GCC banks replacing European banks as major acquirers in the MENA region
Banks in the oil-rich countries of the Gulf Cooperation Council (GCC) are becoming active buyers again of stakes in banks ...
Country: Other GCC
World's tea growers unite to raise prices
The two-day summit of tea producing countries ended with the formation of the International Tea Producers' Forum -a tea cartel ...
GCC power output to reach 170,000MW by 2019
The installed power generating capacity in the GCC is forecast to reach 170,000MW by 2019, according to the latest data. ...
GCC to boost aluminum output by 40%
With global demand for aluminum estimated to increase and reach 70 million metric tons per year by 2020, GCC countries ...
GCC projects swell 12% to $2 trillion
Projects planned and underway across the Gulf region now total more than $2 trillion, up 12 percent on the year-earlier ...
GCC unifies traffic monitoring system
The general traffic administration is currently coordinating with a team for a unified traffic application in GCC countries, its director ...
Nominal GDP in GCC put at $1.56 trillion
Real GDP growth in the GCC is likely to have slowed from 7.8 percent in 2011 to an estimated 5.7 ...
Inter-GCC rail to cost $16 billion
Gulf oil producers are expected to pump nearly $16 billion into an ambitious project to construct a rail way linking ...
GCC aluminum scrap and recycling market to grow by 10%
The aluminum scrap and recycling market in the GCC was estimated at 292,281 metric tons (MT) in 2010 and is ...
China to become largest economy by 2030
The US National Intelligence Council (NIC) projected the world's real GDP to range between $105.7 trillion and $133.1 trillion by ...
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