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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Fitch affirms Saudi Arabia’s Credit Rating at ‘A+’ with a Stable Outlook

Fitch affirms Saudi Arabia’s Credit Rating at ‘A+’ with a Stable Outlook

Feb 03, 2025

Fitch projects that the Sovereign Net Foreign Assets will reach 63.7% of gross domestic product (GDP) in 2024-2025

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Kuwait's 2025-26 draft budget sees deficit of around $20.43bln, finance ministry says

Kuwait's 2025-26 draft budget sees deficit of around $20.43bln, finance ministry says

Feb 03, 2025

The draft budget for the fiscal year, which starts on April 1, sees oil revenues at 15.3 billion dinars

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Dubai Trade builds on next generation digital delivery order platform with TRADE+

Dubai Trade builds on next generation digital delivery order platform with TRADE+

Feb 03, 2025

Trade+ facilitates the digital exchange of cargo release documents between shipping lines, freight forwarders, consignees and other trade stakeholders, significantly accelerating the cargo release process

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Qatar Central Bank issues treasury bills worth $467mln

Qatar Central Bank issues treasury bills worth $467mln

Feb 03, 2025

The total bids received for QCB treasury bills amounted to $1.64bln

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Oman: National Economic Diversification Programme discussed

Oman: National Economic Diversification Programme discussed

Jan 30, 2025

The Council approved the minutes of its 10th meeting for the year 2024

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Dubai Centre for Family Businesses launches two toolkits

Dubai Centre for Family Businesses launches two toolkits

Jan 30, 2025

The first toolkit is titled ‘Using Genograms to Navigate Family Business Dynamics’

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Kuwait FM stresses importance of Gulf cooperation to tackle political, economic challenges

Kuwait FM stresses importance of Gulf cooperation to tackle political, economic challenges

Jan 30, 2025

Al-Yahya said that this meeting represents a prominent station in the path of cooperation and integration between the Council countries

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Finance Min: 2025 to be pivotal for Kuwait as gov't works to implement ambitious plans

Finance Min: 2025 to be pivotal for Kuwait as gov't works to implement ambitious plans

Jan 29, 2025

The Minister touched on the expectations and aspirations towards economic development prospects

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Italy, Saudi Arabia ink strategic partnership deals worth $10bln

Italy, Saudi Arabia ink strategic partnership deals worth $10bln

Jan 29, 2025

Among the deals, Italy's credit export agency SACE said it would provide loan guarantees worth $3bln for Saudi Arabia's NEOM real estate project. The deal had already been reported on in November

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