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’s non-oil sector improves in September on rise in output, new orders – PMI

Saudi’s non-oil sector improves in September on rise in output, new orders – PMI

Oct 03, 2024

The Riyad Bank PMI rose to 56.3 last month

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Qatar, Tajikistan review trade, investment ties

Qatar, Tajikistan review trade, investment ties

Oct 03, 2024

The meetings discussed topics of mutual interest aimed at enhancing cooperation in trade, investment, and industry, as well as ways to support and develop these sectors

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Growth in UAE’s non-oil business sector slows in September - PMI

Growth in UAE’s non-oil business sector slows in September - PMI

Oct 03, 2024

The seasonally adjusted S&P Global UAE Purchasing Managers' Index (PMI) dipped to 53.8 in September

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Ajman Municipality and Planning Department, TRENDS sign deal

Ajman Municipality and Planning Department, TRENDS sign deal

Oct 03, 2024

The agreement aims to enhance research and round-the-clock action in areas of common interest

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Dubai: RTA completes key traffic improvements around 37 schools

Dubai: RTA completes key traffic improvements around 37 schools

Oct 02, 2024

The completed works targeted several key areas, including Kings' School Dubai on Umm Suqeim Street, The International School of Choueifat and Dubai College on Hessa Street, Al Safa Schools Complex, among others

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Saudi: Non-oil activities contribute 49.9% to GDP, up 4.4% in 2023

Saudi: Non-oil activities contribute 49.9% to GDP, up 4.4% in 2023

Oct 02, 2024

The share of non-oil activities in overall gross domestic product (GDP) of Saudi Arabia recorded a growth of 4.4 percent, reaching 49.9 percent during the year 2023. This was revealed in the Financial Stability Report 2024, released by the Saudi Central Bank (SAMA).

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Saudi Arabia, Kuwait sign MoU to step up cultural ties

Saudi Arabia, Kuwait sign MoU to step up cultural ties

Oct 01, 2024

The MOU focusses on exchange of knowhow over the organization of all cultural initiatives, with the objective of propelling ties to greater levels

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Saudi Arabia expects 2024 deficit to widen to 3% of GDP

Saudi Arabia expects 2024 deficit to widen to 3% of GDP

Oct 01, 2024

Saudi Arabia expects to post a fiscal deficit of $32bln this year

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Central Bank of Kuwait issues '23 financial stability report

Central Bank of Kuwait issues '23 financial stability report

Sep 30, 2024

Included in the report are several boxes touching on emerging issues such as CBKآ’s efforts to curb banking sector liquidity risk and counter digital financial fraud

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