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 Dubai's ruler via "X": Whoever bets on the UAE is betting on growth, prosperity, and a better future Saudi Crown Prince, UAE president affirm GCC commitment to support regional security Mohammed bin Rashid issues Decree on Central Grievances Committee for Dubai Government employees Saudi Arabia updates Nitaqat Saudization calculation through Qiwa contracts Medcare launches its second hospital in Sharjah Iraqi-UAE consortium plans $700mln fast data cable network Kuwait oil price up $1.22 to $66.40 pb GCC businesses to maintain strong credit profiles in 2026: S&P Saudi, US firms to partner on northeast Syria energy project Saudi: Al-Khateeb says tourism GDP target doubled to $160bln as private sector urged to scale up investment ADNIC: Strong economy helps insurer deliver positive performance Saudi Arabia, Spain agree for cooperation in civil aviation and modern transportation modes UAE World’s Coolest Winter campaign generates $3.4bln in hotel revenues Qatar, Germany sign agreement to launch innovation hub in Doha Kuwait’s real estate sees shift in investor behavior Abu Dhabi's Aldar, Mubadala form $2.7bln luxury retail joint venture Ras Al Khaimah seeks investments from China and Hong Kong in real estate, green sectors QatarEnergy signs long-term helium sales agreement with Air Liquide Oman, Kuwait fund sign $32.2mln financing deal for Duqm roads project Kuwait scraps oil tenders worth $10bln after bids exceed budget Qatar successfully conducts self-driving Robotaxi public trials at Old Doha Port Dubai's Emirates NBD posts net profit rise in 2025 driven by record lending growth Saudi ministry recalls 1,778 BAIC BJ40 vehicles due to a defective brake system Oman signs power deals with Qatar's Nebras and Korea Western Power worth $2.6bln

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Saudi Arabia's non-oil exports rise 10.7% in March

Saudi Arabia's non-oil exports rise 10.7% in March

May 27, 2025

Commodity exports declined by 9.8% in March 2025 to SR93.78 billion, compared to March 2024, due to a 16.1% decline in petroleum exports to SR 66.74 billion

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Bahrain’s economy is on track for significant transformation

Bahrain’s economy is on track for significant transformation

May 27, 2025

These initiatives are meticulously crafted to bolster Bahrain’s and the broader Gulf region’s economic landscape across critical sectors: official

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MiN. Al-Fassam: Kuwait financed IsDB projects worth over $980mln

MiN. Al-Fassam: Kuwait financed IsDB projects worth over $980mln

May 27, 2025

Kuwait is proud of its founding membership of the IsDB since August 12, 1974, which reflects its ongoing commitment to supporting Islamic economic cooperation and achieving integration among member states

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Ministry of Economy highlights Saudi Arabia's key economic indicators for April 2025

Ministry of Economy highlights Saudi Arabia's key economic indicators for April 2025

May 26, 2025

Unemployment for Saudi Arabia showed a rate of 7.0% in the fourth quarter of 2024: GASTAT

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Oman: PDO offers high-potential oil acreage for investment

Oman: PDO offers high-potential oil acreage for investment

May 26, 2025

Area-A in Qarn Alam Cluster is thought to hold over 1 billion barrels of STOIIP

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Kuwait crude oil down $2.35 to $64.05 pb - KPC

Kuwait crude oil down $2.35 to $64.05 pb - KPC

May 26, 2025

Brent futures dropped 47 cents to US 64.44 pb and West Texas Intermediate lost 37 cents to USD 61.20 pb

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FTA offers Omani exports competitive advantage

FTA offers Omani exports competitive advantage

May 22, 2025

The OEA session focused on the theme, ‘International Customs Policies and Their Impact on the Omani Economy’

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EMSTEEL CEO highlights $1.7bln boost to Abu Dhabi’s GDP

EMSTEEL CEO highlights $1.7bln boost to Abu Dhabi’s GDP

May 22, 2025

Al Remeithi noted that the steel market in the UAE witnessed growth exceeding 20% last year

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Saudi Arabia, Spain sign deal to enhance economic relations

Saudi Arabia, Spain sign deal to enhance economic relations

May 22, 2025

The deal outlines areas of cooperation including the coordination of efforts in economic modeling and policymaking

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