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Sunday, February 08, 2026 | Daily Newspaper published by GPPC Doha, Qatar.

Tag Results for "GCC" (80 articles)

Gulf Times
Region

GCC Secretary General welcomes US President's plan to end crisis in Gaza Strip

Secretary General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi welcomed the plan announced by US President Donald Trump regarding ending the war in the Gaza Strip. The Secretary General considered that any international effort aimed at ending the crisis and putting a stop to the humanitarian catastrophe in the Gaza Strip deserves praise, engagement, and contribution. He affirmed that a ceasefire, the direct and rapid lifting of restrictions on aid delivery, preventing the displacement of the population from the Strip and protecting them, are priorities that should be at the core of any responsible international action. He stressed that the success of any initiative is contingent on the seriousness of its implementation and on ensuring the protection of civilians and providing suitable conditions for stability. GCC Secretary General indicated that the Cooperation Council views the proposed steps positively, as they could contribute to paving a genuine and just path that guarantees the inalienable rights of the Palestinian people, foremost among them the establishment of their independent state on the June 4, 1967 borders, with East Jerusalem as its capital. He also underscored the Cooperation Council's readiness to cooperate with regional and international partners to support every effort that leads to ending the crisis in the Gaza Strip and formulating a solution that preserves all the rights of the brotherly Palestinian people, based on the two-state solution, and achieves security and stability in the region.

Gulf Times
Region

UN Chief applauds GCC mediation power

Secretary-General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi met with Secretary-General of the United Nations Antonio Guterres to discuss ways to enhance joint cooperation. The meeting took place today on the sidelines of the GCC Secretary-General's participation in the 80th Session of the United Nations General Assembly in New York. In light of regional developments, the UN Secretary-General praised the role and efforts of GCC member states in mediation and their ongoing pursuit of security and stability in the region and the world, affirming that the entire world needs the GCC's efforts across all fronts. Albudaiwi emphasized the GCC's keenness to strengthen joint cooperation with the United Nations to contribute to resolving regional and international issues, foremost among them the crisis in Gaza and the achievement of sustainable development. He also commended the General Assembly's resolution on cooperation between the GCC and the United Nations, which will significantly contribute to enhancing their partnership.

Gulf Times
Region

GCC reiterates rejection of attempts to undermine Qatar’s security

The Gulf Cooperation Council (GCC) reaffirmed its full solidarity with the State of Qatar following the recent terrorist attack against it, expressing its categorical rejection of any threat to Qatar's security and stability or to the security of the region as a whole. During a joint meeting with the Community of Latin American and Caribbean States (CELAC), held on the sidelines of the United Nations General Assembly in New York, the Council stressed the need to strengthen cooperation and coordination to confront such attacks and preserve stability. In his speech at the meeting, GCC Secretary-General Jasim Mohammed Albudaiwi stated that the world and the region have witnessed serious developments and major challenges since the last meeting, foremost among them the recent terrorist attack on Qatar, which he described as a threat to regional and international security, a blatant violation of international law, and an assault on the sovereignty of a GCC member state. Albudaiwi also voiced deep concern over Israel's ongoing aggression against the Palestinian people in Gaza and the massive humanitarian suffering it has caused, emphasizing that the situation requires urgent action by the international community. He reiterated the GCC's firm and unwavering position in support of a just and comprehensive solution to the Palestinian issue, in accordance with international resolutions and the Arab Peace Initiative, and based on the two-state solution that guarantees the establishment of an independent Palestinian state on the Jun. 4, 1967 borders with East Jerusalem as its capital. Regarding relations between the GCC and CELAC, Albudaiwi stressed that both sides are determined to strengthen and elevate their partnership to broader horizons. He explained that merchandise trade between the GCC and CELAC reached around $20 to 28 billion in 2024, noting that the trade balance favored CELAC in 2023 and 2024 due to a decline in GCC exports and an increase in its imports, particularly food supplies from Brazil and Mexico. He affirmed that strengthening partnerships and exchanging expertise, despite challenges such as geographical distance and varying levels of development, can open new opportunities for sustainable growth between the two regions.

