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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Abu Dhabi's economic delegation to Japan explores new avenues to strengthen partnerships

Abu Dhabi's economic delegation to Japan explores new avenues to strengthen partnerships

May 07, 2025

The delegation is organised in partnership with the UAE Embassy in Tokyo, reflecting a unified national effort to deepen economic and investment ties between the two countries

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Saudi Arabia’s real estate market to grow despite affordability concerns: S&P

Saudi Arabia’s real estate market to grow despite affordability concerns: S&P

May 07, 2025

Interest rate cuts will boost mortgage growth in the Kingdom, says credit analyst Sapna Jagtiani

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Kuwait Chamber of Commerce eyes Austria investments amid talks

Kuwait Chamber of Commerce eyes Austria investments amid talks

May 07, 2025

Growing opportunities for investment in Austria, a KCCI statement underlined, citing Vienna as the "ideal destination" for investment.

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Qatar’s economic growth expected to 'broadly steady' this year; sharp pickup seen in 2026: NBK

Qatar’s economic growth expected to 'broadly steady' this year; sharp pickup seen in 2026: NBK

May 07, 2025

“Economic growth in Qatar is expected broadly steady in 2025 at 2.4% before accelerating sharply to 5.5% in 2026,” NBK noted

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Kuwait committed to advancing economic and industrial integration in GCC: minister

Kuwait committed to advancing economic and industrial integration in GCC: minister

May 06, 2025

The minister highlighted the importance of coordinating trade and industrial policies, standardizing regulations, and unifying Gulf positions to navigate the rapid global economic changes

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Saudi Arabia reports first-quarter deficit of $15.65bln

Saudi Arabia reports first-quarter deficit of $15.65bln

May 06, 2025

The world's top oil exporter and de-facto OPEC leader saw its total revenues drop 10% to 263.616 billion riyals in the first quarter

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Dubai retains top global position for attracting Greenfield FDI Projects

Dubai retains top global position for attracting Greenfield FDI Projects

May 06, 2025

Dubai retained its position as the top global destination for attracting Greenfield FDI projects in cultural and creative industries among 233 cities in the report

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Oman’s oil output to rise to 775K bpd

Oman’s oil output to rise to 775K bpd

May 06, 2025

The next Opec meeting is scheduled for June 1, 2025 to decide production targets for July 2025

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Saudi non-oil GDP grows at 4.2% in Q1

Saudi non-oil GDP grows at 4.2% in Q1

May 05, 2025

Consumer spending rose 17.3% y-o-y to SAR148 billion in March 2025

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