Sharjah eyes Ethiopia investment opportunities amid growing UAE-Africa trade Saudi Arabia to raise minimum wage threshold Bahrain poised for V-shaped rebound in 2027 after energy sector setback US bank J.P. Morgan facilitates Syrian deal for Saudi oil products Abu Dhabi advances UK investment ties through London forum, 56 meetings Abdullah bin Zayed joins trilateral meeting with FMs of US, India Dubai's GDP reaches $129bln in H1 2026 Saudi economy remains resilient despite Middle East conflict, SAMA governor says Middle East economy set for strong 6.6% rebound in 2027: IMF Technology, start-ups can double India-UAE trade to $200bln: Forum 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

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Austrian trade delegation to visit Kuwait for economic talks in May

Austrian trade delegation to visit Kuwait for economic talks in May

May 05, 2025

Austria is also an active European supporter of sustainable development projects, while Kuwait is working under its 2035 vision to diversify its economy and engage with new markets and international partners

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Kuwait oil price down $2.12 to $67.42 pb

Kuwait oil price down $2.12 to $67.42 pb

May 01, 2025

At the global level, the price of the Brent crude went down by USD 1.61 to USD 64.25 per barrel, the same occurred to the West Texas Intermediate, which went down by USD 1.63 to USD 60.42 pb

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QatarEnergy reduces petrol, diesel prices for May 2025

QatarEnergy reduces petrol, diesel prices for May 2025

May 01, 2025

The cost for Diesel has also been reduced and in the coming month will be charged at QR1.95 per litre.

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Kuwait oil price down 40 cents to $69.54 pb

Kuwait oil price down 40 cents to $69.54 pb

Apr 30, 2025

At the global level, the price of the Brent crude went down by USD 1.01 to USD 65.86 per barrel, the same occurred to the West Texas Intermediate, which went down by 97 cents to USD 62.05 pb

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Saudi non-oil exports surge 14.3% to $6.96bln in February

Saudi non-oil exports surge 14.3% to $6.96bln in February

Apr 29, 2025

Non-oil national exports (excluding re-exports) rose by 0.7% to SR16.07 billion

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IMF lowers Oman’s GDP growth forecast to 2.3% for 2025

IMF lowers Oman’s GDP growth forecast to 2.3% for 2025

Apr 29, 2025

Across the GCC, the IMF downgraded Saudi Arabia’s 2025 GDP growth forecast by 160 basis points to 3.0%, and by 70 basis points for 2026 to 3.7%. Kuwait’s 2025 forecast was reduced by 140 basis points to 1.9%

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Mohammed bin Rashid issues law on government land plots allocation to public entities in Dubai

Mohammed bin Rashid issues law on government land plots allocation to public entities in Dubai

Apr 29, 2025

The law aims to align land allocation with the Dubai 2040 Urban Master Plan

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Kuwait crude oil gain 35 cents Tues. to $69.03 pb - KPC

Kuwait crude oil gain 35 cents Tues. to $69.03 pb - KPC

Apr 28, 2025

Brent futures dropped 21 cents to USD 64.67 pb and West Texas Intermediate declined 20 cents to USD 61.33 pb

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Oman projects 3.4% economic growth for 2025

Oman projects 3.4% economic growth for 2025

Apr 28, 2025

FDI inflows grew by 16.2% in Q3 2024 compared to the same period in 2023

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