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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Oman’s central bank approves regulations for Banking Deposits Protection Law

Oman’s central bank approves regulations for Banking Deposits Protection Law

Dec 30, 2024

Open banking will play a significant role in advancing the development of innovative financial products

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Kuwait, US eye closer cooperation

Kuwait, US eye closer cooperation

Dec 30, 2024

The two sides also focused on the mechanisms of developing investments and strategic partnerships in different sectors

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Bahrain: New policies ‘to boost SME sector and foster growth’

Bahrain: New policies ‘to boost SME sector and foster growth’

Dec 30, 2024

The Bahrain Small and Medium Enterprises Development Society is focusing on advanced marketing and promotional strategies to empower local entrepreneurs

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Saudi non-profit sector revenues grow 33% to $14.50bln in 2023

Saudi non-profit sector revenues grow 33% to $14.50bln in 2023

Dec 30, 2024

Health activities accounted for the highest growth rates, reaching 70% of total revenues of non-profit sector organizations

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Omani banks excel in digital transformation

Omani banks excel in digital transformation

Dec 26, 2024

There is superiority in the region's banks in digital transformation, such that they have become superior to their counterparts in global banks after their success in adopting digital transformation by 87% of their daily transactions

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Kuwait Cabinet approves bill on multinational entities' taxes law

Kuwait Cabinet approves bill on multinational entities' taxes law

Dec 26, 2024

His Highness the Prime Minister also referred to his official talks with his Indian peer that focused on means of boosting bilateral historic relations for wider horizons in all fields to serve the two peoples' interest

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Qatar's domestic gas consumption remains steady at 43.2 bcm in 2023: GECF

Qatar's domestic gas consumption remains steady at 43.2 bcm in 2023: GECF

Dec 26, 2024

Qatar’s marketed natural gas production saw a slight increase in 2023, reaching 170.9 bcm

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Saudi market has continued to benefit from strong non-oil sector – report

Saudi market has continued to benefit from strong non-oil sector – report

Dec 26, 2024

Saudi Arabia’s residential market continued to demonstrate strong demand fundamentals

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Kuwaiti Cabinet approves bill imposing 15% tax on multinational entities

Kuwaiti Cabinet approves bill imposing 15% tax on multinational entities

Dec 25, 2024

The law aims to curb tax evasion and prevent sending tax revenues to other countries

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