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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Qatar Central Bank issues $411.9mln treasury bills, Islamic Sukuk

Qatar Central Bank issues $411.9mln treasury bills, Islamic Sukuk

May 28, 2024

Qatar Central Bank said on Sunday in a post on social media platform X that the issuance of treasury bills was distributed as follows: QR500mn for a 32-day term at an interest rate of 5.7857 percent

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Emirates Development Bank aims to provide financing worth $8.16bln by 2026

Emirates Development Bank aims to provide financing worth $8.16bln by 2026

May 28, 2024

Bank allocated AED5 billion in financing for industrial projects in 2024

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EDB inks $100mln financing deal for AI innovation programme

EDB inks $100mln financing deal for AI innovation programme

May 28, 2024

AI Innovation Program aligns with the ministry’s efforts to boost innovation

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Saudi, UAE homes getting more smarter, says report

Saudi, UAE homes getting more smarter, says report

May 27, 2024

Throughout 2023, Alexa turned the lights on and off over 24mln times in homes across the UAE and KSA

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Qatar, Commonwealth of Dominica sign deal to establish political consultations

Qatar, Commonwealth of Dominica sign deal to establish political consultations

May 23, 2024

During the round of consultations, cooperation relations between the two countries and ways to support and enhance them were discussed

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Saudi EXIM Bank signs two cooperation agreements with Japan's SMBC and MUFG banks

Saudi EXIM Bank signs two cooperation agreements with Japan's SMBC and MUFG banks

May 23, 2024

The Saudi EXIM Bank aims to empower the Kingdom's non-oil national economy in accordance with Vision 2030

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Qatar’s CPI records rise of 0.71% in April

Qatar’s CPI records rise of 0.71% in April

May 22, 2024

The CPI - which measures inflation - includes 12 main groups of consumer goods that have a total of 737 commodities and services

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IMF says UAE overall real GDP projected to grow 4% in 2024

IMF says UAE overall real GDP projected to grow 4% in 2024

May 21, 2024

The IMF had projected GDP growth for the Gulf oil exporter at 3.5% in 2024 in its most recent Regional Economic Outlook report, published in April

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Tamkeen to promote global expansion of Bahraini firms

Tamkeen to promote global expansion of Bahraini firms

May 21, 2024

The announcement came during an event that hosted key stakeholders from the ecosystem and highlighted the importance of franchising for businesses

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