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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Central Bank of Oman issues treasury bills worth $130mln

Central Bank of Oman issues treasury bills worth $130mln

Aug 27, 2024

Treasury Bills are short-term highly secured financial instruments issued by the Ministry of Finance

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Kuwait's ministry fast-tracks salary control to address overspending

Kuwait's ministry fast-tracks salary control to address overspending

Aug 26, 2024

The bureau underscored the need for the ministry to “tighten control over salary disbursement to avoid unjust payments, which inflate the revenues of the fiscal year under review; leading to an increase in the expenses for previous fiscal years”

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Bahrain’s re-exports jump 22% to $162mln

Bahrain’s re-exports jump 22% to $162mln

Aug 22, 2024

The UAE and Saudi Arabia remained Bahrain’s top re-export destinations, together accounting for nearly two-thirds of the total

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Oman's public debt falls to $37.41bln

Oman's public debt falls to $37.41bln

Aug 22, 2024

This is mainly attributed to the decrease in net gas revenue and current revenue

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Oman Business Platform records 487,300 transactions in H1 2024

Oman Business Platform records 487,300 transactions in H1 2024

Aug 20, 2024

The ministry’s statistics showed an increase in the number of downloads of the Oman Business Platform app, with 7,245 downloads recorded

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Bahrain: Tamkeen supports salary increase of 1,000 BAS staff

Bahrain: Tamkeen supports salary increase of 1,000 BAS staff

Aug 20, 2024

BAS, the sole operator of ground handling services at Bahrain International Airport, employs 1,500 Bahrainis and contributed to 7.4% of the kingdom’s GDP in 2023, Tamkeen chief executive Maha Mofeez said

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Filipino remittances from Kuwait drop 2.3%

Filipino remittances from Kuwait drop 2.3%

Aug 20, 2024

Data shows that remittances from Filipino workers in the Gulf Cooperation Council countries accounted for 96.17% of the total remittances from the Middle East in the first half of 2024

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Kuwait's ministry allocates $591.31mln in food, construction support

Kuwait's ministry allocates $591.31mln in food, construction support

Aug 14, 2024

This support was divided into key categories such as basic materials $218.88mln, which made up 37% of the total support

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Indian businesses top list of new companies joining Dubai Chamber of Commerce in H1 2024

Indian businesses top list of new companies joining Dubai Chamber of Commerce in H1 2024

Aug 14, 2024

The findings highlight Dubai’s strong ability to attract direct investments from India and underline the emirate's growing appeal among international businesses

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