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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IMF lowers Oman’s GDP growth forecast to 2.3% for 2025

IMF lowers Oman’s GDP growth forecast to 2.3% for 2025

Apr 29, 2025

Across the GCC, the IMF downgraded Saudi Arabia’s 2025 GDP growth forecast by 160 basis points to 3.0%, and by 70 basis points for 2026 to 3.7%. Kuwait’s 2025 forecast was reduced by 140 basis points to 1.9%

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Mohammed bin Rashid issues law on government land plots allocation to public entities in Dubai

Mohammed bin Rashid issues law on government land plots allocation to public entities in Dubai

Apr 29, 2025

The law aims to align land allocation with the Dubai 2040 Urban Master Plan

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Kuwait crude oil gain 35 cents Tues. to $69.03 pb - KPC

Kuwait crude oil gain 35 cents Tues. to $69.03 pb - KPC

Apr 28, 2025

Brent futures dropped 21 cents to USD 64.67 pb and West Texas Intermediate declined 20 cents to USD 61.33 pb

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UAE foreign trade reaches $1.4trln in 2024, up from $949bln in 2021

UAE foreign trade reaches $1.4trln in 2024, up from $949bln in 2021

Apr 28, 2025

This robust growth reflects the UAE’s strategic economic vision

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Saudi Arabia reports record non-oil exports of $137bln in 2024

Saudi Arabia reports record non-oil exports of $137bln in 2024

Apr 28, 2025

The world's leading oil exporter is investing billions of dollars to achieve its Vision 2030 plan

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Oman projects 3.4% economic growth for 2025

Oman projects 3.4% economic growth for 2025

Apr 28, 2025

FDI inflows grew by 16.2% in Q3 2024 compared to the same period in 2023

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Kuwait crude oil gain 11 cents Wed. to $69.14 pb - KPC

Kuwait crude oil gain 11 cents Wed. to $69.14 pb - KPC

Apr 24, 2025

Brent futures rose USD 1.18 to USD 65.85 pb and West Texas Intermediate (WTI) was USD 1.14 higher to USD 62.47 pb

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UAE: Abdullah bin Zayed chairs first meeting of G20 Steering Committee

UAE: Abdullah bin Zayed chairs first meeting of G20 Steering Committee

Apr 24, 2025

Ministers and Officials highlighted the developments of the UAE’s participation as a Guest Country in the G20 process

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S&P downgrades Bahrain's outlook to 'negative' on weak financing conditions

S&P downgrades Bahrain's outlook to 'negative' on weak financing conditions

Apr 24, 2025

Lower oil prices, maintenance at the Abu Sa'fah oil field, market volatility affecting funding costs, and higher social spending are expected to keep fiscal deficits elevated

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