PwC and TruKKer, the Middle East’s first and largest on-demand truck aggregator, in their joint research across the UAE, Saudi Arabia and Qatar found that electric heavy-duty truck availability in the GCC remains limited.
Business

Qatar, GCC should attract electric heavy-duty truck manufacturers: PwC

The availability of electric heavy-duty trucks remains "limited" in Qatar and the wider Gulf Co-operation Council or GCC, underscoring the urgent need to expand supply and attract manufacturers to the region, a PricewaterhouseCoopers or PwC study has said.Stressing that accelerating sustainable trucking offers significant, measurable climate benefits; PwC Middle East research shows that, under a government-led scenario, Saudi Arabia, the UAE and Qatar could avoid up to 2.6mn tonnes of carbon dioxide annually by 2035 – the equivalent of 2.6 years of Qatar’s current road freight emissions.PwC and TruKKer, the Middle East’s first and largest on-demand truck aggregator, in their joint research across the UAE, Saudi Arabia and Qatar found that electric heavy-duty truck availability in the GCC remains limited, especially in the crucial mid-weight segment (10–20 tonnes), hindering fleet diversification and slowing electrification.With only 15 zero-emission models available - 70% fewer than in Europe - and most internal combustion engine (ICE) vehicles being second-hand imports, "the region needs to expand its EV model availability, attract OEMs, and tailor deployment strategies to accelerate sustainable road freight transformation."The report said ambitious commitments made by countries such as the UAE, Saudi Arabia, Qatar and other GCC countries include nationwide electrification targets to public-private partnerships for clean transport.With GCC countries committing to net-zero targets, decarbonising heavy transport – one of the most emissions-intensive sectors – is essential, it said, adding without intervention, logistics emissions risk offsetting pervades into other areas.The shift to battery-electric and hydrogen fuel cell trucks offers a chance to rethink mobility and reshape the region’s energy model, according to the report ‘Driving change – the future of sustainable heavy-duty trucks in the Middle East’.For economies built on hydrocarbons, road freight is both a challenge and an opportunity – a bridge between legacy systems and the cleaner, technology-led future outlined in Saudi Vision 2030, the UAE Net Zero by 2050, Qatar National Vision 2030 and vision programs of other GCC countries, it said.Scaling zero-emission trucks can cut emissions while driving industrial innovation and diversification, it added.“With smarter policy, investment and the right incentives, zero-emission trucks can soon outpace their combustion-engine counterparts not just environmentally but commercially. The GCC has everything it needs to lead this transition, including a fast-growing clean energy base, a strong logistics backbone, and the ambition to drive change," said Heiko Seitz, Global Transport and Logistics Leader, PwC Middle East.Calling for a confident and future-focused coordinated action plan; it said this is not only about reducing emissions, but on building a road freight system that is more efficient, more resilient, and ready for the next generation of growth.Clear regulations and subsidies can spark early demand, strong grid and charging networks will enable operations, cost optimisation through renewable integration will make fleets viable and localised solutions will ensure technology works in the Gulf region’s unique climate and logistics environment.

Malaysian Prime Minister Anwar Ibrahim is meeting different local and international companies that participated in the recently held Malaysia International Halal Showcase 2025 in Kuala Lumpur.
Business

