Land development area under SEZs in GCC to reach 100,000 hectares by 2040
The unprecedented incidents like COVID-19 pandemic and a big drop in energy prices will serve as a catalyst in accelerating ...
Country: Other GCC
Bahrain extends stimulus for private sector, citizens
Bahrain has announced the extension of its stimulus measures to support private-sector jobs and citizens. Finance and National Economy Minister ...
Non-oil sectors forecast to rebound strongly in 2021
A significant rebound in non-oil sectors is expected in GCC economies by 2021 as lockdown ends and demand recovers. Weaker ...
EU agri-food exports to GCC rise over focus on healthy, fresh produce
European Union (EU) farm exports to the GCC grew by 25 percent in Q1 2020 thanks to COVID-19, which has ...
GCC announces $5.5bn projects in April despite Covid
Projects worth $5.5 billion had been announced across the GCC in April primarily driven by Saudi Arabia which contributed 67% ...
Bahrain awards 372 tenders worth $740mn in first three months of 2020
Bahrain has awarded a total of 372 tenders worth a total of $740 million during the first three months of ...
Bahrain allows businesses to open from May 7
Bahrain has announced that commercial and industrial businesses providing goods or services directly to customers can resume usual operations, provided ...
Coronavirus: IMF urges Mideast sovereign funds to boost local economies
Sovereign wealth funds in the Middle East should be used to boost growth, an International Monetary Fund (IMF) official said ...
Bahrain exports $1.53bn worth national products in Q1
The value of exports of national origin from Bahrain decreased by 1% to BD579 million ($1.530 billion) during first quarter ...
Coronavirus: Bahrain’s Cabinet agrees to reschedule a number of construction projects due to COVID-19
Bahrain’s Cabinet has decided to reduce the operational expenses budget for ministries and government by 30% unless public interests require ...
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