Dubai Cashless Strategy exceeds 2026 targets UAE to participate in World Bank Group and IMF Annual Meetings in Bangkok UAE President receives phone call from Canadian Prime Minister Etihad Rail putting UAE’s property market on a new track, says expert Sharjah recorded 45% growth in FDI projects in 2025 Saudi Arabia plans IPO, short-selling reforms within 90 days: CMA NBB expands Bahrain real estate partnerships with two new deals His Majesty Sultan Haitham reviews economic, investment projects at SEZ in Duqm Ras Al Khaimah Chamber, Greater Miami Chamber of Commerce strengthen trade, investment ties Saudi ranks among world's top countries in trade indicators UAE deploys $272mln fund to bolster critical industries Etihad Rail, AD Ports launch direct Fujairah-Abu Dhabi freight service Sharjah-Oman logistics corridor cargo value jumps 66% to $463mln Saudi Arabia seeks greater private-sector role in industrial growth Oman Islamic banking assets top over $24bln Salama, Ajman Bank establish strategic partnership CBUAE, Mastercard conclude programme to strengthen national capabilities in fraud risk management Qatar Chamber enhances trade relations with Malaysia's Malacca State Saudi business confidence climbs to 56.7 points on industry, services gains Qassim Cement to acquire 100% of A-Mix for $17.3mln Oman, US discuss financial crime cooperation Saudi's HADAF invests $522mln through 26 strategic partnerships to train, employ 16,000 citizens Qatar, North Macedonia sign agreement to strengthen cooperation in labour sector Sharjah draws investment projects worth $2.1bln in 2025 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

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Oman: Manah II solar IPP commences commercial operations

Oman: Manah II solar IPP commences commercial operations

Dec 31, 2024

Manah II stands as Sembcorp’s largest utility-scale solar farm within its global renewables portfolio

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Kuwait: New tax on MNEs enhance national economy

Kuwait: New tax on MNEs enhance national economy

Dec 31, 2024

A new executive bylaw would be made in the upcoming period to regulate implementing the imposed tax

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Bahrain: Top firms vying for Hidd Independent Water Project

Bahrain: Top firms vying for Hidd Independent Water Project

Dec 31, 2024

The project, which will have a net capacity of 60 MIGD of potable water, is being implemented on a build, own and operate (BOO) basis

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Oman’s central bank approves regulations for Banking Deposits Protection Law

Oman’s central bank approves regulations for Banking Deposits Protection Law

Dec 30, 2024

Open banking will play a significant role in advancing the development of innovative financial products

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Kuwait, US eye closer cooperation

Kuwait, US eye closer cooperation

Dec 30, 2024

The two sides also focused on the mechanisms of developing investments and strategic partnerships in different sectors

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Bahrain: New policies ‘to boost SME sector and foster growth’

Bahrain: New policies ‘to boost SME sector and foster growth’

Dec 30, 2024

The Bahrain Small and Medium Enterprises Development Society is focusing on advanced marketing and promotional strategies to empower local entrepreneurs

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Omani banks excel in digital transformation

Omani banks excel in digital transformation

Dec 26, 2024

There is superiority in the region's banks in digital transformation, such that they have become superior to their counterparts in global banks after their success in adopting digital transformation by 87% of their daily transactions

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Kuwait Cabinet approves bill on multinational entities' taxes law

Kuwait Cabinet approves bill on multinational entities' taxes law

Dec 26, 2024

His Highness the Prime Minister also referred to his official talks with his Indian peer that focused on means of boosting bilateral historic relations for wider horizons in all fields to serve the two peoples' interest

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Kuwaiti Cabinet approves bill imposing 15% tax on multinational entities

Kuwaiti Cabinet approves bill imposing 15% tax on multinational entities

Dec 25, 2024

The law aims to curb tax evasion and prevent sending tax revenues to other countries

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