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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Kuwait oil price up to $68.68 pb

Kuwait oil price up to $68.68 pb

Apr 16, 2025

At the global markets, the prices of the Brent crude by 12 cents to reach USD 64.88 and West Texas Intermediate went up three cents to settle respectively at USD 61.53 per barrel pb

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Qatar to invest $7.5bln in Egypt

Qatar to invest $7.5bln in Egypt

Apr 16, 2025

The agenda included ways to foster multi-sector cooperation to enhance shared interests and open new horizons for integration and partnership

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Saudi Arabia plans to pay off Syria's World Bank debts, sources say

Saudi Arabia plans to pay off Syria's World Bank debts, sources say

Apr 15, 2025

The plans, which have not been previously reported, would be the first known instance of Saudi Arabia providing financing for Syria

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Kuwait stresses the need for unified Arab economic policies

Kuwait stresses the need for unified Arab economic policies

Apr 15, 2025

Sheikh Fahad reiterated that Kuwait continues to support youth empowerment, human capital development, and small and medium enterprises

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RAKEZ deepens commercial ties between UAE, UK

RAKEZ deepens commercial ties between UAE, UK

Apr 14, 2025

By fostering meaningful connections and showcasing the unique advantages of doing business in Ras Al Khaimah, RAKEZ continues to attract UK enterprises and drive forward economic collaboration and shared success

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Saudi economy records highest liquidity in history, crossing $800bln by February 2025

Saudi economy records highest liquidity in history, crossing $800bln by February 2025

Apr 14, 2025

RIYADH — Liquidity levels in the Saudi economy recorded robust growth, reaching their highest levels in history by the end of February 2025, with an annual increase of SR277.49 billion, representing a growth rate of 10.1 percent.

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Kuwait crude oil nosedives $3.26 Wed. to USD 64.33 pb - KPC

Kuwait crude oil nosedives $3.26 Wed. to USD 64.33 pb - KPC

Apr 14, 2025

Oil prices rebounded with more than four percent after US President Donald Trump announced yesterday a 90-day suspension of tariffs on all countries except on imports from China which rose to 125 percent

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Saudi Arabia: Tadawul All Share Index up 0.46% on Thursday

Saudi Arabia: Tadawul All Share Index up 0.46% on Thursday

Apr 10, 2025

The session saw a total trading value of SAR 6.025 billion, with 251.281 million shares exchanged

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Kuwait: KPC declares LNG prices for April

Kuwait: KPC declares LNG prices for April

Apr 10, 2025

Both propane and butane are used in petrochemical industry, cooking, heating purposes and other

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