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 UAE President and Qatar’s Emir discuss fraternal ties and regional developments in phone call Flydubai operates 3,800 flights in March, posts high net promoter score Oman Investment Bank names new CEO Saudi sovereign investor PIF mandates 3yr, 7yr, 30yr USD issuance Abu Dhabi's TA’ZIZ Methanol JV secures $2bn financing for methanol plant Emirates airline posts record net profit despite war impact Qatar unveils support package to steady markets, boost investor confidence Saudi Vision 2030 milestones forge a stronger, diversified, and resilient economy Abu Dhabi non-oil trade jumps 36% to $113bln in 2025; exports rise 63% Qatar's GTA extends 2025 tax return submission deadline until June 30 Qatar targets strategic FDI as global competition intensifies New pharma plant opens in Nizwa, boosting Oman’s drug security Jeddah Tower hits new construction milestone; tops 100 floors 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

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Kuwait's non-oil businesses continue to grow but employment stagnates

Kuwait's non-oil businesses continue to grow but employment stagnates

Aug 05, 2024

PMI data showed work backlogs continue but firms reported difficulties in finding suitably skilled workers

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Qatar Central Bank maintains current interest rates

Qatar Central Bank maintains current interest rates

Aug 01, 2024

QCB has maintained the deposit interest rate at 5.75%, the lending rate from the bank at 6.25%, and the repurchase rate at 6.00%

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Saudi EXIM Bank, InvestChile sign deal to boost economic ties

Saudi EXIM Bank, InvestChile sign deal to boost economic ties

Aug 01, 2024

The deal is a major advancement in fostering economic and trade relations, collaborative investment initiatives, and increased opportunities for cooperation

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Qatar records budget surplus of $713mln in Q2

Qatar records budget surplus of $713mln in Q2

Jul 31, 2024

Total revenue for the second quarter was down 12.4% compared to the prior year period

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Saudi Arabia's Q2 GDP shrinks by an estimated 0.4% y/y

Saudi Arabia's Q2 GDP shrinks by an estimated 0.4% y/y

Jul 31, 2024

GDP had decreased 1.7% in the first quarter of 2024, as cuts to oil production have continued to weigh on the major oil exporter's economy

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Consumer sentiment in Saudi Arabia shows positive trends: Ipsos report

Consumer sentiment in Saudi Arabia shows positive trends: Ipsos report

Jul 30, 2024

The PCSI for May 2024 stands at 72.7, slightly up from 71.9 in April

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Saudi-South Korean trade hits $147.73bln in 5 years

Saudi-South Korean trade hits $147.73bln in 5 years

Jul 30, 2024

In 2023, the trade value between the two countries was $34.61bln

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GCC countries host 9mln Indians

GCC countries host 9mln Indians

Jul 29, 2024

Indians are employed in a wide range of professions

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Saudi finance minister and SAMA governor participate in G20 meeting in Brazil

Saudi finance minister and SAMA governor participate in G20 meeting in Brazil

Jul 29, 2024

The meeting took place on July 25-26, 2024, in Rio de Janeiro, Brazil

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