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GCC
June 22, 2022
GCC states likely to see higher growth in 2022 on oil price rebound

Oxford Economics said rising housing demand could feed through to inflation

ECONOMY

Egypt’s external buffers strengthen, opening door for CBE rate cut: HC Securities

Egypt’s external buffers strengthen, opening door for CBE rate cut: HC Securities
Egypt’s external buffers strengthen, opening door for CBE rate cut: HC Securities
ECONOMY

Mohammed bin Rashid approves development of Al Layan Oasis

Mohammed bin Rashid approves development of Al Layan Oasis
Mohammed bin Rashid approves development of Al Layan Oasis
HOSPITALITY

Oman’s hotel revenues for 3 to 5 star category reach $773mln in 2025

Oman’s hotel revenues for 3 to 5 star category reach $773mln in 2025
Oman’s hotel revenues for 3 to 5 star category reach $773mln in 2025
ECONOMY

UAE: New cabinet decision on exchange of information upon request for tax purposes

UAE: New cabinet decision on exchange of information upon request for tax purposes
UAE: New cabinet decision on exchange of information upon request for tax purposes
ECONOMY

DIFC announces enactment of new Variable Capital Company Regulations

DIFC announces enactment of new Variable Capital Company Regulations
DIFC announces enactment of new Variable Capital Company Regulations
ECONOMY

Saudi industrial production up 8.9% in December on mining, non-oil activity

Saudi industrial production up 8.9% in December on mining, non-oil activity
Saudi industrial production up 8.9% in December on mining, non-oil activity
ECONOMY

UAE banking outlook shifts to positive, despite low profitability – Moody’s

UAE banking outlook shifts to positive, despite low profitability – Moody’s
UAE banking outlook shifts to positive, despite low profitability – Moody’s
OIL

Kuwaiti oil barrel price down 98 cents to $65.18

Kuwaiti oil barrel price down 98 cents to $65.18
Kuwaiti oil barrel price down 98 cents to $65.18
FOOD

Oman: $1.9bln pacts inked for 11 food security projects in S. Batinah

Oman: $1.9bln pacts inked for 11 food security projects in S. Batinah
Oman: $1.9bln pacts inked for 11 food security projects in S. Batinah