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

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Trump's visit reinforces pivotal Saudi role as hub of regional decision-making and key player in global stability

Trump's visit reinforces pivotal Saudi role as hub of regional decision-making and key player in global stability

May 15, 2025

Trump will meet Saudi Crown Prince and Prime Minister Mohammed bin Salman on the first day of his visit

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Kuwait aims to bolster global rapport for economic stability - diplomat

Kuwait aims to bolster global rapport for economic stability - diplomat

May 15, 2025

Against the backdrop of the 30th anniversary of Kuwait's entry into the WTO, he said that his country's political leaders are eager to back the global organization given its crucial role towards a more "stable" grade system, added the diplomat

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Dubai Chamber of Digital Economy supports establishment, expansion of 127 digital startups in Dubai

Dubai Chamber of Digital Economy supports establishment, expansion of 127 digital startups in Dubai

May 14, 2025

This represents a 135% increase compared to the same period last year

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Al-Khateeb: Tourism will become Saudi Arabia's "new oil" within a few years

Al-Khateeb: Tourism will become Saudi Arabia's "new oil" within a few years

May 14, 2025

Al-Khateeb said that the percentage of tourism sector's contribution to GDP has now risen to five percent from three percent in 2019

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Bahrain reports non-oil exports of $2.69bln in Q1

Bahrain reports non-oil exports of $2.69bln in Q1

May 14, 2025

On the other hand, the value of non-oil of exports (National Origin) decreased by 0.1% to BD1,017 million ($2698.38 million) in Q1 2025, compared with BD1,018 million for same quarter in 2024

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Kuwait: KOC affirms keenness on partaking in conventions for enriching expertise

Kuwait: KOC affirms keenness on partaking in conventions for enriching expertise

May 14, 2025

Participation in such conventions is necessary for studying other companies and institutions' experience and swapping ideas

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UAE: SCC calls for flexible, comprehensive economic vision

UAE: SCC calls for flexible, comprehensive economic vision

May 13, 2025

They emphasised the need for ongoing efforts to create a better environment for business that supports both growth and sustainability

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Oman’s biggest polymer project set for Q1 2026 launch

Oman’s biggest polymer project set for Q1 2026 launch

May 13, 2025

Chemical EOR operations are an integral part of PDO’s strategy to maximise output from its mature oil fields

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KPC: Kuwait oil price up $2.14 to $62.08 pb

KPC: Kuwait oil price up $2.14 to $62.08 pb

May 13, 2025

At the global market, the prices of the Brent crude and the West Texas Intermediate went up by USD 1.92 and USD 1.96 respectively to settle each at USD 62.15 per barrel and USD 59.09 pb

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