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

Log in

عربي

Media Centre

Home » Media Centre

Media Centre

E-payments account for 79% of retail transactions in Saudi Arabia in 2024

E-payments account for 79% of retail transactions in Saudi Arabia in 2024

Apr 16, 2025

The increase aligns with significant growth in the Kingdom's payment systems, with non-cash electronic payment transactions reaching 12.6 billion in 2024, compared to 10.8 billion in the previous year

Read More...
Kuwait oil price up to $68.68 pb

Kuwait oil price up to $68.68 pb

Apr 16, 2025

At the global markets, the prices of the Brent crude by 12 cents to reach USD 64.88 and West Texas Intermediate went up three cents to settle respectively at USD 61.53 per barrel pb

Read More...
Qatar to invest $7.5bln in Egypt

Qatar to invest $7.5bln in Egypt

Apr 16, 2025

The agenda included ways to foster multi-sector cooperation to enhance shared interests and open new horizons for integration and partnership

Read More...
Saudi Arabia plans to pay off Syria's World Bank debts, sources say

Saudi Arabia plans to pay off Syria's World Bank debts, sources say

Apr 15, 2025

The plans, which have not been previously reported, would be the first known instance of Saudi Arabia providing financing for Syria

Read More...
UAE's non-oil economy continues healthy growth: OPEC

UAE's non-oil economy continues healthy growth: OPEC

Apr 15, 2025

OPEC noted that the UAE is pushing ahead with initiatives to diversify the economy, with initiatives such as ‘Operation 300bn’

Read More...
Kuwait stresses the need for unified Arab economic policies

Kuwait stresses the need for unified Arab economic policies

Apr 15, 2025

Sheikh Fahad reiterated that Kuwait continues to support youth empowerment, human capital development, and small and medium enterprises

Read More...
RAKEZ deepens commercial ties between UAE, UK

RAKEZ deepens commercial ties between UAE, UK

Apr 14, 2025

By fostering meaningful connections and showcasing the unique advantages of doing business in Ras Al Khaimah, RAKEZ continues to attract UK enterprises and drive forward economic collaboration and shared success

Read More...
Tethys Oil sees ‘high activity’ across Oman upstream acreage in 2024

Tethys Oil sees ‘high activity’ across Oman upstream acreage in 2024

Apr 14, 2025

Tethys Oil has a 30% interest in Block 3&4

Read More...
Saudi economy records highest liquidity in history, crossing $800bln by February 2025

Saudi economy records highest liquidity in history, crossing $800bln by February 2025

Apr 14, 2025

RIYADH — Liquidity levels in the Saudi economy recorded robust growth, reaching their highest levels in history by the end of February 2025, with an annual increase of SR277.49 billion, representing a growth rate of 10.1 percent.

Read More...