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The Latest Breaking News from GCC

How severe has the economic impact of the Iran war been for the Gulf states?

The US and Israel’s war on Iran has cast a long shadow over the Gulf. It has placed many of the economies that make up the Gulf Cooperation Council (GCC) regional grouping – Bahrain, Kuwait, Oman, Qatar, the United Arab Emirates (UAE) and Saudi Arabia – under substantial strain.

The Conversation

LuLu Group Chairman Yusuff Ali MA thanks PM Modi for 'uninterrupted food supplies' to GCC

LuLu Group Chairman Yusuff Ali thanks Indian Prime Minister Modi for food supplies to the Gulf that remain uninterrupted, despite global uncertainties amid Iran vs US-Israel war. Lulu Group's robust supply chain ensures stable inventory and prevents immediate disruptions. This vital assurance strengthens India's role as a strategic food security…

The Times of India

UAE gold prices swing again: Dubai rates drop Dh10 in a day after hitting record highs

UAE gold prices experienced a Dh10 per gram drop on March 9, 2026, offering relief after a month of hikes. This correction, driven by a strengthening US dollar and geopolitical tensions, has led to cautious buying across the GCC as shoppers await price stabilization.

The Times of India

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Emirates NBD bank waives fees for cash withdrawals from other ATMs across UAE, GCC as Iran and US–Israel war fears grow

Emirates NBD is waiving ATM withdrawal fees across the UAE and GCC until March 31, 2026, to ease financial access amid regional disruptions. This move also includes free debit card replacements and delivery, offering crucial support to stranded travelers and residents navigating travel uncertainties. The initiative aims to ensure uninterrupted…

The Times of India

Online exams or average marks? CBSE’s GCC exam postponement sparks panic among students

Students awaiting Central Board of Secondary Education (CBSE) exams for Class X and Class XII, have been in a state of uncertainty after the Board announced the postponement of key papers scheduled this week across the GCC.

The Times of India

No visa, no paperwork needed for Indians: Armenia opens travel doors to expatriates across Gulf, US, Europe for 180 days

Armenia has introduced a temporary visa-free regime for Indian passport holders with specific residence permits, allowing stays up to 180 days annually until July 01, 2026. This move aims to boost tourism and business, particularly for Indians residing in the GCC, US and Europe, simplifying travel for cultural exploration and…

The Times of India

Lulu Retail to open 50 new stores across Middle East: Hundreds of jobs up for grabs across the UAE, Saudi Arabia, Kuwait and Bahrain

Lulu Retail is set to open 50 new stores across the GCC by 2028, bolstering its presence with hypermarkets and smaller formats. This ambitious expansion, following record revenues, promises hundreds of jobs and aims to enhance accessibility to essentials. The move signifies Lulu's commitment to both physical and digital retail…

The Times of India

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Best skills to learn for GCC jobs in 2026: What employers are really hiring for in the Gulf, from AI to cloud, cybersecurity and more

GCC economies are rapidly embracing digital transformation, creating a surge in demand for tech-savvy professionals. Skills in AI, data analytics, cybersecurity and cloud computing are paramount. Alongside these, strong soft skills like leadership and adaptability, coupled with a commitment to lifelong learning and understanding localisation policies, are crucial for career…

The Times of India

Yomly Review 2026: Features, Pricing, Pros & Cons Explained

HR and payroll are among the most important parts of every company’s operations. A few years back, most businesses handled these tasks through spreadsheets and manual data entry.

inkl

Retail's Future Takes Shape at The Retail Summit 2024 And Proptech Startup, Estater, Leads the Way

Estater's database encompasses 25,000 square kilometers of urbanized real estate across 8 cities, including Riyadh, Jeddah, Dammam, Khobar, Jubail, Dubai, Kuwait, and Bahrain, with 400 million rows of data.

International Business Times

Saudi Arabia's 2024 Growth Forecast Cut; UAE Leads GCC

Poll reveals Saudi Arabia's reduced economic forecast for 2024, while UAE leads GCC in economic performance. Importance of monitoring Gulf economic trends ...

Top News

Workers from UP, Bihar, TN constitute majority of workforce from India in M East: Report

Workers from Uttar Pradesh, Bihar, Rajasthan and Tamil Nadu constitute the majority of labour force from India in the construction industry in the Gulf Cooperation Council (GCC) countries. Read further on Dynamite News:

Dynamite News

GCC-listed Companies Register Record Profits

Companies listed in the GCC markets registered record profits last year, achieving remarkable financial results that came in parallel with a significant improvement in post-pandemic economic activity, resulting in one of the best GDP growth rates in 2022. A Gulf report issued on Wednesday showed that the industrial activity in…

Asharq Al-Awsat

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Asharq Al-Awsat

GCC Minister Discuss Free Trade Agreement with China

Members of the Financial and Economic Cooperation Committee and the Trade Cooperation Committee of the GCC countries discussed the final report on the technical status of the free trade agreement negotiations between the GCC and China. The meeting completes the vision of the Custodian of the Two Holy Mosques, King…

Asharq Al-Awsat

GCC Equity Market Index Dropped 6.4% in 2022

The Gulf Cooperation Council (GCC) equity market index closed 2022 with a decline of 6.4 percent after demonstrating one of the most significant gains globally last year, according to a recent report. Markets in the region remained volatile during the year, and gains made during the first four months were…

Asharq Al-Awsat

GCC Real Estate Sale Transactions Reaches $143.1 Bn

Real estate sale transactions in the GCC over Jan-Oct 2022 reached $143.1 billion, eclipsing the full-year figure of 2021, which was $136.9 billion. According to Kuwait-based KAMCO Investment Company, the total value of the region was nearly 21 percent higher year-on-year compared to the corresponding period from January to October…

Asharq Al-Awsat

IMF Expects 6.5 Percent GDP Growth for GCC Countries

GDP growth in the Gulf Cooperation Council (GCC) is expected to double this year, reaching 6.5 percent, a report issued by the International Monetary Fund (IMF) revealed. Surging commodity prices have limited the spillovers from the war in Ukraine and the impact from tighter global financial conditions, and have allowed…

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Asharq Al-Awsat

GCC’s Banks Gross Loans Reach $1.93 Trillion

The aggregate gross loans in the Gulf region reached a new record of $1.93 trillion, and the banking sector in the Gulf countries is witnessing the initial interest rate hike applied by the central banks in the Gulf Cooperation Council (GCC) countries consistent with the US Federal Reserve interest rate…

Asharq Al-Awsat

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

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

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…

Al Jazeera

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.

Asharq Al-Awsat

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

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…

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