Latest news with #GCCCountries
Al Etihad
20-07-2025
- Health
- Al Etihad
262.7 million tons of waste collected, 192.0 million tons treated across GCC countries: GCC-Stat
20 July 2025 10:48 MUSCAT (WAM)A total of 262.7 million tons of waste was collected in the GCC countries by the end of 2023, marking an increase of 153.7% compared to the figures recorded in 2019, according to the latest data released by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat).The per capita share of household waste in the GCC countries decreased by 17.4%, reaching 1.4 kilograms per person per volume of total waste treated reached 192.0 million tons, reflecting a 128.5% indicate that 99.2% of the collected waste in the GCC countries was non-hazardous, while 95.8% of the hazardous waste was exported from the GCC to other countries for treatment. The treatment methods primarily involved recycling or recovering metals and metallic compounds from the GCC countries succeeded in achieving Sustainable Development Goal 12, related to the recycling and reuse of hazardous waste, reaching a rate of 30% in 2023. The cumulative number of national reports submitted by the GCC Countries under the Basel Convention on the Control of Hazardous Wastes reached 87 national amount of hazardous waste collected from the healthcare sector in the GCC after the COVID-19 pandemic decreased by 11.4% in 2023 compared to countries have also made significant strides in developing their medical waste treatment infrastructure. In 2023, the total number of incineration facilities for medical waste reached 23 sites, marking an increase of 27.8% compared to the figures recorded in the design capacity of medical waste incineration sites increased by 123.9% during the same period, reaching 207.5 thousand metric amount of hazardous waste collected from the industrial sector increased by 23.8% in 2023 compared to the figures logged in 2022, following the COVID-19 for municipal waste, the amount of household waste collected in the GCC has decreased over the past three years after peaking in 2020 at 35.5 million tons. By the end of 2023, the collected household waste amounted to approximately 30.8 million amount of agricultural waste collected in the GCC Countries increased by 44% in 2023, reaching 2.5 million tons, compared to 2.0 million tons in 2022 and 1.7 million tons in amount of municipal waste collected from other economic activities in the GCC Countries also increased from 11.9 million tons in 2019 to 14.3 million tons in 2023. The Waste Management Market Analysis Study in the GCC Countries (2019–2023), published by Mordor Intelligence, estimates the waste management market size in the GCC to be approximately $68.3 billion in 2025. It is projected to reach $97.4 billion by 2030, with a compound annual growth rate (CAGR) of 7.4% during the period 2025 to 2030.
Free Malaysia Today
26-05-2025
- Business
- Free Malaysia Today
Malaysia, Gulf Cooperation Council sign MoU to begin FTA talks
The Asean-Gulf Cooperation Council ministerial meeting held at the Kuala Lumpur Convention Centre on Sunday. (Bernama pic) KUALA LUMPUR : Malaysia and the Gulf Cooperation Council (GCC) have signed a memorandum of understanding to kick off formal negotiations for a free trade agreement. Investment, trade and industry minister Tengku Zafrul Aziz said this marks the first time that Malaysia is engaging with the GCC as a single economic bloc. 'We see this as a positive development. Previously, we signed and finalised a Comprehensive Economic Partnership Agreement with the UAE. This time, we are engaging all six countries within the GCC. 'God willing, this FTA will help our companies gain better access to the GCC market,' he told reporters on the sidelines of the 46th Asean Summit and related summits here today. Without providing further details, Tengku Zafrul said the negotiations will cover several key sectors, including electrical and electronics (E&E), semiconductors, halal products, palm oil, and chemicals. He also said the outlook was promising, given that bilateral trade between Malaysia and the GCC currently stands at US$22 billion (RM103.4 billion). The GCC consists of Saudi Arabia, the UAE, Qatar, Kuwait, Bahrain and Oman – a bloc known for its massive energy reserves, robust investment power, and growing appetite for advanced technology partnerships. Tengku Zafrul was previously reported as saying that both sides were aiming to conclude the FTA within a year, drawing motivation from Malaysia's swift completion of the Comprehensive Economic Partnership Agreement with the UAE in just 10 months.
