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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Kuwait oil price down USD 1.9 to USD 77.25 pb

Kuwait oil price down USD 1.9 to USD 77.25 pb

Feb 26, 2025

The prices of the Brent crude and West Texas Intermiedate went up each by 35 and 30 centst to settle respectively at USD 74.78 pb and USD 70.70 pb

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Indian businesses lead with 16,623 new Dubai Chamber registrations in 2024

Indian businesses lead with 16,623 new Dubai Chamber registrations in 2024

Feb 26, 2025

This reflects Dubai’s increasing appeal as a global investment destination and the growing diversity of new investors in the emirate

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Saudi Arabia ranks first globally in government trust and future outlook

Saudi Arabia ranks first globally in government trust and future outlook

Feb 26, 2025

This achievement underscores the success of Vision 2030 in strengthening institutional stability and governance, making Saudi Arabia a global benchmark for public trust

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Saudi, New Zealand foreign ministers explore ways to enhance cooperation

Saudi, New Zealand foreign ministers explore ways to enhance cooperation

Feb 25, 2025

The ministers reviewed bilateral relations and explored ways to further strengthen and enhance cooperation in line with the aspirations of both nations

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Saudi: Savings, time deposits exceed $253.06bln by end of 2024

Saudi: Savings, time deposits exceed $253.06bln by end of 2024

Feb 24, 2025

These deposits accounted for 32.5% of the total broad money supply

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Saudi Arabia, Rwanda to establish joint business council

Saudi Arabia, Rwanda to establish joint business council

Feb 24, 2025

The forum explored investment opportunities in Rwanda, focusing on sectors like tourism, mining, and construction, and discussed strategies to increase trade and investment volumes

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JPMorgan’s reclassification of Kuwait signals strong economic prospects

JPMorgan’s reclassification of Kuwait signals strong economic prospects

Feb 24, 2025

JPMorgan removes Kuwait from emerging market index

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Qatari-Turkish joint financial, economic committee meeting convenes

Qatari-Turkish joint financial, economic committee meeting convenes

Feb 24, 2025

The committee reviewed the economic expertise and the importance of capitalizing on the two nations' experiences

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Jordan, Kuwait Fund sign $65.2mln agreements for education, infrastructure projects

Jordan, Kuwait Fund sign $65.2mln agreements for education, infrastructure projects

Feb 20, 2025

Each project is valued at 10 million Kuwaiti dinars, which equals some $32.6 million

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