Economy GCC economic data The latest economic indicators for the Gulf Co-operation Council countries: the United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Oman and Bahrain July 22, 2024 Unsplash/Robert Bock For the Middle East and North Africa, go to our Mena economic data page The charts and tables on this page are for general information purposes only. AGBI aims to keep the information up-to-date and correct, but makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability of the information. Any reliance you place on such information is therefore strictly at your own risk. All IMF and World Bank data on this page is publicly available. The latest IMF World Economic Outlook was published on April 16 2024; the World Economic Outlook Update was published on July 16
People & Lifestyle Falcons sink their talons into both hearts and wallets From ancient hunting companions to modern status symbols, the birds of prey are serious business in the Middle East 1 hour ago
Industry Saudi Arabia open to joint mining ventures with China Saudi Arabia is open to joint investments with Chinese mining companies, mineral resources minister Bandar Alkhorayef has said. The kingdom is seeking collaborations in processing and producing lithium used in electric vehicle (EV) batteries, as well as processing and refining copper, the state-run Saudi Press Agency reported. During a meeting with senior executives of General […] 1 hour ago
Tourism Saudi Arabia scraps hotel licence fees to draw investment Saudi Arabia has removed licensing fees for hotels and resorts in a further effort to increase tourism and improve the kingdom’s investment environment. The Ministry of Tourism and Ministry of Municipalities and Housing said they would ask hotel establishments to reapply for operating licences online. The decision applies to hotels, hotel apartments and residential resorts. […] 2 days ago
Finance Mubadala applies to take full control of Turkey’s Getir The Abu Dhabi sovereign wealth fund Mubadala has formally applied to take full control of the Turkish grocery delivery startup Getir. Mubadala had taken a majority controlling stake in the company in June this year as part of a restructuring programme, with a capital injection of $250 million. The filing to take over Getir was […] 2 days ago