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GCC-US trade hits $93.6 billion in 2023, but investment flows show mixed signals

According to the Statistical Centre of the Cooperation Council for the Arab States of the Gulf, the GCC exported goods worth $57.5 billion to...

Crypto’s No. 2 token Ether, posts best week since 2021 amid trade thaw, tech optimism

Ether surged nearly 33% this week, marking its strongest rally in over three years, as easing global trade tensions and a major network upgrade boosted investor confidence in the digital asset market.

U.S. Dollar on the course for worst two-month slide since 2002

After a turbulent March and April, the dollar was set to fall 7.7%, marking its biggest two-month drop since May 2002. Although the dollar...

Oman Air adopts major restructuring plan to reduce mounting debt

The airline has already appointed Captain Nasser Al Salmi, an aviation specialist with over 30 years of experience as acting Chief Executive Officer.

JSIS: Building a self-reliant Oman

Harssha Shetty, CEO of Jindal Shadeed Iron & Steel, is hard, unmoving and versatile, like steel, when it comes to his company’s mission for the region, and beyond, and commitment to maintaining and promoting ‘our reputation as a reliable partner that’s invested in building a resilient, self-reliant Oman’

National Life and General Insurance Company: Delivering value beyond insurance to customers

Oman’s largest insurer NLGIC is on course to become a regional multi-line, multi-country giant delivering value beyond insurance to the customers.

Abu Dhabi’s non-oil economy grows to a 9-year high in Q1 2023

This outstanding growth brought the contribution of non-oil activities to the total GDP to its highest level in eight years at 52.8%.

Real estate sector in GCC experiencing ‘profound transformation’: Expert

The real estate sector in the GCC region is currently experiencing a profound transformation, as it merges local dynamics with global influences. This shift...

IMF projects Oman’s economic growth to rebound to 2.7% in 2024

Banking sector remains sound as profitability has recovered from pandemic lows.

UAE most preferred nation to live in: Arab youth survey

For the 12th consecutive year since they were asked to name the countries they consider ‘model nations’, Arab youth have said the United Arab...

70% of young employees prefer hybrid work in UAE

Oliver Wyman has discovered that Gen Z-ers in the UAE overwhelmingly prefer hybrid work.

Don't miss

National Life and General Insurance Company: Delivering value beyond insurance to customers

Oman’s largest insurer NLGIC is on course to become a regional multi-line, multi-country giant delivering value beyond insurance to the customers.

AI central to UAE’s economic diversification, says COP28 President-Designate

AI will contribute to the UAE’s net zero strategic initiative by 2050 and help unlock advances in climate progress, says H.E. Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology.

Economic growth in GCC to more than halve in 2023: World Bank report

However, the GCC growth will still outperform the wider Middle East and North Africa region, forecast to grow by 3% in 2023, down from 5.8% growth in 2022.

KitchenomiKs aims to transform on-demand food economy in Oman

KitchenomiKs cooks up dainty on-demand delicacies, tossing in emerging technologies, yummy multi-brand choices and seamless delivery.

Real estate sector in GCC experiencing ‘profound transformation’: Expert

The real estate sector in the GCC region is...
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