Tag: GCC Business News
Saudi Arabia’s Almosafer signs MoC with the Tourism Authority of Thailand
Saudi Arabia-based leading travel brand, Almosafer has signed a Memorandum of Cooperation (MoC) with the Tourism Authority of Thailand (TAT) in order to strengthen...
Brazil to begin a trade mission to Arab countries from May...
The Brazilian federal government has stated that it will promote a trade mission to ten Arab countries from May 17 to June 6, which...
M&A deals in MENA witnessed an 11% rise to $21bn in...
A recent report by the global provider of financial market data and infrastructure, Refinitiv has revealed that the Middle East and North Africa (MENA)...
GCC central banks raise benchmark interest rates to curb inflation
GCC central banks have increased their benchmark interest rates, following the US Federal Reserve's decision to increase the Interest on Reserve Balances (IORB) by...
Gulf investors eye for property in foreign land especially London; Knight...
Gulf-based high-net-worth families have been returning to property investments in the last six months as the real-estate market recovers from the worst effects of...
Egyptian food brand Abu Auf marks GCC entry with new branches...
The Egypt-based food brand Abu Auf, fully owned by Samo Food Industries, has opened retail branches in the Gulf countries like the United Arab...
GCCIA exploring new electricity interconnect between Oman & Saudi Arabia
A new interconnect between the electricity grids of the Sultanate of Oman and the Kingdom of Saudi Arabia is currently under study, according to...
Printing equipment sales in MEA to reach $435mn in 2026; Report
Sales of print equipment in the Middle East and Africa (MEA) will reach an estimated $435 million in 2026, powering the industry to a...