Inflation across GCC stood below 2% for a second year in 2025, the lowest globally, with the annual rate edging up to 1.8% from 1.6% in 2024, thus reflecting the effectiveness of economic policies in curbing inflationary pressures and maintaining price stability, said a report.
Positive Zero, a leading energy transition platform in the GCC, today announced the closing of a landmark financing facility of up to $375 million.
Bahrain and the European Union (EU) pledged closer co-operation on regional security and maritime stability while launching negotiations on a Strategic Partnership Agreement, following talks between senior officials at the GCC-EU Regional Security Cooperation Forum.
In a world increasingly shaped by supply constraints, the GCC is shifting from a beneficiary of scarcity to a provider of the energy, capital, and infrastructure that underpin global growth, says a new BlackRock report.
Australian group Maritimo, a leading builder of long-range luxury motor yachts for the world, has appointed KJM Marine as its exclusive dealer across the GCC and selected territories in the Middle East and Indian Ocean, reinforcing its presence in one of the world's most dynamic boating regions.
Most Gulf Cooperation Council (GCC) sovereigns remain supported by strong balance sheets and alternative export channels despite the economic and geopolitical fallout from the US-Iran war, which has prompted Fitch Ratings to revise its 2026 global sovereign sector outlook to “deteriorating” from “neutral.”
Japan National Tourism Organization (JNTO) has announced strong growth in visitor arrivals to Japan in 2025, with the GCC market outperforming others as demand for premium and experience-driven travel expanded.
Aggregate net profits reported by companies listed on GCC exchanges rose 15.5% year-on-year in the first quarter to a record quarterly high of $67.9 billion, up from $58.8 billion, said a report. This growth was mainly due to stronger earnings from energy companies, particularly Saudi Aramco.
US Secretary of State Marco Rubio sought to reassure Gulf allies on Wednesday that Washington's landmark agreement with Iran would not come at the expense of their security, as he met leaders in the United Arab Emirates and Kuwait during a regional tour aimed at easing concerns over the deal.
Oman Air, the sultanate's flag-carrier, has announced plans to launch new direct flights to Abu Dhabi from its hub in Muscat, further expanding its regional network. Operating once daily, starting from July 9, this service marks Oman Air’s 49th destination and its tenth within the Gulf region.
