GCC UAE Edition

Emirates' Tim Clark says 5G rollouts in US 'utterly irresponsible'

equities

Dubai is world's most popular destination for 2022, outranks London, Paris: Tripadvisor

Escalating oil prices will become politically sensitive: Kemp

Governments no match for markets in European energy crunch

Global worker shortages may only worsen post-COVID-19: Mike Dolan

Opinion - Ajit Karnik

Revival of travel and tourism will boost GCC economies

The travel and tourism sector, which makes a vital contribution to the GCC economies, was badly hit by the COVID-19 pandemic. Now, with the opening up of the countries, mega sporting events like the Dubai Expo, Indian Premier League, Qatar's FIFA World are set to revive the sector

Opinion - Remy Marcel-Villerabel

A nuanced approach is essential to investing in the UAE, Saudi Arabia, Qatar and Kuwait

Understanding the different fundamentals driving the considerable valuation variation between these four economies is essential to developing a nuanced equities approach to the region

Opinion - Maurice Gravier

A strong start to the year for global and GCC markets

One year after the world went into lockdown, it is time for good news

Opinion - Sammar Essmat

How COVID-19 is pushing MENA companies to embrace flex work

In MENA, however, many companies have balked at the idea of flex work, fearing that employees cannot be trusted to work remotely. But many firms are making the switch

Latest News

economy

Oman seeks $3-4bln in talks to refinance loan: sources

Oman is trying to refinance the loan with better terms

gcc

Oil recovery, reforms to push GDP growth in GCC states to over 6%

However, economic recovery will not be linear among the region's countries, says MUFG

energy

Oil and gas should be part of COP28 talks as they're still needed: Sultan Al Jaber

The UAE's 2050 pledge was followed by similar commitments from Saudi Arabia and Bahrain to reach zero emissions by 2060

security

Minister of Saudi National Guard inaugurates air base in Dirab

President of the Aviation Authority Maj. Gen. Fahd bin Saedan praised the base, which he said was designed to the highest standard modern facilities

employment

EGA recruited more than 100 UAE nationals in 2021

Almost 1,200 UAE nationals now work at EGA

expo 2020

Saudis among biggest spenders in first half of Expo 2020

Based on its transactions data, international spending accounted for 42 % of total outlays across Expo 2020 in December

aviation

Emirates’ US-bound flight diverted to Russia due to a technical issue

Affected passengers were provided hotel accommodation

equities

Mideast Stocks: Abu Dhabi leads most Gulf markets higher

Most stock markets in the Gulf ended higher on Wednesday

islamic finance

Factors that could hold back global sukuk issuance in 2022

In 2021, total sukuk issuance reached $147.4bln compared with $148.4blnn in 2020

investment

Saudi, Korean firms sign 13 major investment deals

Thirteen investment agreements covering areas of strategic interest such as clean energy, manufacturing, smart infrastructure and digitalization

Multimedia

Saudi prince plans Oxagon, the world’s largest floating industrial hub