Qatar among Malaysia’s key partners for Middle East halal trade expansion

The participation of Qatar and several of its Gulf Co-operation Council (GCC) neighbours in the recently-concluded Malaysia International Halal Showcase (MIHAS) 2025 in Kuala Lumpur can be positioned as part of the Southeast Asian nation’s broader GCC engagement strategy, a senior official of the Malaysia External Trade Development Corporation (MATRADE) has said.Frame Malaysia’s halal diplomacy as a strategic move to deepen ties with Middle Eastern economies, using MIHAS 2025 as a launchpad. Highlight how Malaysia is not only exporting products but also exporting its halal governance model, offering technical expertise, certification frameworks, and collaborative platforms. Qatar’s participation can be positioned as part of a broader GCC engagement strategy.“The Middle East is undeniably a key priority for us, especially given the current geopolitical landscape and ongoing trade tensions. To address these challenges, we recognise the urgent need to diversify our export markets.“While we continue to engage with traditional partners in developed regions like Europe, we are also directing our focus towards emerging and rapidly growing markets, including the US. Notably, we have seen significant participation from various Middle Eastern nations,” MATRADE deputy CEO Abu Bakar Yusof told a press conference held on the sidelines of MIHAS 2025, which was formally opened by Malaysian Prime Minister Anwar Ibrahim.Aside from Qatar, other participating GCC countries include the UAE, Kuwait, and Saudi Arabia, noted Yusof, underscoring Malaysia’s keenness to deepen economic ties with Gulf nations through halal industry engagement.In January this year, Yusof stated that Malaysia has “successfully finalised” its Comprehensive Economic Partnership Agreement (CEPA) with the UAE, which he described as “an important mechanism for balancing our trade.”“Our collaboration is reciprocal, fostering two-way economic and trade relations between our countries. Additionally, we have been actively engaging with Kuwait, Qatar, and Saudi Arabia,” he pointed out.He added: “As we move forward, we are strengthening our partnerships with these nations. In May of this year, under our Prime Minister’s leadership, Asean initiated an economic framework with the GCC countries.“Next steps include conducting a feasibility study aimed at further liberalising trade between Asean and the GCC. This initiative represents a promising avenue to enhance economic exchanges between our regions.”Dr Sirajuddin Sujaimee, director general of JAKIM (Department of Islamic Development Malaysia), emphasised that Malaysia’s halal standards “are largely recognised as global benchmarks and are being adopted by many countries, including those in the GCC.”“Most of the international standards are derived from Malaysian standards. Thus, to date, almost all of our global standards are primarily based on Malaysian standards,” he pointed out.Earlier, participating companies from Qatar lauded MIHAS as a platform to enrich the Qatari market with a wide range of halal-certified products, especially amongst Fast-moving consumer goods (FMCGs).Companies such as Lari Group, Al Majid Jawad, and Qatar National Import & Export (QNIE) participated in the ‘Premium Buyers’ segment of the International Sourcing Programme (INSP), one of the key components of the four-day MIHAS 2025.Lari Group chairman Abdulrazaq Lari expressed full confidence in Malaysian halal standards, adding that Lari Group actively shares feedback with Malaysian suppliers to meet Qatari consumer preferences.Reji Sam, Group Brand manager of Al Majid Jawad, emphasised Malaysia’s reputation for stringent and consistent halal certification, contrasting it with the fluctuating standards in other countries. He added that MIHAS serves as a gateway to discovering new, unique F&B products that can meet rising demands.QNIE category supervisor Waqqas Jaffar lauded the organisation and energy of MIHAS 2025, noting the enthusiasm of Malaysian companies eager to export to Qatar. With a limited number of halal brands currently available, Jaffar views MIHAS as a strategic platform for exploring new offerings, especially in health-conscious categories.

Gulf Times
Region

GCC Secretary-General, Moroccan Foreign Minister discuss strategic partnership and ways to enhance it

Secretary General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi met with Minister of Foreign Affairs, African Cooperation and Moroccans Residing Abroad in Morocco Nasser Bourita on the sidelines of the meetings of the 80th session of the United Nations General Assembly in New York. During the meeting, several topics were discussed, most notably the strategic partnership between the two sides and ways to enhance it. They also reviewed the latest preparations for the Gulf-Morocco Investment Forum, scheduled for early November. This forum comes within the framework of the GCC and the Kingdom of Morocco's commitment to strengthening investment and trade relations between them. GCC Secretary General also highlighted the importance the GCC attaches to its strategic partnership with the Kingdom of Morocco, and its firm positions and decisions in support of the Moroccan Sahara and the preservation of the security, stability and territorial integrity of the Kingdom of Morocco. He also praised Security Council Resolution 2756, issued on October 31, 2024, regarding the Moroccan Sahara.

