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: PIF assets soar 37% to over $42bln in Q3 2024

Saudi: PIF assets soar 37% to over $42bln in Q3 2024

Jan 02, 2025

This growth was supported by an increase in domestic investment assets, which grew annually by 42%

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UAE stock markets post over $69bln market cap growth driven by strong economy

UAE stock markets post over $69bln market cap growth driven by strong economy

Jan 02, 2025

The total volume of shares traded during the year exceeded 142 bln shares

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Oman: New guidelines for govt contracts

Oman: New guidelines for govt contracts

Jan 02, 2025

The circular outlines a series of measures aimed at curbing financial mismanagement and fostering better control over contractual and financial practices across all government ministries and units.

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Oman: Manah II solar IPP commences commercial operations

Oman: Manah II solar IPP commences commercial operations

Dec 31, 2024

Manah II stands as Sembcorp’s largest utility-scale solar farm within its global renewables portfolio

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Kuwait: New tax on MNEs enhance national economy

Kuwait: New tax on MNEs enhance national economy

Dec 31, 2024

A new executive bylaw would be made in the upcoming period to regulate implementing the imposed tax

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Saudi: Quarterly net FDI surges 37% to $4.2bln in 3Q 2024

Saudi: Quarterly net FDI surges 37% to $4.2bln in 3Q 2024

Dec 31, 2024

The net FDI during the third quarter of the current year recorded a decrease of 24 percent compared to the same quarter of last year when it reached SR21.1 billion

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Bahrain: Top firms vying for Hidd Independent Water Project

Bahrain: Top firms vying for Hidd Independent Water Project

Dec 31, 2024

The project, which will have a net capacity of 60 MIGD of potable water, is being implemented on a build, own and operate (BOO) basis

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Qatar: Intensive inspection of food outlets at Barwa area in Al Wakra

Qatar: Intensive inspection of food outlets at Barwa area in Al Wakra

Dec 31, 2024

The campaign included 19 inspection tours to ensure that commercial establishments comply with cleanliness and advertisement laws

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Qatar: Environment minister inaugurates Radiation Data Monitoring and Analysis Unit

Qatar: Environment minister inaugurates Radiation Data Monitoring and Analysis Unit

Dec 30, 2024

It includes a monitoring platform, a data analysis and a production department, in addition to ionizing radiation monitoring stations

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