Friday 16 November 2018
 
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GCC

Credit conditions mixed for Mideast: Moody’s

Credit conditions for emerging markets in 2019 will be more challenging as global growth slows, said says Moody's Investors Service in a new report, giving a negative outlook for Turkey and parts of Africa and mixed for the Middle East.

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GCC growth likely to reach 3pc in 2019: IMF

Real GDP growth is predicted to reach 2.7 per cent across the Middle East, North Africa, Afghanistan and Pakistan (Menap) region and 3 per cent in the GCC in 2019, according to International Monetary Fund (IMF) Fall 2018 Regional Economic Outloo

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Equitativa posts solid Q3 growth, NAV soars to $529m

Equitativa, the largest REIT (real estate investment trust) manager in the GCC region, has reported solid growth for the first nine months with its net asset value (NAV) surging to $528.7 million ($1.76 per share) over last year with a total yea

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Indian visitors to add over 10m hotel room nights in GCC - report

The number of Indian visitors travelling to the GCC over the coming five years will create an extra 10.8 million room nights, according to data published ahead of Arabian Travel Market 2019 (ATM), which takes place at Dubai World Trade Centre fr

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GCC outbound tourism spending surges to $60bn

The per-capita international tourism spending from the Gulf visitors was 6.5 times higher than the global average last year, with expenditure estimated to be more than $60 billion last year, up from $40 billion in 2010, said a new report from

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GCC medical tourists to Turkey to hit 1m by 2019

Medical tourism to Turkey from Bahrain, Kuwait and the UAE has significantly increased since the beginning of 2018 as Turkey’s international reputation as a high-quality medical services provider to global patients grows. Ov

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GCC HR leaders 'must learn how to leverage people analytics'

Middle East investment in human capital analytics is growing, but the majority of organisations still don’t understand how people data can be used to boost business, a new study shows. While 56 per cent of private and public

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New avenues opening up in GCC mobility space

Crowd-sourced delivery, B2B e-commerce in the spare parts and accessories space, and subscription-based business models are a few key opportunities opening up in an increasingly connected mobility space in the GCC, a report said.

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Seychelles targets GCC tourist market

The Seychelles Tourism Board (STB) Office in Dubai conducted the third edition of its GCC roadshow across Abu Dhabi, Dubai, Kuwait, and Qatar from October 14 to 17. STB’s delegation was led by the manager of STB Office in Du

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Russian visitors to GCC to increase 125pc by 2023

The number of Russian tourists travelling to the GCC is expected to increase 125 per cent, from 933,000 in 2018 to 2.1 million in 2023, according to data published ahead of Arabian Travel Market (ATM) 2019, which takes place at Dubai World Trade

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