Kuwait air traffic returns to normal, flights resume QatarEnergy announces new oil discovery offshore Namibia UAE developer Alef launches $1.1bln mixed-use development in Sharjah ADNOC eyeing Canada upstream and LNG opportunities via XRG arm, executive says Dubai real estate deals in April surge to $18.7bln Saudi's SAMA mandates advance notification of investment rounds by financing companies Qatar maritime trade activity accelerates in May Oil steadies as uncertainty over US-Iran talks keeps markets on edge Qatar: Relatively hot daytime conditions expected, moderate night Dubai Centre for Family Businesses explores ways to strengthen business adaptability Saudi Crown Prince, UAE President discuss regional security and cooperation UAE President and Qatar’s Emir discuss fraternal ties and regional developments in phone call Flydubai operates 3,800 flights in March, posts high net promoter score Oman Investment Bank names new CEO Saudi sovereign investor PIF mandates 3yr, 7yr, 30yr USD issuance Abu Dhabi's TA’ZIZ Methanol JV secures $2bn financing for methanol plant Emirates airline posts record net profit despite war impact Qatar unveils support package to steady markets, boost investor confidence Saudi Vision 2030 milestones forge a stronger, diversified, and resilient economy Abu Dhabi non-oil trade jumps 36% to $113bln in 2025; exports rise 63% Qatar's GTA extends 2025 tax return submission deadline until June 30 Qatar targets strategic FDI as global competition intensifies New pharma plant opens in Nizwa, boosting Oman’s drug security Jeddah Tower hits new construction milestone; tops 100 floors Qatar’s banking assets touch $596bln in February: QNBFS Dubai Holding Real Estate, ENBD partner to offer financing for key projects Ajman DED issues 1,617 new licences, renews 8,777 in Q1 Saudi: SFDA begins classifying fines according to size of establishment in bid to support MSMEs Burjeel Holdings strengthens growth outlook Saudi Arabia raises its oil price for Asia

Log in

عربي

Media Centre

Home » Media Centre

Media Centre

Saudi Arabia ready for multiple oil price scenarios, economy minister says

Saudi Arabia ready for multiple oil price scenarios, economy minister says

May 21, 2025

The International Monetary Fund and economists estimate Riyadh needs oil prices of over $90 a barrel to balance its budget

Read More...
Qatar Financial Information Unit and Libyan counterpart sign deal to boost cooperation

Qatar Financial Information Unit and Libyan counterpart sign deal to boost cooperation

May 21, 2025

The MoU underscores both parties’ shared commitment to international standards, particularly the recommendations of the Financial Action Task Force

Read More...
Kuwait crude oil gain $1.97 Wed. to v64.05 pb - KPC

Kuwait crude oil gain $1.97 Wed. to v64.05 pb - KPC

May 20, 2025

Brent futures dropped USD 1.03 to USD 61.12 pb and West Texas Intermediate lost USD 1.02 to USD 58.07 pb

Read More...
Saudi Arabia and Turkey to enhance bilateral cooperation

Saudi Arabia and Turkey to enhance bilateral cooperation

May 20, 2025

They also discussed major developments in the region

Read More...
Bahrain’s economy ‘witnesses solid growth in fourth quarter’

Bahrain’s economy ‘witnesses solid growth in fourth quarter’

May 20, 2025

Bahrain’s real Gross Domestic Product expanded by 3.4% year-on-year in Q4 2024

Read More...
Non-oil sources will generate 50% of Saudi Arabia's future revenues: Trump

Non-oil sources will generate 50% of Saudi Arabia's future revenues: Trump

May 19, 2025

Non-oil activities in Saudi Arabia have contributed 51% of real GDP in 2024: report

Read More...
Qatar records over $2.7bln in FDI in 2024

Qatar records over $2.7bln in FDI in 2024

May 19, 2025

The year also saw a rise in Qatar’s international competitiveness, with the country climbing to 11th in the IMD World Competitiveness Index 2024

Read More...
Dubai Finance, DIFC sign strategic partnership to support Dubai Cashless Strategy

Dubai Finance, DIFC sign strategic partnership to support Dubai Cashless Strategy

May 19, 2025

DIFC’s standing as the leading regional financial innovation ecosystem, which is home to the largest concentration of fintech companies and global financial institutions, positions it as a key partner in this initiative

Read More...
Kuwait crude oil gain 84 cents Wed. to $6.53 pb - KPC

Kuwait crude oil gain 84 cents Wed. to $6.53 pb - KPC

May 19, 2025

Brent futures dropped 54 cents to USD 66.09 pb and West Texas Intermediate lost 52 cents to USD 63.15 pb

Read More...