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Gulf Co-operation Council latest

As oil prices are down more than 20% from the highs of the year, the market expects Opec+ to decide in December 2018 on continuing oil production cuts in order to support oil prices. (Shutterstock)

November 20th, 2018 - 06:34 GMT

Qatar Able to Balance 2018 Budget With Oil Price Padding of $23.8

Qatar has a cushion of around $23.8 per barrel to balance its 2018 fiscal budget currently, according to Kamco, a Kuwait-based regional economic think-tank.

Safa Al Hashem, Kuwait’s only female MP, is notorious for her populist comments against expats, including recommending that expats should be banned from obtaining driving licenses and be taxed to walk on the streets. (AFP)

May 8th, 2017 - 02:00 GMT

Kuwait Deports At Least 21,000 Expats Between 2016-2017: Al-Qabas

In the GCC region, Saudi Arabia’s PMI index for October retreated (59.8) from its peak in September (61.8) on lower crude oil prices.

December 3rd, 2014 - 04:55 GMT

A unfortunate development: Oil plunge to erase GCC market gains

As a region, we do need public education initiatives to address the need for citizens to save both for now and for the long term, which will provide future generations with firm guidance.

December 8th, 2013 - 05:24 GMT

The Middle East's lack of savings: a ticking time bomb?

One of Oman's largest economic sectors is tourism. The Sultanate hopes to have 12 million visitors by 2020 (Courtesy of One Oman)

November 3rd, 2013 - 11:48 GMT

Why this non-OPEC Gulf country is outpacing its GCC neighbors' economies

Gulf Cooperation Council

June 17th, 2013 - 10:28 GMT

Cooperation between GCC and Indian SMEs vital for bilateral sustainability

Growth in the Middle East has slowed but the region is still outperforming much of the world, according to ICAEW’s latest quarterly report

December 5th, 2012 - 10:47 GMT

Middle East economies must diversify

The GCC's General-Secretariat has been tasked to study the presented visions and comment on them

November 8th, 2012 - 01:28 GMT

A Gulf union vies to usurp GCC

If oil prices were to fall and stay low, says Said Hirsh, chief economist at London-headquartered Capital Economics, the impact on spending could be severe

April 1st, 2012 - 01:36 GMT

A studied risk on extortionate oil prices

The drying up of regional liquidity has had many effects on the GCC

February 1st, 2012 - 04:21 GMT

GCC Stock Market: Liquidity the lifeline

Gulf Co-operation Council (GCC) comprising Oman, United Arab Emirates, Qatar, Saudi Arabia, Bahrain and Kuwait continue to exclude personal income from tax other than those taxable as business income

December 5th, 2011 - 08:09 GMT

Less than 15% of 96 countries changed income tax rates globally

Al Bawaba

September 29th, 2010 - 10:38 GMT

Apligraf® Approved by Saudi Food and Drug Authority for Treatment of Chronic Wounds

Al Bawaba

August 30th, 2010 - 09:08 GMT

NBAD Sponsors Global Arab Business Meeting in RAK