Grupo Cementos de Chihuahua (GCC) of Mexico closed May 1 on a 271 million dollars deal for The Hardesty Co. Inc., (dba) Mid-Continent Concrete Co. and Alliance Transportation Inc., or MidCo Group. With a 250-mixer fleet and 30 plants, Tulsa-based Mid-Continent is the largest ready ...
GCC Countries Surpass 1 Million COVID-19 Cases: Reuters Tally More Reuters FILE PHOTO: A first responder wearing a protective suit arrives to take a patient, following the outbreak of the coronavirus disease (COVID-19), in the Al Quoz industrial district of Dubai, United Arab Emi...
2023 was an encouraging year for IPOs with meaningful IPO issuance seen across a number of GCC countries, increasing international interest in the region, positive aftermarket performance and a resilient economic backdrop. Whilst the door to certain glob
Illustration based on EY’s GCC analysis: A multinational organization’s GCC has been leading the migration agenda for its global operations across multiple subsidiaries. The organization has a multi-year plan to unify ERPs across more than 30 countries in which it operates. Its...
Artificial intelligence (AI) has the potential to deliver real value in the Middle East’s Gulf Cooperation Council (GCC) countries—as much as $150 billion, according to McKinsey research.1,” McKinsey, July 25, 2022. That’s equivalent to 9 percent or more of GCC coun...
He said that the Qatar Chamber proposes to conduct a study to assess the impact of imposing a carbon tax on the economies of GCC countries. He noted that Gulf economies rely primarily on oil, gas, and hydrocarbon industries, and that such a tax could therefore reduce the competitive advantage...
"Theyevencrossedthepre-crisislevelsseenin2008,"saidthecorporatebankingbenchmarkingreportissuedbytheadvisoryfirmBostonConsultingGroupearlieronFriday. LocallendersinthesixGCCcountries--SaudiArabia,Kuwait,Bahrain,Qatar,theUnitedArabEmirates(UAE)andOman--benefittedfromrelativepoliticalstabilityathomeandcapitaloutflowsintur...
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We discuss how China has become increasingly engaged with the six Gulf Cooperation Council (GCC) countries over the past 20 years.
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