Tag: GCC Business News
Online shopping rise considerably on TikTok; Market Study
Chinese video-sharing app TikTok has observed a substantial rise in online shopping on its platform among users from Saudi Arabia (90 percent), UAE...
Kuwait will comply with any OPEC+ production cuts; Oil Minister
Kuwait's Oil Minister Khaled al-Fadhel emphasized that his country will back any decision made by OPEC and its allies on future oil supply policy...
Kuwait worst hit in GCC by low oil prices: Moody’s
Renowned global credit rating service Moody's Investors Service (Moody's) expects Kuwait to be the most exposed GCC country to the prolonged decline in oil...
OPEC+ will continue with cuts to attain market stability: OPEC Official
Mohammed Barkindo, Secretary-General of global oil producer's alliance Organization of the Petroleum Exporting Countries (OPEC) has remarked that OPEC+, which includes the body and...
More opportunities in new economy driven by COVID-19: GCC executives
In the wake of the coronavirus pandemic, the opportunities in the new economy are much higher than before in the region and those with...
Tough 18 months ahead for GCC Banks; S&P
American credit rating agency, S&P Global Ratings has observed that banks in the GCC region face an uphill battle in the next 18 months...
GCC pharma sectors to spend billions of dollar to tackle COVID-19
Pharmaceutical research companies and manufacturers in the Gulf region are making every possible effort to meet the challenges of COVID-19, and are now investing...
Abu Dhabi & Dubai top regional smart cities indices
Institute for Management Development's (IMD) 2020 Smart City Index has ranked both Dubai and Abu Dhabi as the best smart cities in the MENA...
