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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QatarEnergy reduces petrol, diesel prices for May 2025

QatarEnergy reduces petrol, diesel prices for May 2025

May 01, 2025

The cost for Diesel has also been reduced and in the coming month will be charged at QR1.95 per litre.

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Kuwait oil price down 40 cents to $69.54 pb

Kuwait oil price down 40 cents to $69.54 pb

Apr 30, 2025

At the global level, the price of the Brent crude went down by USD 1.01 to USD 65.86 per barrel, the same occurred to the West Texas Intermediate, which went down by 97 cents to USD 62.05 pb

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Saudi non-oil exports surge 14.3% to $6.96bln in February

Saudi non-oil exports surge 14.3% to $6.96bln in February

Apr 29, 2025

Non-oil national exports (excluding re-exports) rose by 0.7% to SR16.07 billion

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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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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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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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