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: NCCAL signs deal with KOC on maintaining Ahmadi City legacy

Kuwait: NCCAL signs deal with KOC on maintaining Ahmadi City legacy

Nov 18, 2024

The signing ceremony took place at KOC Ahmad Al-Jaber exhibition for oil and gas

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Omani Haj Mission meets operating companies

Omani Haj Mission meets operating companies

Nov 18, 2024

The two-week long registration window came to an end on Sunday, November 17. Following this, the Ministry would launch the scrutinising process, and the results would be acknowledged to the applicants in due course

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Oman: SEZAD nears 2024 goal with 85% tree planting completed in Duqm

Oman: SEZAD nears 2024 goal with 85% tree planting completed in Duqm

Nov 14, 2024

Modern irrigation systems have been installed across all afforestation sites to support sustainability

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Kuwait Amir Representative meets with IMF Chief on COP29 sidelines

Kuwait Amir Representative meets with IMF Chief on COP29 sidelines

Nov 14, 2024

During the meeting, the two delved into topics of economics and investment as well as latest global developments and ways of boosting cooperation between them

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Saudi: Growth of trade exchange in terms of goods and services exceeds $666bln in 2023

Saudi: Growth of trade exchange in terms of goods and services exceeds $666bln in 2023

Nov 14, 2024

The growth of e-commerce constitutes 8% of the total trade in Saudi in 2022, and its revenues are expected to reach $69.33bln by the year 2025

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Qatar: Global factors drive QSE down 147 points

Qatar: Global factors drive QSE down 147 points

Nov 14, 2024

Reflecting the apprehensions in the global oil market and ahead of the key US economic data, the Qatar Stock Exchange (QSE) on Tuesday saw its key index plummet 147 points and market capitalisation erode QR8bn

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Saudi Arabia advances 22 ranks in World Bank’s Statistical Performance Index

Saudi Arabia advances 22 ranks in World Bank’s Statistical Performance Index

Nov 13, 2024

The World Bank recently released the results of the Statistical Systems Maturity and Performance (SPI) assessment, which covers 187 countries

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Kuwait: Electrical Equipment Expo highlights latest innovations in energy, electricity

Kuwait: Electrical Equipment Expo highlights latest innovations in energy, electricity

Nov 13, 2024

The exhibition would be an opportunity for industry leaders, interested parties and investors in the energy and electricity sector to communicate with representatives of public service companies and network operators

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Oman: $296mln investment push for development in North Sharqiyah

Oman: $296mln investment push for development in North Sharqiyah

Nov 13, 2024

These initiatives, alongside other development efforts, are designed to diversify the governorate’s income sources and support sustainable growth

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