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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Kuwait seeks to tap foreign investment as impetus to economic growth

Kuwait seeks to tap foreign investment as impetus to economic growth

Oct 31, 2024

The State of Kuwait is eyeing partnership with major global companies, marking investments that would drive the wheels for economic growth forward

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Non-oil revenues represent 52% of Saudi’s GDP – Minister of Finance

Non-oil revenues represent 52% of Saudi’s GDP – Minister of Finance

Oct 31, 2024

Mohammed Al-Jadaan reveals the kingdom has recalibrated its growth plans in the face of growing challenges

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NBK-Bahrain introduces Privilege Banking service

NBK-Bahrain introduces Privilege Banking service

Oct 30, 2024

The service aims to elevate the customer experience with features like priority call centre access and higher ATM withdrawal limits

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Eighth Future Investment Initiative conference launches in Riyadh on Tuesday

Eighth Future Investment Initiative conference launches in Riyadh on Tuesday

Oct 29, 2024

The FII aims to explore all possible ventures that would contribute to Saudi Vision 2030 focused on diversifying the Kingdom's economy and become less dependent on oil

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Kuwait resumes loan collection

Kuwait resumes loan collection

Oct 29, 2024

It is worth noting that the postponement of installment collections from SME owners financed by the National Fund began in October 2020 for six months, ending in March 2021, due to the repercussions of the COVID-19 crisis

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Dubai Crown Prince approves new initiatives to foster growth of startups, develop national tech talent, drive innovation

Dubai Crown Prince approves new initiatives to foster growth of startups, develop national tech talent, drive innovation

Oct 23, 2024

The projects and initiatives are designed to support the UAE’s development objectives and reinforce its status as a leading hub for future industries

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Cabinet: Saudi Arabia's hosting of 2026 Gulf-EU Summit would bolster bilateral ties

Cabinet: Saudi Arabia's hosting of 2026 Gulf-EU Summit would bolster bilateral ties

Oct 23, 2024

The Council of Ministers expressed its aspiration that the summit would be an additional boost to bolstering bilateral relations between the member countries of GCC and the European Union

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Kuwait: Al-Mashaan tells Cabinet she will sign roads face-lifting contracts tomorrow

Kuwait: Al-Mashaan tells Cabinet she will sign roads face-lifting contracts tomorrow

Oct 23, 2024

The minster had already declared that she planned to sign up to 18 contracts to face-lift and overhaul the country's roads' networks

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Emirates Transport to pilot test hydrogen and electric vehicles

Emirates Transport to pilot test hydrogen and electric vehicles

Oct 17, 2024

The partnership will evaluate the feasibility of these sustainable vehicles and execute pilot projects for their use and aims to foster innovation and position the UAE as a leader in sustainable transportation

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