UAE International Investment Council completes senior leadership structure UAE bank assets reach $1.53trln in May, central bank says Bahrain set for major e-invoicing push Dubai Taxi migrates core systems to du's sovereign cloud platform Saudi Aramco considers new pricing for Sidi Kerir oil exports to Asia, sources say PDO to supply up to 200 MW to Oman grid under five-year power deal Invest in Oman secures $1.1bln in projects during H1 2026 Oman achieves new milestone in government digital transformation journey UAE, Jordan sign Memorandum of Understanding to establish Joint Consular Committee UAE reinforces global food standards at Codex meetings in Geneva Bahrain Bourse appoints Al Ramz Capital to expand equity research coverage Al Ansari enters Western Union Partnerships in Bahrain and Kuwait Oman advances in global environmental index QCB grants license to set up first insurance price comparison website in Qatar Saudi PIF set to win EU nod for Electronic Arts deal under subsidy rules, sources say IMF says UAE economy remains resilient despite regional tensions UAE non-oil trade rises 13.1% to $527.5bln in first half of 2026 Bahrain pushes ahead with Muharraq city redevelopment plan Halliburton wins multi-year Aramco gas development contract Saudi: Kent secures long-term deals with Aramco for future EPC projects Oman and Jordan launch $100mln investment firm Modon, ADIB introduce Abu Dhabi’s first off-plan home financing solutions Abu Dhabi launches maritime investment guide to attract global businesses Saudi Arabia inaugurates over 900km of roads to boost connectivity Gulftainer unveils $2bln global trade infrastructure strategy Saudi Arabia's trade surplus surges 60% to over $24bln in Q1 2026 Sharjah Chamber registers 30,000 memberships in H1 Dubai's AMIS breaks ground on Jacob & Co.’s villa community; targets $10bln IPO in three years UAE's new government work model to deploy Agentic AI in public services Indonesia, Kuwait strengthen strategic energy partnership

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Kuwait oil price up 49 cents to $64.66 pb

Kuwait oil price up 49 cents to $64.66 pb

May 21, 2025

The price of Brent crude and West Texas Intermediate globally went up each by 13 and 20 cents, reaching respectively USD 65.54 per barrel and USD 62.69 pb

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Dubai: New decision to protect public employees who report financial or administrative violations

Dubai: New decision to protect public employees who report financial or administrative violations

May 21, 2025

The Decision is issued pursuant to Law No. (4) of 2018 on the establishment of the Financial Audit Authority and its amendments

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Saudi Arabia ready for multiple oil price scenarios, economy minister says

Saudi Arabia ready for multiple oil price scenarios, economy minister says

May 21, 2025

The International Monetary Fund and economists estimate Riyadh needs oil prices of over $90 a barrel to balance its budget

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Qatar Financial Information Unit and Libyan counterpart sign deal to boost cooperation

Qatar Financial Information Unit and Libyan counterpart sign deal to boost cooperation

May 21, 2025

The MoU underscores both parties’ shared commitment to international standards, particularly the recommendations of the Financial Action Task Force

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Kuwait crude oil gain $1.97 Wed. to v64.05 pb - KPC

Kuwait crude oil gain $1.97 Wed. to v64.05 pb - KPC

May 20, 2025

Brent futures dropped USD 1.03 to USD 61.12 pb and West Texas Intermediate lost USD 1.02 to USD 58.07 pb

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Saudi Arabia and Turkey to enhance bilateral cooperation

Saudi Arabia and Turkey to enhance bilateral cooperation

May 20, 2025

They also discussed major developments in the region

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Bahrain’s economy ‘witnesses solid growth in fourth quarter’

Bahrain’s economy ‘witnesses solid growth in fourth quarter’

May 20, 2025

Bahrain’s real Gross Domestic Product expanded by 3.4% year-on-year in Q4 2024

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Non-oil sources will generate 50% of Saudi Arabia's future revenues: Trump

Non-oil sources will generate 50% of Saudi Arabia's future revenues: Trump

May 19, 2025

Non-oil activities in Saudi Arabia have contributed 51% of real GDP in 2024: report

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Qatar records over $2.7bln in FDI in 2024

Qatar records over $2.7bln in FDI in 2024

May 19, 2025

The year also saw a rise in Qatar’s international competitiveness, with the country climbing to 11th in the IMD World Competitiveness Index 2024

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