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The Latest Breaking News from GCC

UK announces trade deal with six Gulf states worth £3.7bn a year

The UK has become the first G7 country to strike a free trade deal with the bloc of six Gulf states

The Independent UK

UK strikes £3.7bn trade deal with six Gulf states

Keir Starmer describes the agreement, worth double original estimates, as a ‘huge win’ for British businesses

The Guardian - UK

GCCs in India: The story so far

India's global capability center landscape is booming, serving as a catalyst for technological and service-driven growth. While discussions on quantifying its impact persist, it’s notable that multinational exports are anticipated to hit $164 billion by 2025-26. The workforce has expanded to a remarkable 4.2 million, with AI set to revolutionise…

The Economic Times

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Flex office: As GCCs boom, Table Space is betting big on managed workspaces

As India’s GCC ecosystem expands rapidly, enterprise managed workspace providers are emerging as critical enablers of global firms entering and scaling in the country.

The Economic Times

High gas prices are just the beginning: How the Iran war is changing the global energy map

The largest global energy-supply shock in history is causing chaos around the world. Here are the winners and losers.

Fortune

UK business news today: What went wrong with HS2

The latest from the world of business, and a look ahead to next week

Evening Standard

Smaller teams, fewer replacements guiding GCC 2.0 ops playbook

Global Capability Centres in India are starting smaller and using AI to boost output. Companies are no longer replacing every departing employee. This shift prioritizes high-skill talent over large teams. Business growth is expected to outpace headcount growth. Hiring demand is rising for AI, data, cloud, and cybersecurity skills. This…

The Economic Times

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AI stars are minting 60% fatter paycheques

AI-skilled professionals are commanding significant pay premiums, earning up to 60% more than their peers in other tech fields. This widening salary gap is expected to persist and grow over the next two to three years as companies increasingly adopt AI-influenced pay frameworks and automation impacts entry-level roles.

The Economic Times

Gulf state cooperation has long been shaped by the threat of Iran − but shows of unity belie division

Arab Gulf countries, battered economically and physically by the war with Iran, were keen to put on a united front at a key regional meeting on April 28, 2026.

The Conversation

The UAE’s OPEC exit signals strategic shift as Gulf unity faces new test over oil policy

The UAE's exit from OPEC signals a strategic shift, raising questions about Gulf coordination and the organisation's future.

Euronews

The week that was in international affairs: UAE to exit Opec; Ukraine makes Russia jittery

UAE exits Opec, impacting global oil dynamics amid regional tensions. Ukraine escalates attacks on Russia, forcing Moscow to scale back Victory Day parades. King Charles' US trip strengthens UK-US ties. Syria begins its first transitional justice trial. China pressures African nations, forcing Taiwan's President to cancel a trip.

The Times of India

UAE’s departure from Opec tells a story about the limited future of oil production

The decision by the United Arab Emirates to leave the oil producers’ cartel Opec after 59 years is more than a symbolic break. It highlights a growing divide among major oil producers over how to respond to a changing energy landscape, and will weaken the group’s ability to manage global…

The Conversation

Gulf unity on display in Jeddah, but absences and signals reveal limits to coordination

Gulf leaders met in Saudi Arabia to address the fallout from the Iran war, projecting unity but stopping short of concrete steps as divisions and uncertainty persist.

Euronews

How the UAE’s decision to leave Opec could recast the Middle East

Defection is damaging to Saudi Arabia’s prestige – and could strengthen the US hand in the region

The Guardian - UK

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Euronews

Qatar warns Iran it will not be used as 'political punching bag'

Qatar warned Iran on Tuesday it will not be used as a “political punching bag,” calling for a "comprehensive deal" that would secure the Gulf. In response to Euronews, Qatar's foreign ministry spokesman said "we applaud our partners in Europe for taking the lead" in the Strait of Hormuz crisis.

Fortune

$75 billion investment chief: Now is exactly the right time to double down in the Gulf

Conflict has global investors retreating from the Middle East but confusing volatility with vulnerability is the most expensive mistake right now.

Euronews

Iran to blame for closing Strait of Hormuz, says Gulf leader

The Gulf Chief Jasem Mohamed AlBudaiwi told Euronews that Iran is responsible for weaponising the Strait to score a geopolitical win and should deal with the effects.

Euronews

Gulf chief calls for 'upgrade' in diplomatic relation with the EU in aftermath of Iran war

Secretary-General of the Gulf Cooperation Council calls to upgrade partnership with Gulf and the European Union in aftermath of Iran war in Euronews interview.

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The Guardian - UK

What Benjamin Netanyahu and the Israeli right really mean when they invoke ‘Greater Israel’

The concept is about much more than acquiring territory, it is also about Netanyahu’s desire for Israel to become a regional superpower, says Daniel Levy, president of the US/Middle East Project

Fortune

The petrodollar faces increased risk, but a petroyuan is ‘far-fetched’ as fears of U.S. losing superpower status are overhyped, strategist says

“Lastly, even Iran’s proposals for yuan- or crypto-denominated strait tolls are not meaningfully dollar-bearish; most stablecoins are effectively dollar-denominated instruments.”

Euronews

EU calls for Black Sea grain model to unblock Strait of Hormuz, EU envoy tells Euronews

Brussels has urged a Black Sea-style grain deal to unblock the Strait of Hormuz, while backing GCC self-defence and deepening security ties amid the Iran war.

The Guardian - UK

Gulf states’ scepticism over alleged US-Iran talks signals a distrust of Trump

Reluctance to cheerlead alleged US ceasefire efforts reflects suspicion talk of peace could be another foil for escalation

The Times of India

Over 50% of GCC’s population are expats, with Indians leading at 9.1 million and Bangladeshis at 5 million

A region long seen as a hub of opportunity is now navigating uncertainty as geopolitical tensions escalate. Nearly 62 million people living across the Gulf Cooperation Council (GCC) countries are caught in the broader impact of the ongoing US-Israel war on Iran, with foreign workers forming a significant part of…

International Business Times UK

Donald Trump's 'Holy War': 'Chinese Nostradamus' Claims US Leaders Believe Iran Conflict Is Armageddon

Beijing-based academic Jiang Xueqin, dubbed 'China's Nostradamus', claims Donald Trump's 'holy war' with Iran could unravel NATO, crush Europe and reorder global power within a decade. His stark eight-point forecast blends unverified reports from the US military with a bleak reading of religious politics in Washington and Tehran.

The Guardian - UK

‘Not our war’: Gulf states weigh up options as existential threat from Iran conflict grows

Arab states have so far only acted defensively, but there is growing fear war is entering new, more dangerous phase

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