UAE deploys $272mln fund to bolster critical industries Etihad Rail, AD Ports launch direct Fujairah-Abu Dhabi freight service Sharjah-Oman logistics corridor cargo value jumps 66% to $463mln Saudi Arabia seeks greater private-sector role in industrial growth Oman Islamic banking assets top over $24bln Salama, Ajman Bank establish strategic partnership CBUAE, Mastercard conclude programme to strengthen national capabilities in fraud risk management Qatar Chamber enhances trade relations with Malaysia's Malacca State Saudi business confidence climbs to 56.7 points on industry, services gains Qassim Cement to acquire 100% of A-Mix for $17.3mln Oman, US discuss financial crime cooperation Saudi's HADAF invests $522mln through 26 strategic partnerships to train, employ 16,000 citizens Qatar, North Macedonia sign agreement to strengthen cooperation in labour sector Sharjah draws investment projects worth $2.1bln in 2025 Saudi Arabia records $1.54bln in POS transactions in one week UAE non-oil growth hits fastest pace since December 2024, PMI shows Oman’s non-oil exports rise 11.4% to $9.3bln, re-exports jump 20% UAE participates in second G20 Finance Ministers and Central Bank Governors meeting Saudi Arabia and Syria sign 4 pacts to boost cooperation in transport and logistics sectors Geological assets drive mining, manufacturing growth in Fujairah RAK Chamber explores trade, investment opportunities at UAE-Lebanon Business Forum Saudi Arabia agrees to raise Pakistani agricultural and food exports to $3bln UAE investment council launches data tools to boost overseas investment Oman's public revenue rises 13% to $17.2bln in first half of 2026 Saudi Arabia’s construction costs rise 2.3% in July 2026 ADIB provides $37mln Islamic financing for Glasgow logistics hub Oman’s tea and coffee imports hit record highs Total value of Bahraini exports hit $5.04bln Oman: ARA eyes Q3 2027 gas pipeline launch Oman: Sohar International establishes innovation hub at Terminal 11 to support fintech growth

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DMCC signs deal with aqua-index to support first water-backed digital token

DMCC signs deal with aqua-index to support first water-backed digital token

Jun 18, 2025

This landmark collaboration supports AQUA-INDEX’s initiative to launch the world’s first digital asset token backed directly by freshwater resources, revolutionising how water is traded, valued, and managed globally

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Qatar attracts over $2.7bln foreign direct investment in 2024

Qatar attracts over $2.7bln foreign direct investment in 2024

Jun 17, 2025

According the report, 241 projects were created, representing a 110% YoY increase investments. Consequently, that created more than 9,000 jobs, a 123% YoY increase

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Omani firm eyes drone-based cargo deliveries before year-end

Omani firm eyes drone-based cargo deliveries before year-end

Jun 11, 2025

The initiative centers on deploying a fleet of heavy-duty drones capable of handling cargo ranging from as little as 500 grams up to 700 kilograms: official

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Saudi banks’ assets surged to $1.4trln in April 2025

Saudi banks’ assets surged to $1.4trln in April 2025

Jun 10, 2025

Growth driven by rising claims on the private, government sectors – central bank data

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Dubai's RTA launches traffic enhancement works in 40 locations

Dubai's RTA launches traffic enhancement works in 40 locations

Jun 10, 2025

The works will cover 22 major streets, nine school zones, more than five development areas, and several internal roads in Tolerance District, Al Khawaneej 2, and Nad Al Sheba

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Emirates NBD, Siemens to boost financing for large-scale green infrastructure projects

Emirates NBD, Siemens to boost financing for large-scale green infrastructure projects

Jun 10, 2025

These resources will support green infrastructure projects from installation through their entire lifecycle, including decarbonisation efforts

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Qatar's knowledge transformation, shaping a diversified, sustainable economic model

Qatar's knowledge transformation, shaping a diversified, sustainable economic model

May 29, 2025

He noted that sectors such as manufacturing, services, and agriculture have shown measurable improvements thanks to AI assessments

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KPC: Kuwait oil price up 24 cents to $64.26 pb

KPC: Kuwait oil price up 24 cents to $64.26 pb

May 29, 2025

The prices of the Brent crude and West Texas Intermediate globally went down with the former decreasing by 65 cents to USD 64.09 per barrel, the latter declined by 64 cents to reach USD 60.89 pb

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Riyadh hails oil discovery as step for energy coop. with Kuwait

Riyadh hails oil discovery as step for energy coop. with Kuwait

May 29, 2025

API gravity is a scale that defines the gravity or density of liquid petroleum products

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