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 signs energy sector deals worth $27.69bln

Saudi Arabia signs energy sector deals worth $27.69bln

Oct 24, 2024

Saudi Arabia signed 107 agreements worth 104 billion riyals ($27.69 billion) in the energy sector

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Saudi Arabia reports $25.5bln in FDI for 2023

Saudi Arabia reports $25.5bln in FDI for 2023

Oct 24, 2024

The latest statistics indicate that the actual performance of FDI has surpassed the targets set by the National Investment Strategy (NIS)

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Saudi Arabia, Kuwait ink health agreement on boosting staff skills

Saudi Arabia, Kuwait ink health agreement on boosting staff skills

Oct 23, 2024

The deal aims to boost coordination between the two sides and share expertise in health education and training

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Dubai Crown Prince approves new initiatives to foster growth of startups, develop national tech talent, drive innovation

Dubai Crown Prince approves new initiatives to foster growth of startups, develop national tech talent, drive innovation

Oct 23, 2024

The projects and initiatives are designed to support the UAE’s development objectives and reinforce its status as a leading hub for future industries

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Cabinet: Saudi Arabia's hosting of 2026 Gulf-EU Summit would bolster bilateral ties

Cabinet: Saudi Arabia's hosting of 2026 Gulf-EU Summit would bolster bilateral ties

Oct 23, 2024

The Council of Ministers expressed its aspiration that the summit would be an additional boost to bolstering bilateral relations between the member countries of GCC and the European Union

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Kuwait: Al-Mashaan tells Cabinet she will sign roads face-lifting contracts tomorrow

Kuwait: Al-Mashaan tells Cabinet she will sign roads face-lifting contracts tomorrow

Oct 23, 2024

The minster had already declared that she planned to sign up to 18 contracts to face-lift and overhaul the country's roads' networks

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Saudi: Global Health Exhibition sees investments worth over $13.3bln

Saudi: Global Health Exhibition sees investments worth over $13.3bln

Oct 22, 2024

Inaugurating the exhibition, the minister said that Saudi Arabia will be a center for confronting global health challenges, thanks to artificial intelligence and the development of the workforce

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Saudi Arabia: Bahri secures $756mln Alinma funding for fleet modernisation

Saudi Arabia: Bahri secures $756mln Alinma funding for fleet modernisation

Oct 21, 2024

Under the terms of the facility agreement, Alinma Bank will extend a credit facility worth $756 million to partially finance the purchase of nine state-of-the-art Very large Crude Carriers

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Emirates Transport to pilot test hydrogen and electric vehicles

Emirates Transport to pilot test hydrogen and electric vehicles

Oct 17, 2024

The partnership will evaluate the feasibility of these sustainable vehicles and execute pilot projects for their use and aims to foster innovation and position the UAE as a leader in sustainable transportation

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