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 Arabia and Malaysia agree to enhance coordination and cooperation across diverse spheres

Saudi Arabia and Malaysia agree to enhance coordination and cooperation across diverse spheres

Dec 11, 2024

The meeting agreed to enhance coordination and cooperation between the two sides across various fields in a way serving their mutual interests and meet the aspirations of their leaderships

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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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Qatar, Dominican Republic ink agreement and joint statement for cooperation

Qatar, Dominican Republic ink agreement and joint statement for cooperation

Dec 10, 2024

The two governments inked an agreement aimed at promoting and protecting their mutual investments, and the two countries' central banks signed an MoU

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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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Saudi Crown Prince and British PM Starmer hold extensive talks in Riyadh

Saudi Crown Prince and British PM Starmer hold extensive talks in Riyadh

Dec 10, 2024

Their discussions are expected to focus on further enhancing bilateral cooperation between Saudi Arabia and the United Kingdom

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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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Qatar, Colombia sign deal on education, higher education, and research

Qatar, Colombia sign deal on education, higher education, and research

Dec 09, 2024

Under the terms of the MoU, both parties encourage cooperation in areas such as the exchange of expertise, knowledge, and technologies

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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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Saudi economy posts 2.8% growth in Q3 2024

Saudi economy posts 2.8% growth in Q3 2024

Dec 09, 2024

Government activities also recorded a growth of 3.1% year-on-year

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