Iron & Steel industry in...

Gulf United Steel Holding Company (“Foulath”), a leading global steel investment vehicle and the world’s first fully integrated steel producer, today announced the acquisition...

Education outcomes in GCC lag behind high-income countries

95% of young Emirati women have completed secondary education or higher 18% increase in life evaluations for women with higher levels of education Eighty-seven percent of...

GCC to provide Oman and Bahrain with $20 Billion Aid

The Ministerial Council of the Gulf Cooperation Council for the Arab Gulf States decided at its 118th session to set up the Gulf Development...

GCC suspends EU free-trade talks

The six-nation Gulf Cooperation Council has suspended talks with the European Union over a free-trade agreement, the GCC's secretary general said on Tuesday. "We have...

Strong economic outlook for UAE

The underlying economies of both the UAE and GCC region are strong and the outlook for listed companies robust said Tom Healy, Chief Executive...

DIFC releases report on progress towards GCC monetary union

A new report assessing the progress being made by GCC countries to achieve the convergence criteria for a GCC Monetary Union (GMU) was...