While the region may have successfully cushioned the blow of recent crises, analysts believe it’s time to change tack.
Several projects are in the pipeline to help catapult natural gas output across the country in the coming years.
The Gulf countries are expected to spend USD 12 billion on the pharmaceutical industry by 2020 and Saudi has the largest market for medication in the region of USD 5.1 billion in 2012.
A regulatory program was created to buffer the financial system from the crisis, but bankers are now clamoring for reform.
Around USD 3.45 trillion worth of projects are in the design, bid or construction stage until 2025 in the GCC, according to Zawya project tracking data compiled in November 2013.
Flush with confidence, the emirate is preparing a blueprint to become a major hub for the Shariah-compliant financing sector, reports say.
Global warming is touted as a major concern that could impact some of the continent’s key industries.
The GCC's increased economic diversification could open roads for India's growing thirst for global reach.
A mere 2% of more than 5,000 Muslims surveyed in a poll use Islamic banking services.
Innovative businesses rely on a steady stream of fresh functionality to stay agile. The most successful ones use DevOps to remove any roadblocks that stand in their path, writes Alan Hale, director of EMEA Consulting at Red Hat.