Gulf Times
Region

GCC Secretary-General says brutal Israeli attack on Qatar violates international law

Secretary-General of the Gulf Cooperation Council (GCC) Jasim Mohamed Albudaiwi said that the recent Israeli attack on the State of Qatar constitutes a blatant violation of international law, the United Nations Charter, and Qatar's sovereignty and territorial integrity. He added that Israel targeted residential facilities housing members of the negotiating delegation from the Hamas Political Bureau during ongoing talks and mediation efforts hosted by Doha to reach an agreement on Gaza. Albudaiwi made these remarks during his speech at the joint strategic partnership meeting between the GCC and the United States, held on the sidelines of the 80th session of the United Nations General Assembly in New York. The meeting was co-chaired by Kuwait's Foreign Minister Abdullah Ali Al Yahya, and current GCC chair, and U.S. Secretary of State Marco Rubio. He highlighted that the Israeli attack endangered civilian lives in a residential area filled with schools, diplomatic missions, and kindergartens. He reaffirmed the GCC's full solidarity with Qatar, stressing that the security of the GCC states is indivisible and that any attack on one member is considered an attack on all. Regarding the humanitarian catastrophe in Gaza, the Secretary-General said that the ongoing Israeli aggression, the crime of genocide being committed by Israeli forces, and the deliberate blockade that has caused famine pose serious threats to regional and international peace and security. He emphasized the urgent need for a comprehensive ceasefire, the release of hostages and detainees, the unhindered delivery of humanitarian aid, and a just, comprehensive settlement leading to the establishment of an independent Palestinian state along the 1967 borders with East Jerusalem as its capital, in line with the Arab Peace Initiative and relevant UN resolutions. On Syria, Albudaiwi underscored the importance of respecting Syrian sovereignty, independence, and territorial integrity and rejecting foreign interference in its internal affairs. He reaffirmed that Syria's security and stability are essential to regional stability, condemned repeated Israeli attacks on Syrian territory, and stressed adherence to the 1974 Disengagement Agreement. Turning to Lebanon, he reiterated the GCC's steadfast support for Lebanon's sovereignty, security, and stability and highlighted the need for political and economic reforms to meet the aspirations of the Lebanese people for stability, prosperity, and development. He also emphasized the importance of safeguarding maritime security and waterways in the region, countering activities that threaten regional and global stability, including attacks on commercial vessels, threats to shipping routes, and targeting of oil installations in GCC states. During the joint ministerial meeting, Albudaiwi affirmed that the GCC-US partnership is a strategic necessity to ensure security, stability, and prosperity for all. He noted that the meeting reflects a strong commitment to strengthening this longstanding partnership, which has evolved over decades of close cooperation. He added that this partnership has been reinforced through five joint summits, most recently the Riyadh Summit in 2025, which witnessed the signing of trade and investment agreements exceeding $2 trillion. On the economic front, Albudaiwi reported that bilateral trade between the GCC and the United States surpassed $120 billion in 2024, supported by significant Gulf investments in the US economy. He also pointed to the depth of educational and cultural ties, noting that tens of thousands of Gulf students currently study at US universities and that hundreds of thousands have graduated from American institutions over the past six decades. He expressed hope that Gulf students will continue to study in the United States without facing any consular or procedural obstacles.

Gulf Times
Region

GCC Secretary General, Spanish Foreign Minister discuss strategic relations

Secretary General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi discusses with Minister of Foreign Affairs of Spain Jose Manuel Albares the strategic relations between the GCC countries and Spain and ways to cement and develop them in various fields.The meeting took place Tuesday on the sidelines of the meetings of the 80th session of the United Nations General Assembly in New York.While discussing and reviewing the latest developments regionally and internationally, GCC Secretary General praised Spain's great humanitarian position on the Palestinian issue as well as the crisis in Gaza, stressing that this approach reflects the values of solidarity and justice, and contributes to supporting international efforts aimed at ending the human suffering of the Palestinian people and achieving security and stability in the region.

