Kuwait unveils framework for 15-year residency for expat investors Riyadh Air takes off on first domestic route to Jeddah Bahrain issues laws to protect investments Qatar's Hamad Port sails into the world's top eight 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

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UAE’s non-oil sector slows as demand softens

UAE’s non-oil sector slows as demand softens

Apr 07, 2025

The S&P Global PMI dropped to 54 in March for the UAE, while Dubai saw its PMI drop to 53.2

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UAE: ADRA receives 2,297 complaints since start of 2025

UAE: ADRA receives 2,297 complaints since start of 2025

Apr 03, 2025

ADRA recorded notable growth in consumer rights and trademark protection indicators across the emirate in 2024

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Kuwait oil price up 44 cents to USD 78.43 pb

Kuwait oil price up 44 cents to USD 78.43 pb

Apr 03, 2025

The prices of the Brent crude and West Texas Intermediate at the global markets had decreased by 28 cents for each benchmarks, settling them respectively at USD 74.49 pb and USD 71.20 pb

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Oman: Abraj reports strong market position and operational gains

Oman: Abraj reports strong market position and operational gains

Apr 03, 2025

Abraj maintained a significant 25% market share in Oman’s drilling industry, reinforcing its status as a dominant player

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Bridging the skills gap: Southern Africa's role in Saudi's Vision 2030

Bridging the skills gap: Southern Africa's role in Saudi's Vision 2030

Apr 03, 2025

As Saudi Arabia continues to modernise, strategic partnerships with international workforce specialists will be essential in facilitating these employment opportunities

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UAE: Fathers’ Endowment campaign raises over $1bln

UAE: Fathers’ Endowment campaign raises over $1bln

Apr 02, 2025

The campaign, which His Highness Sheikh Mohammed bin Rashid launched on 21st February 2025, aims to honour fathers in the UAE by establishing a sustainable endowment fund

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Kuwait oil price up 14 cents to USD 77.54

Kuwait oil price up 14 cents to USD 77.54

Apr 02, 2025

In global markets, Brent Crude rose 24 cents to USD 74.03 pb, while West Texas futures increased 27 cents to USD 69.92

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Egypt, Saudi Arabia pen agreement for fertilizer plant in Nubaria

Egypt, Saudi Arabia pen agreement for fertilizer plant in Nubaria

Apr 02, 2025

ARC President Adel Abdel Azim stated that this marks a major step in expanding cooperation in seed production, fertilizers, and agricultural inputs, including vegetable seeds and solar energy solutions

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Sharjah Chamber outlines its 2025-2027 strategy

Sharjah Chamber outlines its 2025-2027 strategy

Mar 27, 2025

The strategy focuses on supporting business sustainability and growth, anticipating future business trends, shaping the business landscape, and enhancing its competitiveness and leadership

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