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The Latest Breaking News from GCC

GCC Interior Ministers Discuss Common Security Issues

The Interior Ministers of the Gulf Cooperation Council (GCC) have held their thirty-ninth meeting in Riyadh under the chairmanship of Saudi Interior Minister Prince Abdulaziz bin Saud bin Naif. Prince Abdulaziz delivered a speech in which he conveyed the greetings of the Custodian of the Two Holy Mosques, King Salman…

Asharq Al-Awsat · Nov 10, 2022

Saudi Arabia to Host Gulf Entrepreneurs Forum

Riyadh is scheduled to host on Tuesday the third edition of the Gulf Entrepreneurs Forum, organized by the Small and Medium Enterprises General Authority (Monshaat). The forum will be held under the patronage of Saudi Minister of Commerce Dr.

Asharq Al-Awsat · Oct 17, 2022

Saudi Arabia Signs MoU with IMF to Establish Regional Office in Riyadh

Saudi Arabia concluded a memorandum of understanding with the International Monetary Fund (IMF) to establish a regional office in Riyadh, which would boost its presence in the region and provide its economic recommendations to the countries of the Gulf and the region. Saudi Minister of Finance Mohammed al-Jadaan signed the…

Asharq Al-Awsat · Oct 4, 2022

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Egypt’s el-Sisi arrives in Doha on first trip since GCC crisis

Abdel Fattah el-Sisi has met Qatari Emir Sheikh Tamim bin Hamad Al Thani in Doha as the two countries aim to boost ties.

Al Jazeera · Sep 13, 2022

Education Occupies 40% of Saudis' Savings Plans

A recent survey commissioned by Zurich International Life (Zurich), part of Zurich Insurance Group, revealed that only 4 out of 10 parents in Saudi Arabia have a savings plan dedicated to educating their children. According to the survey, a copy of which was obtained by Asharq Al-Awsat, 32 % of…

Asharq Al-Awsat · Sep 1, 2022

Saudi Arabia Leads Contract Awards in GCC

Saudi Arabia topped the GCC project awards, which improved during the year's second quarter despite global economic challenges caused by supply chain problems and higher oil prices primarily driven by the Russia-Ukraine conflict. Higher crude oil price was the most significant contributor to inflation numbers across countries, including in the…

Asharq Al-Awsat · Jul 20, 2022

UK-GCC trade deal could add £130m to Welsh economy says Government

Talks for a trade agreement between the UK and the Gulf Cooperation Council start in Riyadh, Saudi Arabia today

Birmingham Post · Jun 22, 2022

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UK begins trade talks with Gulf states

Expected deal expected could add around £270m a year to the Scottish economy

Insider UK · Jun 21, 2022

US Works ‘Closely’ with Saudi Arabia to Confront Iranian Challenges, Ensure Energy Sources Stability

The US Department of State confirmed that it is "working closely" with Saudi Arabia and the Gulf states to confront the "challenge that Iran poses." The State Department announced that the challenge posed by Iran to the region and beyond would be high on the agenda when President Biden visits…

Asharq Al-Awsat · Jun 16, 2022

Data | Hate remarks against the Prophet: Why does the Gulf matter?

India sources close to 40% of its fuel needs from the Gulf countries and Iran. About 90 lakh Indians reside in the region and they account for over 55% of India’s remittance inflows

The Hindu · Jun 7, 2022

Simonnet to Asharq Al-Awsat: Work Underway to Exempt Gulf Citizens from Visa Requirement

The European Union’s Ambassador to Saudi Arabia, Patrick Simonnet, said a new visa system would be revealed soon, allowing Saudi citizens to obtain multiple entries to the EU. In remarks to Asharq Al-Awsat, Simonnet also revealed that work was underway to exempt all Gulf citizens from the visa requirement. His…

Asharq Al-Awsat · May 31, 2022

GFH to Cross List Shares on ADX in May

Bahrain-based investment bank GFH Financial Group plans to cross list its shares on Abu Dhabi Securities Exchange (ADX) in May, making it the company's fourth regional listing after Bahrain, Dubai, and Kuwait bourses. GFH expects the cross trading on ADX to boost liquidity in its shares, benefit the shareholders, and…

Asharq Al-Awsat · Apr 25, 2022

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