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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Ajman Municipality and Planning Department, TRENDS sign deal

Ajman Municipality and Planning Department, TRENDS sign deal

Oct 03, 2024

The agreement aims to enhance research and round-the-clock action in areas of common interest

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Dubai: RTA completes key traffic improvements around 37 schools

Dubai: RTA completes key traffic improvements around 37 schools

Oct 02, 2024

The completed works targeted several key areas, including Kings' School Dubai on Umm Suqeim Street, The International School of Choueifat and Dubai College on Hessa Street, Al Safa Schools Complex, among others

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Saudi: Non-oil activities contribute 49.9% to GDP, up 4.4% in 2023

Saudi: Non-oil activities contribute 49.9% to GDP, up 4.4% in 2023

Oct 02, 2024

The share of non-oil activities in overall gross domestic product (GDP) of Saudi Arabia recorded a growth of 4.4 percent, reaching 49.9 percent during the year 2023. This was revealed in the Financial Stability Report 2024, released by the Saudi Central Bank (SAMA).

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Saudi Arabia, Kuwait sign MoU to step up cultural ties

Saudi Arabia, Kuwait sign MoU to step up cultural ties

Oct 01, 2024

The MOU focusses on exchange of knowhow over the organization of all cultural initiatives, with the objective of propelling ties to greater levels

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Saudi Arabia expects 2024 deficit to widen to 3% of GDP

Saudi Arabia expects 2024 deficit to widen to 3% of GDP

Oct 01, 2024

Saudi Arabia expects to post a fiscal deficit of $32bln this year

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Central Bank of Kuwait issues '23 financial stability report

Central Bank of Kuwait issues '23 financial stability report

Sep 30, 2024

Included in the report are several boxes touching on emerging issues such as CBKآ’s efforts to curb banking sector liquidity risk and counter digital financial fraud

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Saudi Commerce Chambers launches ATA carnet for temporary import of goods

Saudi Commerce Chambers launches ATA carnet for temporary import of goods

Sep 30, 2024

The ATA Carnet is an international customs document that facilitates the temporary importation of goods for up to one year without incurring duties or undergoing customs procedures

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Kuwait is one of the safest countries globally

Kuwait is one of the safest countries globally

Sep 30, 2024

Europe is the safest continent for travelers

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Kuwait MoI explains citizenship rules

Kuwait MoI explains citizenship rules

Sep 30, 2024

Any person who acquires the Kuwaiti citizenship is subject to the national laws and values, regardless of the duration of holding it

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