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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Kuwait heads towards rapid sustainable urban development through ambitious plans

Kuwait heads towards rapid sustainable urban development through ambitious plans

Nov 19, 2024

In the last decade, Kuwait had delivered thousands of housing units for citizens in addition embarking on new housing projects in service of the country

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New Law of Commercial Registration expected to spur Saudi investment by 8.8%

New Law of Commercial Registration expected to spur Saudi investment by 8.8%

Nov 19, 2024

The report paints a vibrant picture of the Saudi private sector's current impact, revealing its $453bln contribution to the GDP and a total of 1.5mln active commercial registrations

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Saudi ministers meet UK's defense secretary to strengthen bilateral ties

Saudi ministers meet UK's defense secretary to strengthen bilateral ties

Nov 18, 2024

The two officials also reviewed joint efforts to address regional challenges and ensure security and stability at both regional and global levels

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Kuwait: NCCAL signs deal with KOC on maintaining Ahmadi City legacy

Kuwait: NCCAL signs deal with KOC on maintaining Ahmadi City legacy

Nov 18, 2024

The signing ceremony took place at KOC Ahmad Al-Jaber exhibition for oil and gas

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Omani Haj Mission meets operating companies

Omani Haj Mission meets operating companies

Nov 18, 2024

The two-week long registration window came to an end on Sunday, November 17. Following this, the Ministry would launch the scrutinising process, and the results would be acknowledged to the applicants in due course

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Oman: SEZAD nears 2024 goal with 85% tree planting completed in Duqm

Oman: SEZAD nears 2024 goal with 85% tree planting completed in Duqm

Nov 14, 2024

Modern irrigation systems have been installed across all afforestation sites to support sustainability

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Kuwait Amir Representative meets with IMF Chief on COP29 sidelines

Kuwait Amir Representative meets with IMF Chief on COP29 sidelines

Nov 14, 2024

During the meeting, the two delved into topics of economics and investment as well as latest global developments and ways of boosting cooperation between them

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Saudi: Growth of trade exchange in terms of goods and services exceeds $666bln in 2023

Saudi: Growth of trade exchange in terms of goods and services exceeds $666bln in 2023

Nov 14, 2024

The growth of e-commerce constitutes 8% of the total trade in Saudi in 2022, and its revenues are expected to reach $69.33bln by the year 2025

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Qatar: Global factors drive QSE down 147 points

Qatar: Global factors drive QSE down 147 points

Nov 14, 2024

Reflecting the apprehensions in the global oil market and ahead of the key US economic data, the Qatar Stock Exchange (QSE) on Tuesday saw its key index plummet 147 points and market capitalisation erode QR8bn

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