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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Dubai to host first-ever International Sports & Entertainment Free Zone cluster

Dubai to host first-ever International Sports & Entertainment Free Zone cluster

Mar 12, 2025

The zone will serve as an industry-focused business hub facilitating licensing for distinct sports and entertainment business activities

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Bahrain ranks 55th in economic freedom

Bahrain ranks 55th in economic freedom

Mar 12, 2025

The index, which evaluates 184 economies, places Bahrain fourth out of 14 countries in the Middle East and North Africa (Mena) region

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Kuwait oil price up 58 cents to USD 74.19 pb

Kuwait oil price up 58 cents to USD 74.19 pb

Mar 12, 2025

The prices of the Brent crude and West Texas Intermediate each went down by USD 1.08 and USD 1.01 to settle respectively at USD 69.28 per barrel and USD 66.03 pb

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Private spending may boost Saudi GDP growth to 2.8% in 2025

Private spending may boost Saudi GDP growth to 2.8% in 2025

Mar 12, 2025

Fixed investment set to grow by 3.8% as Vision 2030 gains momentum, says S&P Global Market Intelligence

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Kuwait oil price down USD 1.18 to USD 73.02 pb

Kuwait oil price down USD 1.18 to USD 73.02 pb

Mar 11, 2025

The price of the Brent crude increased by 16 cents to USD 69.46 pb, the same case with the West Texas Intermediate, which rose by five cents to USD 66.36 pb

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Liquidity in Saudi economy records annual growth of $62.91bln in 2024

Liquidity in Saudi economy records annual growth of $62.91bln in 2024

Mar 11, 2025

Liquidity levels grew from the beginning of 2024 until the end of December by SR236.129 billion, representing a 7.4 percent increase

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As private credit giants take root in UAE, deployment in GCC is “next evolution”

As private credit giants take root in UAE, deployment in GCC is “next evolution”

Mar 11, 2025

US-based Nuveen registered an office in the UAE last year, and Fortress has partnered with Abu Dhabi sovereign Mubadala

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Oman imports over 289,000 livestock to meet meat demand

Oman imports over 289,000 livestock to meet meat demand

Mar 10, 2025

The total number of livestock permitted for import during this period was 359,150, including 332,700 goats and sheep, and 26,450 cows

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Fitch maintains Kuwait's 'AA-' rating with stable outlook

Fitch maintains Kuwait's 'AA-' rating with stable outlook

Mar 10, 2025

Fitch forecasts Kuwait’s sovereign net foreign assets to increase to 601% of GDP in 2025, up from an estimated 582% of GDP in 2024

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