Gulf Times
Qatar

Qatar participates in GCC-France Joint Ministerial Meeting

The State of Qatar participated in the joint ministerial meeting between the foreign ministers of the Gulf Cooperation Council (GCC) countries and the French Republic, held on the sidelines of the 80th session of the United Nations General Assembly in New York. The delegation of the State of Qatar to the meeting was headed by His Excellency Minister of State for Foreign Affairs Sultan bin Saad Al Muraikhi.

Gulf Times
Region

GCC Secretary General, Pakistan's Deputy Prime Minister and Foreign Minister discuss bilateral relations

Secretary-General of the Gulf Cooperation Council (GCC), Jasem Mohamed Albudaiwi, discussed bilateral relations with Deputy Prime Minister and Minister of Foreign Affairs of the Islamic Republic of Pakistan Muhammad Ishaq Dar on the sidelines of the 80th session of the United Nations General Assembly in the United States. The meeting addressed several topics, most notably a review of Gulf-Pakistan relations and ways to develop and strengthen them to serve their common interests, in line with the Joint Action Plan 2022-2026. The two sides also discussed developments regarding the Free Trade Agreement (FTA), which was signed on Sep. 28, 2023. Furthermore, they exchanged views on the latest developments and issues in the region, particularly the serious violations committed by Israeli occupation forces against the Palestinian people in Gaza and the rest of the occupied Palestinian territories, and their repercussions on security and stability in the Middle East.

Gulf Times
Region

GCC Secretary-General, Lebanese Foreign Minister discuss regional developments

Secretary-General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi met with Lebanese Foreign Minister Youssef Rajji on the sidelines of the 80th session of the United Nations General Assembly. The two sides reviewed ways to strengthen the strategic partnership and enhance relations between the GCC and Lebanon across various fields serve common interests.Talks also addressed recent positive developments in Lebanon aimed at achieving greater prosperity and security for its people, as well as the latest regional and international developments.The GCC Secretary-General reaffirmed the GCC's firm positions on Lebanon, including its continued support for the country's sovereignty, security, and stability, and its backing for the reform process and state-building efforts.Albudaiwi further underscored the importance of implementing UN Security Council resolutions on Lebanon, particularly Resolution 1701, as well as the Taif Agreement. He stressed that these steps are essential to restoring lasting security and stability, safeguarding Lebanon's territorial integrity and political independence, and ensuring the extension of state authority over all Lebanese territories.

Gulf Times
Business

Assets of GCC Commercial Banks Reach USD 3.5 Trillion in 2024

The GCC Statistical Center revealed in a report on Monday that the total assets of commercial banks in the Gulf Cooperation Council (GCC) countries increased by 10 percent in 2024, reaching approximately USD 3.5 trillion, compared to 2023.The report mentioned that the total deposits in these banks amounted to about USD 2.1 trillion in 2024, showing a 9.6 percent increase compared to 2023.The report also highlighted the rise in total loans provided by the banks, reaching nearly USD 2.1 trillion in 2024, an increase of 9.9 percent over 2023, with the private sector accounting for about 80.7 percent of the total loans.The statistics from the GCC Statistical Center showed a decline in the non-performing loan ratios across the GCC countries during the period from 2020 to 2024, with a noticeable variation in the loan-to-deposit ratios, ranging between 66 percent and 125 percent.Regarding capital adequacy, the GCC countries maintained high levels, surpassing the minimum threshold set by the Basel III Committee of 8 percent, with ratios ranging between 17.8 percent and 32 percent in 2024.On the financial performance front, commercial banks in the GCC countries witnessed significant growth in their net profits over the past four years, surpassing pre-COVID-19 levels.