The banking sector across the Gulf Cooperation Council (GCC) is experiencing a period of rapid expansion, driven by economic diversification, rising oil revenues, and digital transformation. As the region navigates global economic shifts, banks in the UAE, Saudi Arabia, Qatar, and beyond are poised to capitalize on new opportunities while addressing emerging challenges. With rising […]
In an extraordinary ministerial meeting attended virtually, the Gulf Cooperation Council (GCC) nations reiterated their unwavering support for the United Arab Emirates (UAE) as it prepares to host the 28th session of the Conference of the Parties (COP28) this year.
The Ministry of Finance of the United Arab Emirates participated in the 68th meeting of the GCC Undersecretaries of Ministries of Finance Committee, which took place in Muscat, Oman. The meeting focused on discussions regarding Gulf economic work, ways to enhance financial and economic cooperation, and preparation for the 119th Financial and Economic Cooperation Committee […]
Saudi Arabia has recently made a significant change to its visit visa rules, allowing GCC (Gulf Cooperation Council) residents to visit the kingdom regardless of their profession. This move is expected to boost tourism and increase economic activity in the country. Previously, only certain categories of GCC residents, such as doctors, engineers, and journalists, were […]
