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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Saudi Arabia, US deepen trade and investment ties with $54bln in FDI in 2023

Saudi Arabia, US deepen trade and investment ties with $54bln in FDI in 2023

May 13, 2025

In 2024, trade between the two nations reached $32.5 billion, with Saudi Arabia exporting $12.8 billion in goods to the U.S.

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Saudi Arabia’s industrial production rises 2% in March

Saudi Arabia’s industrial production rises 2% in March

May 12, 2025

The growth was primarily driven by a 5.1% year-on-year rise in manufacturing activities

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Potential for significant growth in Qatar’s real estate sector

Potential for significant growth in Qatar’s real estate sector

May 12, 2025

In March, the Cabinet approved a draft decision by the Ministry of Justice to organize the initial real estate registry

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Kuwait crude oil down $1.48 to $62.57 pb - KPC

Kuwait crude oil down $1.48 to $62.57 pb - KPC

May 12, 2025

Brent futures rose by USD 1.72 to USD 62.84 pb and West Texas Intermediate went up by USD 1.84 to USD 59.91 pb

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UAE: Ministry of Economy introduces geographical indications for national products

UAE: Ministry of Economy introduces geographical indications for national products

May 12, 2025

The initiative aims to enhance the intellectual property (IP) protection framework for products with national identity and unlock new opportunities for UAE’s industries in global markets

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Saudi trade surplus hits $8bln in February 2025

Saudi trade surplus hits $8bln in February 2025

May 08, 2025

The total volume of international trade in February 2025 amounted to approximately SR156.9 billion

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Qatar, Philippines hold round of political consultations

Qatar, Philippines hold round of political consultations

May 08, 2025

During the consultations, the two sides discussed relations between the two countries

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UAE: Federal Tax Authority to waive penalty for late corporate tax registration

UAE: Federal Tax Authority to waive penalty for late corporate tax registration

May 08, 2025

Aligned to the Cabinet Decision, FTA’s core strategy has been structured around expediting tax procedures for all business sectors

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Kuwaiti Cabinet urges facilitating work at (T2) project at Kuwait International Airport

Kuwaiti Cabinet urges facilitating work at (T2) project at Kuwait International Airport

May 08, 2025

The Cabinet also endorsed a bill on a memorandum of understanding in social and developmental affairs between Kuwait and Saudi Arabia

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