Bahrain pushes ahead with Muharraq city redevelopment plan Halliburton wins multi-year Aramco gas development contract Saudi: Kent secures long-term deals with Aramco for future EPC projects Oman and Jordan launch $100mln investment firm Modon, ADIB introduce Abu Dhabi’s first off-plan home financing solutions Abu Dhabi launches maritime investment guide to attract global businesses Saudi Arabia inaugurates over 900km of roads to boost connectivity Gulftainer unveils $2bln global trade infrastructure strategy Saudi Arabia's trade surplus surges 60% to over $24bln in Q1 2026 UAE, Panama discuss boosting trade, investment, supply chains as part of 'UAE Trade Days' Sharjah Chamber registers 30,000 memberships in H1 Saudi tourism spending reaches record $81bln in 2025 Dubai's AMIS breaks ground on Jacob & Co.’s villa community; targets $10bln IPO in three years UAE's new government work model to deploy Agentic AI in public services Indonesia, Kuwait strengthen strategic energy partnership Kuwait unveils framework for 15-year residency for expat investors Riyadh Air takes off on first domestic route to Jeddah Bahrain issues laws to protect investments Qatar's Hamad Port sails into the world's top eight 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

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Kuwait oil price increases to USD 74.90 pb

Kuwait oil price increases to USD 74.90 pb

Mar 17, 2025

In global markets, Brent futures increased by USD 1.07 to USD 69.88 pb, as West Texas crude dropped by USD 1.13 to reach USD 66.55 a barrel

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S&P raises Saudi Arabia’s rating to A+ on economic overhaul

S&P raises Saudi Arabia’s rating to A+ on economic overhaul

Mar 17, 2025

Oil prices will fall to $70 per barrel over 2025-2028 from $81 in 2023

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Saudi Arabia’s GDP grows 1.3% in 2024, driven by non-oil sector expansion

Saudi Arabia’s GDP grows 1.3% in 2024, driven by non-oil sector expansion

Mar 13, 2025

The expansion was driven by a 4.3% rise in non-oil activities and a 2.6% increase in government activities, while oil activities declined by 4.5%

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Gross banks’ assets up by 2.4% to $121.6bln at end of December 2024: CBUAE

Gross banks’ assets up by 2.4% to $121.6bln at end of December 2024: CBUAE

Mar 13, 2025

The money supply aggregate M2 increased by 1.7%

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Doha ranks among top in Asia in Quality of Life Index by City

Doha ranks among top in Asia in Quality of Life Index by City

Mar 13, 2025

This ranking underscores Doha’s rapid transformation into a global hub that seamlessly blends modernity with cultural richness while prioritizing the well-being and satisfaction of its residents

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Kuwait oil price drops to USD 73.31 pb -- KPC

Kuwait oil price drops to USD 73.31 pb -- KPC

Mar 13, 2025

In international markets, forwards of the Brent crude oil rose by 28 cents to reach USD 69.56 pb, and those of the West Texas Intermediate crude climbed by 22 cents to settle at USD 66.25 a barrel

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Dubai to host first-ever International Sports & Entertainment Free Zone cluster

Dubai to host first-ever International Sports & Entertainment Free Zone cluster

Mar 12, 2025

The zone will serve as an industry-focused business hub facilitating licensing for distinct sports and entertainment business activities

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Bahrain ranks 55th in economic freedom

Bahrain ranks 55th in economic freedom

Mar 12, 2025

The index, which evaluates 184 economies, places Bahrain fourth out of 14 countries in the Middle East and North Africa (Mena) region

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Kuwait oil price up 58 cents to USD 74.19 pb

Kuwait oil price up 58 cents to USD 74.19 pb

Mar 12, 2025

The prices of the Brent crude and West Texas Intermediate each went down by USD 1.08 and USD 1.01 to settle respectively at USD 69.28 per barrel and USD 66.03 pb

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