GCC MENA Edition
Latest News
UAE's EWEC receives six bids for Fujairah F3 power project
After a detailed technical and commercial evaluation, a bidder will be selected by January 2020, it said.
Ras Al Khaimah Free Trade Zone aims to attract more investors
India is among the zone’s key clients, due to the good bilateral ties between the two countries
DIFC posts 45% solid growth in Islamic assets in 12 months
Islamic finance has been growing at 1.5 times the rate of traditional finance
Kuwait ruler Emir Sheikh Sabah has returned to Kuwait - KUNA
The emir's office said in August that Sheikh Sabah had suffered a health setback while in Kuwait, without providing details
Saudi Build 2019 in Riyadh receives 23,000 visitors
Saudi Build 2019 successfully managed to explore the future and phenomenal opportunities
IMF slashes 2019 growth forecast for Saudi Arabia to 0.2% from 1.9%
The IMF said the Saudi economy is expected to pick up again next year, forecasting 2.2% growth "as oil GDP stabilizes and solid momentum in the non-oil sector continues."
Mideast Stocks: Saudi hits 11-month low as most Gulf markets fall
Property shares weak in Dubai
ADNOC wants Italy's ENI, Austria's OMC to take stake in refinery expansion
The state energy company plans to double its refining capacity and triple petrochemicals output potential by 2025
Abu Dhabi, Russia explores energy sector cooperation
Al Marar greeted the Russian Minister, underlining the importance of the special partnership that brings the two countries together.
Mohamed bin Zayed, Vladimir Putin witness signing of agreements
The agreements span various vital sectors, including trade and investment, and sustainability and environment
Insights
U.S. oil and gas jobs fall as drilling declines: Kemp
In 2017/18, the second shale-oil boom created almost 100,000 new high-paying jobs in oil and gas drilling
Key economic driver: Small and medium enterprises
SMEs are considered incubators for larger firms of the future
GCC bank capitalization remains strong
Lending growth will remain in the mid-single digits
