GCC countries

Europe set to open GCC’s first chamber of commerce in Riyadh

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European Chamber of Commerce in the Kingdom of Saudi Arabia (ECCKSA) The European Union (EU) is gearing up to open the Gulf Cooperation Council (GCC) region’s first chamber of commerce in Saudi Arabia’s capital Riyadh on Wednesday, May 8. The highly-anticipated launch event will take place at the Cultural Palace in the Diplomatic Quarter of … Read more

Gulf Cooperation Council contract awards surge by 88% in 2023

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Contractors from the Gulf Cooperation Council (GCC) countries have secured a record-breaking 205 billion dollars (Rs 1,69,89,04,70,00,000) in contract awards in 2023. The 2023 saw an 88 percent increase of projects awarded compared to 2022, with 109 billion dollars (Rs 90,32,95,53,50,000), MEED reported. The GCC countries’ strong growth in project value indicates their determination to … Read more