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 cuts Saudi 2025 growth forecast, flags slower oil rebound as a drag on region

IMF cuts Saudi 2025 growth forecast, flags slower oil rebound as a drag on region

Apr 24, 2025

Oil-dependent governments are coming under pressure from the lowest crude prices since the COVID-19 pandemic

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Kuwait: Finance ministry warns companies over delayed income tax payments

Kuwait: Finance ministry warns companies over delayed income tax payments

Apr 23, 2025

Citing Article Eight of the Income Tax Decree, the ministry reiterated that late payments are subject to a penalty of 1% for every 30 days—or part thereof–of delay

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Economic cooperation anchors Oman-Russia partnership

Economic cooperation anchors Oman-Russia partnership

Apr 23, 2025

The visit is particularly noteworthy as it represents the first time an Omani Sultan has officially visited the Russian Federation

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Saudi Crown Prince and Indian PM Modi hold wide ranging talks in Jeddah

Saudi Crown Prince and Indian PM Modi hold wide ranging talks in Jeddah

Apr 23, 2025

During the meeting, they reviewed aspects of bilateral relations between the two friendly countries as well as ways to enhance and develop them in various fields

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Qatar: QFZ and BIOCAD sign MoU to establish biotechnology and pharmaceuticals activities

Qatar: QFZ and BIOCAD sign MoU to establish biotechnology and pharmaceuticals activities

Apr 22, 2025

The MoU seeks to create conditions for cooperation in strategic areas such as new technologies, logistics and biomedical sciences

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Kuwait plans nearly $6bln spend on infrastructure in 2025-26

Kuwait plans nearly $6bln spend on infrastructure in 2025-26

Apr 22, 2025

The budget includes capital spending of nearly $5.7bln and more than 90 projects

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Gulf issuers plan more debt sales, undeterred by recent market turmoil, sources say

Gulf issuers plan more debt sales, undeterred by recent market turmoil, sources say

Apr 22, 2025

Markets have been volatile since Trump announced sweeping tariffs on April 2, even after he rolled most of them back, as investors struggle to gauge where his policies are headed

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UAE maintains global trade leadership, competitiveness: Al Zeyoudi

UAE maintains global trade leadership, competitiveness: Al Zeyoudi

Apr 22, 2025

He attributed the significant growth in the UAE's foreign trade to the country’s open economy, its ability to attract investors

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Dubai Chambers explores ways to strengthen economic relations with North Macedonia

Dubai Chambers explores ways to strengthen economic relations with North Macedonia

Apr 16, 2025

Non-oil trade between Dubai and North Macedonia reached a value of approximately US$52.2 million in 2024

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