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 down $2.35 to $64.05 pb - KPC

Kuwait crude oil down $2.35 to $64.05 pb - KPC

May 26, 2025

Brent futures dropped 47 cents to US 64.44 pb and West Texas Intermediate lost 37 cents to USD 61.20 pb

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FTA offers Omani exports competitive advantage

FTA offers Omani exports competitive advantage

May 22, 2025

The OEA session focused on the theme, ‘International Customs Policies and Their Impact on the Omani Economy’

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EMSTEEL CEO highlights $1.7bln boost to Abu Dhabi’s GDP

EMSTEEL CEO highlights $1.7bln boost to Abu Dhabi’s GDP

May 22, 2025

Al Remeithi noted that the steel market in the UAE witnessed growth exceeding 20% last year

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Saudi Arabia, Spain sign deal to enhance economic relations

Saudi Arabia, Spain sign deal to enhance economic relations

May 22, 2025

The deal outlines areas of cooperation including the coordination of efforts in economic modeling and policymaking

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Kuwait: Amb. Al-Zain Al-Sabah, KPC CEO discuss strategic ties with US Interior Secretary

Kuwait: Amb. Al-Zain Al-Sabah, KPC CEO discuss strategic ties with US Interior Secretary

May 22, 2025

The Kuwaiti embassy also said it hosted a roundtable discussion with Sheikh Nawaf Al-Sabah later today in cooperation with the Washington-based Atlantic Council think tank

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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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