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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Oman economy posts budget surplus, non-oil growth in 2024

Oman economy posts budget surplus, non-oil growth in 2024

Apr 10, 2025

Non-oil activities expanded by 3.7 per cent, led by a strong performance in manufacturing (+8.5 per cent)

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IMF Chief lauds Saudi Arabia for its strong support for the Fund and IMFC

IMF Chief lauds Saudi Arabia for its strong support for the Fund and IMFC

Apr 09, 2025

Managing Director of the International Monetary Fund Kristalina Georgieva expressed her gratitude to the Saudi leadership for its continued and strong support for the Fund

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Nigeria, Cameroon seek stronger investment ties with UAE

Nigeria, Cameroon seek stronger investment ties with UAE

Apr 09, 2025

Cameroon is looking to grow its investments in renewable energy sources, including solar and wind

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Boursa Kuwait ends with negative results on Sunday’s session

Boursa Kuwait ends with negative results on Sunday’s session

Apr 09, 2025

The Main Market Index ended the session lower by 192.66 points, or 2.67%, at 7,013.23 points

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Egypt: CIRA Education eyes expansion in Saudi market

Egypt: CIRA Education eyes expansion in Saudi market

Apr 08, 2025

CIRA Education also unveiled investments of EGP 1.4 billion in establishing Saxony Egypt University (SEU), scheduled to open on April 9th

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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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