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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Commercial registrations surge in Saudi's Madinah region

Commercial registrations surge in Saudi's Madinah region

Sep 05, 2024

The region saw an overall increase in economic activities, according to the National Classification for the Economic Activities report

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SCCI to facilitate trade ties between UAE, Nepal private sectors

SCCI to facilitate trade ties between UAE, Nepal private sectors

Sep 05, 2024

The MoU would seek to advance shared economic interests by increasing exports across sectors such as trade, handicrafts, gold, and agriculture

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Mashreq expands corporate digital banking in Bahrain

Mashreq expands corporate digital banking in Bahrain

Sep 04, 2024

Mashreq’s Neo Corp digital banking platform provides access to a range of cash management and trade services

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Public sector loans drive Qatar banks’ credit growth in July: QNBFS

Public sector loans drive Qatar banks’ credit growth in July: QNBFS

Sep 04, 2024

Loans went up by 3.8% in 2024, compared to a growth of 2.5% in 2023

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Saudi, Singaporean Industry Ministers discuss Kingdom's investment opportunities

Saudi, Singaporean Industry Ministers discuss Kingdom's investment opportunities

Sep 03, 2024

During the meeting at the Singaporean Ministry of Trade and Industry, Alkhorayef highlighted the Kingdom's strategic location, which connects the Asian, African, and European continents, as well as its abundant and diverse natural resources

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Saudi Arabia’s non-oil sector marks growth in August, but still below 2022 average

Saudi Arabia’s non-oil sector marks growth in August, but still below 2022 average

Sep 03, 2024

The kingdom’s PMI rose to 54.8 for August, a 0.4 increase from July’s index

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Kuwait credit growth pressured in July ‘but household solid’

Kuwait credit growth pressured in July ‘but household solid’

Sep 03, 2024

Business credit inched up a limited 0.1% m/m

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SMEs crucial to Kuwait’s economic growth & diversification

SMEs crucial to Kuwait’s economic growth & diversification

Sep 02, 2024

These enterprises are diversified across various sectors, with 40% in wholesale, retail trade, hotels, and restaurants, and 33 percent in construction and industry

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Bahrain to impose 15% minimum tax on large multinationals starting 2025

Bahrain to impose 15% minimum tax on large multinationals starting 2025

Sep 02, 2024

Minimum 15% tax rate on profits for MNEs with global revenues exceeding 750 million euros, state agency reported

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