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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Saudi Arabia and Pakistan to further enhance bilateral ties

Saudi Arabia and Pakistan to further enhance bilateral ties

Mar 24, 2025

They explored avenues for enhancing bilateral cooperation across various fields

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Dubai Chamber of Commerce launches Hungarian Business Council

Dubai Chamber of Commerce launches Hungarian Business Council

Mar 20, 2025

The number of companies from Hungary registered as active members of Dubai Chamber of Commerce reached 201 at the end of 2024, achieving annual growth of 48%

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Bahrain economy projected to hit 2.8% GDP growth in 2025

Bahrain economy projected to hit 2.8% GDP growth in 2025

Mar 20, 2025

To attract foreign direct investment (FDI), Bahrain is establishing new industrial free zones in Muharraq

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Kuwait oil price increases 81 cents to reach $75.87

Kuwait oil price increases 81 cents to reach $75.87

Mar 20, 2025

In global markets, Brent futures went down by 51 cents to USD 70.56 per barrel, as West Texas Intermediate also dropped by 68 cents to reach USD 66.90 pb

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Dubai chamber sees 33% growth in construction firms

Dubai chamber sees 33% growth in construction firms

Mar 19, 2025

The construction sector witnessed substantial growth in memberships, with 7,434 new companies joining the chamber in 2024, representing an increase of 33% compared to 2023

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Saudi: Industrial production index rises 1.3% in January

Saudi: Industrial production index rises 1.3% in January

Mar 19, 2025

The increase is driven by a rise in the activities of manufacturing industry, water supply and sanitation, and waste management and treatment

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Fitch affirms Qatar’s rating at AA, outlook stable

Fitch affirms Qatar’s rating at AA, outlook stable

Mar 19, 2025

Outlook stable; rating reflects Gulf state’s GDP per capita, one of world’s highest

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Kuwait oil price increases 71 cents to reach $75.06

Kuwait oil price increases 71 cents to reach $75.06

Mar 19, 2025

In global markets, Brent futures increased by 49 cents to USD 71.07 per barrel, as West Texas Intermediate also increased by 40 cents to reach USD 67.58 pb

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New resolution to regulate free zone establishments operating outside designated zones in Dubai

New resolution to regulate free zone establishments operating outside designated zones in Dubai

Mar 18, 2025

Provisions of this resolution apply to establishments seeking to operate outside the free zone, with the exception of financial institutions licensed to operate within the Dubai International Financial Centre

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