Saudi Arabia records $1.54bln in POS transactions in one week UAE non-oil growth hits fastest pace since December 2024, PMI shows Oman’s non-oil exports rise 11.4% to $9.3bln, re-exports jump 20% UAE participates in second G20 Finance Ministers and Central Bank Governors meeting Saudi Arabia and Syria sign 4 pacts to boost cooperation in transport and logistics sectors Geological assets drive mining, manufacturing growth in Fujairah RAK Chamber explores trade, investment opportunities at UAE-Lebanon Business Forum Saudi Arabia agrees to raise Pakistani agricultural and food exports to $3bln UAE investment council launches data tools to boost overseas investment Oman's public revenue rises 13% to $17.2bln in first half of 2026 Saudi Arabia’s construction costs rise 2.3% in July 2026 ADIB provides $37mln Islamic financing for Glasgow logistics hub Oman’s tea and coffee imports hit record highs Total value of Bahraini exports hit $5.04bln Oman: ARA eyes Q3 2027 gas pipeline launch Oman: Sohar International establishes innovation hub at Terminal 11 to support fintech growth Bahrain's Benefit unveils Digital Direct Debit service Saudi: Civil Defense requires third-party insurance for licensing and renewals of certain activities Saudi PIF annualised total shareholder returns fall to 5.8% as some assets lose value Saudi Aramco offers crude outside Hormuz to some Asian refiners, sources say Ten agreements signed to localise electrical transformer component manufacturing in Oman Khareef lifts Salalah Airport passenger arrivals by 8% Fuel tanker grounding: NCEM activated in Oman Oman to develop four industrial cities under Five-Year Development Plan 2026-2030 Saudi Arabia breaks into world’s top 10 for private AI investment: World Bank report Kuwait Petroleum Corporation posts three-year profit high of $6.9bln in FY 25/26 HSBC Private Bank appoints Feras Al Jaramani to lead its UAE Market UAE extends small business relief for corporate tax until December 2029 Saudi business sector surges with 46,900 new companies in 1H 2026 Solar power set for strong growth in Qatar

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Kuwait oil price up 49 cents to $64.66 pb

Kuwait oil price up 49 cents to $64.66 pb

May 21, 2025

The price of Brent crude and West Texas Intermediate globally went up each by 13 and 20 cents, reaching respectively USD 65.54 per barrel and USD 62.69 pb

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Dubai: New decision to protect public employees who report financial or administrative violations

Dubai: New decision to protect public employees who report financial or administrative violations

May 21, 2025

The Decision is issued pursuant to Law No. (4) of 2018 on the establishment of the Financial Audit Authority and its amendments

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Saudi Arabia ready for multiple oil price scenarios, economy minister says

Saudi Arabia ready for multiple oil price scenarios, economy minister says

May 21, 2025

The International Monetary Fund and economists estimate Riyadh needs oil prices of over $90 a barrel to balance its budget

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Qatar Financial Information Unit and Libyan counterpart sign deal to boost cooperation

Qatar Financial Information Unit and Libyan counterpart sign deal to boost cooperation

May 21, 2025

The MoU underscores both parties’ shared commitment to international standards, particularly the recommendations of the Financial Action Task Force

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Kuwait crude oil gain $1.97 Wed. to v64.05 pb - KPC

Kuwait crude oil gain $1.97 Wed. to v64.05 pb - KPC

May 20, 2025

Brent futures dropped USD 1.03 to USD 61.12 pb and West Texas Intermediate lost USD 1.02 to USD 58.07 pb

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Saudi Arabia and Turkey to enhance bilateral cooperation

Saudi Arabia and Turkey to enhance bilateral cooperation

May 20, 2025

They also discussed major developments in the region

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Bahrain’s economy ‘witnesses solid growth in fourth quarter’

Bahrain’s economy ‘witnesses solid growth in fourth quarter’

May 20, 2025

Bahrain’s real Gross Domestic Product expanded by 3.4% year-on-year in Q4 2024

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Non-oil sources will generate 50% of Saudi Arabia's future revenues: Trump

Non-oil sources will generate 50% of Saudi Arabia's future revenues: Trump

May 19, 2025

Non-oil activities in Saudi Arabia have contributed 51% of real GDP in 2024: report

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Qatar records over $2.7bln in FDI in 2024

Qatar records over $2.7bln in FDI in 2024

May 19, 2025

The year also saw a rise in Qatar’s international competitiveness, with the country climbing to 11th in the IMD World Competitiveness Index 2024

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