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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UAE and BRICS: Partnership seeking to enhance global development, prosperity

UAE and BRICS: Partnership seeking to enhance global development, prosperity

Sep 02, 2024

This move aligns with the UAE's long-standing approach of building partnerships with countries, international organisations, and institutions to enhance the competitiveness and sustainability of its economy and explore new growth opportunities

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Saudi’s 2024 inflation forecast revised down to 1.7%

Saudi’s 2024 inflation forecast revised down to 1.7%

Aug 29, 2024

Inflation rates for remainder of the year will still be higher than in H1, says Jadwa

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Muscat up 8 places in Smart City Index

Muscat up 8 places in Smart City Index

Aug 29, 2024

Muscat residents identified unemployment, affordable housing and public transport as the top priority areas needing attention

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Saudi Arabia's date exports grow by 9.9% in H1 2024

Saudi Arabia's date exports grow by 9.9% in H1 2024

Aug 29, 2024

Kingdom exported more than SAR751 million worth of dates in the first six months of this year

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Saudi Housing Minister concludes US visit with multiple agreements

Saudi Housing Minister concludes US visit with multiple agreements

Aug 27, 2024

These agreements aim to develop real estate refinance market programs, expand access to local and international capital markets, and diversify funding sources through fixed income markets

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Central Bank of Oman issues treasury bills worth $130mln

Central Bank of Oman issues treasury bills worth $130mln

Aug 27, 2024

Treasury Bills are short-term highly secured financial instruments issued by the Ministry of Finance

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Saudi trade surplus surpasses $26.13bln in 2Q 2024

Saudi trade surplus surpasses $26.13bln in 2Q 2024

Aug 27, 2024

Saudi Arabia’s international trade surpassed $130.84bln, with merchandise exports totaling $78.53bln, comprising 60% of the overall trade

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Kuwait's ministry fast-tracks salary control to address overspending

Kuwait's ministry fast-tracks salary control to address overspending

Aug 26, 2024

The bureau underscored the need for the ministry to “tighten control over salary disbursement to avoid unjust payments, which inflate the revenues of the fiscal year under review; leading to an increase in the expenses for previous fiscal years”

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Saudi, Bosnian FMs discuss ways to intensify bilateral cooperation

Saudi, Bosnian FMs discuss ways to intensify bilateral cooperation

Aug 26, 2024

During the meeting, the ministers explored avenues to strengthen bilateral relations. They discussed ways to further intensify cooperation on matters of mutual interest

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