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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Kuwait crude oil gain 11 cents Wed. to $69.14 pb - KPC

Kuwait crude oil gain 11 cents Wed. to $69.14 pb - KPC

Apr 24, 2025

Brent futures rose USD 1.18 to USD 65.85 pb and West Texas Intermediate (WTI) was USD 1.14 higher to USD 62.47 pb

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S&P downgrades Bahrain's outlook to 'negative' on weak financing conditions

S&P downgrades Bahrain's outlook to 'negative' on weak financing conditions

Apr 24, 2025

Lower oil prices, maintenance at the Abu Sa'fah oil field, market volatility affecting funding costs, and higher social spending are expected to keep fiscal deficits elevated

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IMF cuts Saudi 2025 growth forecast, flags slower oil rebound as a drag on region

IMF cuts Saudi 2025 growth forecast, flags slower oil rebound as a drag on region

Apr 24, 2025

Oil-dependent governments are coming under pressure from the lowest crude prices since the COVID-19 pandemic

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Kuwait: Finance ministry warns companies over delayed income tax payments

Kuwait: Finance ministry warns companies over delayed income tax payments

Apr 23, 2025

Citing Article Eight of the Income Tax Decree, the ministry reiterated that late payments are subject to a penalty of 1% for every 30 days—or part thereof–of delay

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Economic cooperation anchors Oman-Russia partnership

Economic cooperation anchors Oman-Russia partnership

Apr 23, 2025

The visit is particularly noteworthy as it represents the first time an Omani Sultan has officially visited the Russian Federation

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Saudi Crown Prince and Indian PM Modi hold wide ranging talks in Jeddah

Saudi Crown Prince and Indian PM Modi hold wide ranging talks in Jeddah

Apr 23, 2025

During the meeting, they reviewed aspects of bilateral relations between the two friendly countries as well as ways to enhance and develop them in various fields

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Qatar: QFZ and BIOCAD sign MoU to establish biotechnology and pharmaceuticals activities

Qatar: QFZ and BIOCAD sign MoU to establish biotechnology and pharmaceuticals activities

Apr 22, 2025

The MoU seeks to create conditions for cooperation in strategic areas such as new technologies, logistics and biomedical sciences

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Kuwait plans nearly $6bln spend on infrastructure in 2025-26

Kuwait plans nearly $6bln spend on infrastructure in 2025-26

Apr 22, 2025

The budget includes capital spending of nearly $5.7bln and more than 90 projects

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Gulf issuers plan more debt sales, undeterred by recent market turmoil, sources say

Gulf issuers plan more debt sales, undeterred by recent market turmoil, sources say

Apr 22, 2025

Markets have been volatile since Trump announced sweeping tariffs on April 2, even after he rolled most of them back, as investors struggle to gauge where his policies are headed

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