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 to host regional consultative meetings on ‘Bangkok Rules’

Qatar to host regional consultative meetings on ‘Bangkok Rules’

Dec 02, 2024

The Ministry of Interior (MoI) highlighted that Qatar’s selection underscores the country’s leading role in promoting international cooperation on human rights

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Oman: Ministerial meeting highlights means of activating economic diplomacy

Oman: Ministerial meeting highlights means of activating economic diplomacy

Dec 02, 2024

The meeting was aimed at activating economic diplomacy by establishing partnerships to promote investment and develop Omani exports in global markets

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Oman launches work on new A’Thuraya City project

Oman launches work on new A’Thuraya City project

Nov 28, 2024

Interested contractors have until December 25, 2024, to submit their bids for Phase 1 of the project

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Kuwait: MEW shows a disappointing 18% ‘spending rate’ on dev projects

Kuwait: MEW shows a disappointing 18% ‘spending rate’ on dev projects

Nov 28, 2024

Sources have raised concerns about the discrepancy between the ministry’s low spending rate and its commitment to launching 21 vital projects included in its development plan for the current fiscal year

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Oman tops quality of life index in Asia, 4th globally

Oman tops quality of life index in Asia, 4th globally

Nov 27, 2024

Oman’s Quality of Life Index stands at an impressive 204.3 points

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Kuwait DGCA affirms commitment to enhancing aviation safety, ensuring sustainability

Kuwait DGCA affirms commitment to enhancing aviation safety, ensuring sustainability

Nov 27, 2024

Kuwait's Directorate General of Civil Aviation (DGCA) Acting Chief Duaij Al-Otaibi affirmed Tuesday commitment to enhancing aviation safety standards and ensuring a safer and more sustainable future for the aviation industry.

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Oman: Tourism prospers during 4-day break

Oman: Tourism prospers during 4-day break

Nov 26, 2024

In Muscat, families thronged to the beaches, making the most of the pleasant weather.

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Oman: Sohar Port and Freezone secures $4bln worth of new investments in 2024

Oman: Sohar Port and Freezone secures $4bln worth of new investments in 2024

Nov 25, 2024

With a strategic focus on sustainable growth and innovation, SOHAR has solidified its position as a leading investment and logistics hub, driving national progress in alignment with Oman Vision 2040

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Doha Bank, Edaa join forces to enhance financial transparency and combat financial crimes

Doha Bank, Edaa join forces to enhance financial transparency and combat financial crimes

Nov 25, 2024

Doha Bank has signed a landmark memorandum of understanding (MoU) with Edaa to strengthen data security, streamline financial operations, and enhance anti-money laundering (AML) and counter-terrorism financing (CTF) measures in Qatar’s financial sector

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