September 26, 2026
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Tag : Gulf Cooperation Council

News

Italy and GCC sign MoU to expand political cooperation

omandailynews.com
Italy and the Gulf Cooperation Council signed a memorandum of understanding in Rome on Monday to strengthen cooperation and create a structured channel for political consultations. The agreement was signed during a meeting between Italian Deputy Prime Minister and Foreign...
Business

GCC beats global average in 2026 economic freedom index

omandailynews.com
MUSCAT: Gulf Cooperation Council countries outperformed the global average in the 2026 Economic Freedom Index, with the bloc posting an average score of 66.9 against a world average of 59.9, according to data released by the GCC Statistical Centre. The figures pointed to...
Business

South Korea food exports rise 4% in first quarter

omandailynews.com
SEJONG: South Korea’s food exports rose 4.0% from a year earlier in the first quarter, supported by strong overseas demand for ramyeon, snacks, beverages and fresh fruit, according to provisional government data released on April 3. Food exports reached $2.5622 billion in...
Business

World Bank predicts 4.8 percent expansion in UAE’s non-oil sector in 2023

omandailynews.com
The World Bank has released its projection stating that the United Arab Emirates (UAE) is expected to experience a robust growth of 4.8% in its non-oil sector in 2023, contributing to an overall GDP growth of 2.8%. This growth is...