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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Emerging economies will continue driving agricultural markets: OECD-FAO Agricultural Outlook

Emerging economies will continue driving agricultural markets: OECD-FAO Agricultural Outlook

Jul 04, 2024

The OECD-FAO Agricultural Outlook 2024-2033 is the key global reference for medium-term prospects for agricultural commodity markets, and this year’s edition marks the 20th edition of the joint publication

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Dubai to offer $6.8bln incentives to attract FDI

Dubai to offer $6.8bln incentives to attract FDI

Jul 03, 2024

The programme aims to attract international companies and support the expansion of existing international companies with bases in Dubai, aligning with the emirate’s ambition to become one of the world’s top three economic cities

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GCC dominates Forbes Middle East’s 2024 top 100 listed companies list

GCC dominates Forbes Middle East’s 2024 top 100 listed companies list

Jun 10, 2024

The list was led by the UAE with 32 firms, followed by Saudi Arabia with 31

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BlackRock appoints Mohammad Al Fahim to lead client business in UAE, Oman and Bahrain

BlackRock appoints Mohammad Al Fahim to lead client business in UAE, Oman and Bahrain

Jun 10, 2024

Al Fahim previously held positions in Goldman Sachs and Mubadala

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GCC tops Dubai Chamber of Commerce export list with $11.11bln

GCC tops Dubai Chamber of Commerce export list with $11.11bln

Jun 04, 2024

The GCC region accounted for 55.50% of total exports and re-exports

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Kuwait's KFAED, Pakistan sign $24.4mln loan funding dam project

Kuwait's KFAED, Pakistan sign $24.4mln loan funding dam project

Jun 04, 2024

The Project aims to support the economic and social development in by enhancing national energy generation from the available hydro resources

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Saudi Arabia, Kuwait sign pact for cooperation in environment protection

Saudi Arabia, Kuwait sign pact for cooperation in environment protection

Jun 04, 2024

One of these MoUs aims to enhance technical cooperation for the protection and preservation of the environment while the second one is meant for mutual recognition of seafarers’ certificates

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Saudi non-oil business activity stumbled in May as new orders growth reached two-year low

Saudi non-oil business activity stumbled in May as new orders growth reached two-year low

Jun 04, 2024

Employment levels increased, offsetting April's decline, PMI numbers revealed

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South Korea, UAE agree to slash import duties, strengthen ties

South Korea, UAE agree to slash import duties, strengthen ties

May 29, 2024

"The special bond between the two leaders serves as an opportunity" to advance the countries' strategic partnership, the office of President Yoon Suk Yeol said

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