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The statistics show that 1,038 properties were purchased by GCC nationals in August 2018. (Shutterstock)

October 22nd, 2018 - 06:31 GMT

This Country Is the Preferred Choice for GCC Citizens Property Investments, and Its Neither Dubai nor Lebanon

The number of GCC citizens buying properties in Oman has risen by 17.63 percent according to the country's National Center for Statistics and Information, local daily Times of Oman reported on Sunday.

In 2009, the region’s own blowouts came to the fore amid the seismic shake up of the world’s biggest economies, hurtling towards what many feared to be an economic depression, similar to 1929.

September 12th, 2013 - 11:10 GMT

Remembering Lehman Brothers: GCC financial markets five years down the line

QNB Group, the largest GCC bank by assets, is the only Qatari bank in the top ten list and was the fastest growing bank with total assets expanding by 30 percent in the 12 months to end-June 2013.

September 1st, 2013 - 07:38 GMT

Top ten GCC banks among the fastest growing globally

GCC corporate banks are falling behind global counterparts when compared on metric such as return on regulatory capital (Mike Hewitt/Getty Images)

June 30th, 2013 - 06:46 GMT

Gulf’s Corporate Banks At Peak Levels

Premium growth was largely in the medical insurance business in UAE

May 15th, 2013 - 12:23 GMT

Omani investment company triples Q1 net profit

Dubai Financial Market

May 14th, 2013 - 02:17 GMT

Dubai Financial Market gains 0.5%, reaches four-year high

Public health expenditure in the GCC countries ranges between 63 percent and 80 percent of total health expenditure

April 8th, 2013 - 07:23 GMT

GCC healthcare spending looking healthy

Bahrain's Crown Prince has overseen growth in the Kingdom

March 6th, 2013 - 11:21 GMT

Bahrain economy buoyant as government forecasts 5% growth

Users want faster processors and are willing to pay for it

February 17th, 2013 - 08:50 GMT

Smartphone's holding the line

The retail industry in the GCC is looking healthy

December 19th, 2012 - 07:40 GMT

Retail sector in GCC set to thrive

Record car sales are being seen in the UAE, bucking the global trend

October 10th, 2012 - 12:40 GMT

UAE car sales in the fast lane

Job seekers with analytical and management experience have been high on companies hiring agendas, with a rise of commercial roles filtering through

September 5th, 2012 - 07:19 GMT

Job rush in UAE: work opportunities on the up!

Regional heavyweight Saudi Arabia was responsible for almost half of the total surplus ($245 billion) followed by the UAE ($94 billion) and Qatar ($79 billion)

March 28th, 2012 - 02:03 GMT

GCC's trade surplus to hit $493 billion in 2012-13