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 and Saudi Arabia explore new business opportunities

Kuwait and Saudi Arabia explore new business opportunities

Feb 06, 2025

The agreement is expected to boost trade exchanges, economic growth, and help implement the strategy of both nations to create a model of exceptional integration

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Oman: Over 135,000 companies exist only on paper

Oman: Over 135,000 companies exist only on paper

Feb 06, 2025

H E Baowain highlighted the Ministry of Labour’s efforts between 2021 and 2023 to retain jobs for Omani nationals

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Saudi-GCC non-oil commodity exports soar to $2.5bln

Saudi-GCC non-oil commodity exports soar to $2.5bln

Feb 06, 2025

The Saudi non-oil trade balance recorded a surplus with the GCC states amounting to SAR3.718 billion, bringing the total to SAR3.805 billion

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Saudi Arabia's non-oil private sector grows at decade-high pace in Jan, PMI shows

Saudi Arabia's non-oil private sector grows at decade-high pace in Jan, PMI shows

Feb 05, 2025

The seasonally adjusted Riyad Bank Saudi Arabia Purchasing Managers' Index rose to 60.5 last month from 58.4 in December, marking its highest level since September 2014

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Kuwaiti workforce in private sector falls, unemployment hits 33,307

Kuwaiti workforce in private sector falls, unemployment hits 33,307

Feb 05, 2025

As of the end of December 2024, there were 39,418 Kuwaiti men and 31,338 Kuwaiti women in the private sector

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Bahrain: Key deal to develop corporate credit rating system

Bahrain: Key deal to develop corporate credit rating system

Feb 05, 2025

The aim is to provide accurate and transparent credit ratings for businesses in Bahrain, facilitating faster access to finance for small and medium enterprises (SMEs) and boosting investment

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Kuwait may soon be allowed to raise debt after eight-year hiatus: Report

Kuwait may soon be allowed to raise debt after eight-year hiatus: Report

Feb 04, 2025

The law will likely approve raising $65bln over the next 50 years

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Oman’s new investment court: Pioneering legal reform to attract global investors

Oman’s new investment court: Pioneering legal reform to attract global investors

Feb 04, 2025

Oman’s initiative draws on such successful models while tailoring the approach to its unique legal and economic landscape

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Non-oil activities account for 52% of Saudi Arabia’s GDP in 2024, says finance minister

Non-oil activities account for 52% of Saudi Arabia’s GDP in 2024, says finance minister

Feb 04, 2025

The minister noted Saudi Arabia’s strong financial position, citing its low debt-to-GDP ratio

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