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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UAE, India: Firm vision for strengthening strategic partnerships

UAE, India: Firm vision for strengthening strategic partnerships

Apr 08, 2025

Sheikh Hamdan’s visit to New Delhi embodies a forward-looking approach rooted in innovation, economic openness, and international cooperation

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Belgium rekindles economic ties with Kuwait after 23 years

Belgium rekindles economic ties with Kuwait after 23 years

Apr 08, 2025

This renewed engagement underscores the strong potential and mutual interest in deepening bilateral economic cooperation

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Saudi Arabia's non-oil business sector resilient in March, PMI shows

Saudi Arabia's non-oil business sector resilient in March, PMI shows

Apr 07, 2025

The seasonally adjusted Riyad Bank Saudi Arabia Purchasing Managers' Index edged down to 58.1 in March from 58.4 in February but remained far above the 50 mark signalling growth

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Kuwait oil price down USD 1.06 to USD 77.52 pb

Kuwait oil price down USD 1.06 to USD 77.52 pb

Apr 07, 2025

In global markets, the price of Brent crude went down by USD 4.81 to settle at USD 70.14 pb, and the price of West Texas Intermediate went down by USD 4.76 to settle at USD 66.95 pb

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Oman: Gas explosion in commercial building in Qurayyat

Oman: Gas explosion in commercial building in Qurayyat

Apr 07, 2025

Rescue teams are continuing their efforts to locate a missing person believed to be trapped under the rubble

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UAE’s non-oil sector slows as demand softens

UAE’s non-oil sector slows as demand softens

Apr 07, 2025

The S&P Global PMI dropped to 54 in March for the UAE, while Dubai saw its PMI drop to 53.2

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UAE: ADRA receives 2,297 complaints since start of 2025

UAE: ADRA receives 2,297 complaints since start of 2025

Apr 03, 2025

ADRA recorded notable growth in consumer rights and trademark protection indicators across the emirate in 2024

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Kuwait oil price up 44 cents to USD 78.43 pb

Kuwait oil price up 44 cents to USD 78.43 pb

Apr 03, 2025

The prices of the Brent crude and West Texas Intermediate at the global markets had decreased by 28 cents for each benchmarks, settling them respectively at USD 74.49 pb and USD 71.20 pb

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Oman: Abraj reports strong market position and operational gains

Oman: Abraj reports strong market position and operational gains

Apr 03, 2025

Abraj maintained a significant 25% market share in Oman’s drilling industry, reinforcing its status as a dominant player

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