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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Qatar Executive adds Starlink Internet services to Gulfstream G650ER fleet

Qatar Executive adds Starlink Internet services to Gulfstream G650ER fleet

Dec 11, 2024

This addition marks a new era of “seamless, high-speed” inflight connectivity for its passengers, “setting a benchmark” in private aviation and aligning with the company’s mission to remain at the forefront of aviation technology

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Oman: Muttrah waterfront set for transformation

Oman: Muttrah waterfront set for transformation

Dec 11, 2024

The Muttrah Cable Car project will be the longest cable car route over the sea in the Middle East

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Kuwait: Heirs not liable for debts if insurance coverage in place

Kuwait: Heirs not liable for debts if insurance coverage in place

Dec 11, 2024

The court stated that the insurance companies with which the banks had signed loan insurance agreements are responsible for repaying the loans in case of the person’s death or inability to work

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Oman Air dismisses rumours on mass layoffs

Oman Air dismisses rumours on mass layoffs

Dec 10, 2024

A severance package has been offered to those who were not assigned roles in the new structure, despite the significant associated costs, as a gesture of appreciation for their service

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Kuwait to cut services for biometric holdouts

Kuwait to cut services for biometric holdouts

Dec 10, 2024

The Ministry has made it clear that individuals must book an appointment through the “Meta” platform or the “Sahel” application and then proceed to complete the biometric fingerprint process on the appointed date and time

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Oman: World’s second-largest polymer project breaks ground in Sohar

Oman: World’s second-largest polymer project breaks ground in Sohar

Dec 09, 2024

The $300mn project will occupy 240,000 sqm area within Sohar Port, demonstrating a strong commitment to technological advancement and industrial growth

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Kuwait charts tax revamp with 15% corporate rate

Kuwait charts tax revamp with 15% corporate rate

Dec 09, 2024

The draft indicates that the tax would apply to profits starting after January 1, 2025, specifically targeting multinational groups

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Bahrain's non-oil exports value for October hits $833mln

Bahrain's non-oil exports value for October hits $833mln

Dec 09, 2024

Saudi Arabia ranked first in the importers' list followed by the US and UAE

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Bahrain: Initiatives on way to help SMEs take part in government tenders

Bahrain: Initiatives on way to help SMEs take part in government tenders

Dec 05, 2024

10pc of tenders issued will be allocated for SMEs following a Cabinet decision

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