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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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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Oman’s oil exports exceed 25mln barrels

Oman’s oil exports exceed 25mln barrels

Mar 18, 2025

Average daily oil production reached 987,500 barrels by the end of last January

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Kuwait oil profits set to surge in 2025/26 budget

Kuwait oil profits set to surge in 2025/26 budget

Mar 18, 2025

The expected improvement is attributed to Kuwait’s gradual increase in its OPEC Plus share, scheduled to begin in April

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Adnec Group adds record $2.3bln to UAE economy in 2024

Adnec Group adds record $2.3bln to UAE economy in 2024

Mar 17, 2025

This even surpassed the previous year's figure of $2.01bln, thus highlighting the group’s growing role in driving economic growth and supporting the UAE’s strategic objective

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Kuwait oil price increases to USD 74.90 pb

Kuwait oil price increases to USD 74.90 pb

Mar 17, 2025

In global markets, Brent futures increased by USD 1.07 to USD 69.88 pb, as West Texas crude dropped by USD 1.13 to reach USD 66.55 a barrel

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S&P raises Saudi Arabia’s rating to A+ on economic overhaul

S&P raises Saudi Arabia’s rating to A+ on economic overhaul

Mar 17, 2025

Oil prices will fall to $70 per barrel over 2025-2028 from $81 in 2023

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