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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Ministry suspends accounts of 5 charitable societies for missing reports

Ministry suspends accounts of 5 charitable societies for missing reports

Sep 23, 2024

Measure is aimed at ensuring transparency and does not imply any serious violations that would warrant the suspension of the organization's operations

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Dreams turned into reality as Saudi Arabia turns 94

Dreams turned into reality as Saudi Arabia turns 94

Sep 23, 2024

The vision represents a journey toward a future brimming with opportunities for the Kingdom’s ambitious and creative youth.

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Centi-millionaires in Dubai, Abu Dhabi and Riyadh to surge by 150%

Centi-millionaires in Dubai, Abu Dhabi and Riyadh to surge by 150%

Sep 19, 2024

Dubai, Abu Dhabi currently among top 50 cities for super wealthy

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Kuwait central bank cuts discount rate by 25 bps – statement

Kuwait central bank cuts discount rate by 25 bps – statement

Sep 19, 2024

The Federal Reserve cut U.S. interest rates by half a percentage point

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GCC non-energy sectors to grow at 4.4% in 2025: Oxford Economics

GCC non-energy sectors to grow at 4.4% in 2025: Oxford Economics

Sep 18, 2024

The report highlighted that while economic growth in the Middle East is projected at 2.1% in 2024, a significant acceleration to 3.7% is expected in 2025

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KAUST Launches Pioneering Centers of Excellence to Address Key National and International Priorities

KAUST Launches Pioneering Centers of Excellence to Address Key National and International Priorities

Sep 16, 2024

King Abdullah University of Science and Technology (KAUST) has issued a press release announcing the launch of four pioneering Centers of Excellence (CoEs) to drive research and development in priority national and international fields.

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Oman unveils 151 new investment opportunities

Oman unveils 151 new investment opportunities

Sep 11, 2024

This move aims to foster commercial and agricultural advancements

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Kuwait and Malaysia boost economic ties

Kuwait and Malaysia boost economic ties

Sep 11, 2024

The Malaysian delegation chose Kuwait to be their first visiting destination and will continue their visit in the region

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Oman oil exports reach 179mln barrels until end of July

Oman oil exports reach 179mln barrels until end of July

Sep 09, 2024

The average daily oil production reached 994,800 barrels until the end of July

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