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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Bahrain: Member questions jobs for foreigners in civil services

Bahrain: Member questions jobs for foreigners in civil services

Dec 12, 2024

A total of BD180,000 is spent on foreigners’ transportation every year while BD160,000 is given as phone allowances

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Qatar backs move to set up joint power plants

Qatar backs move to set up joint power plants

Dec 12, 2024

These power plants could serve multiple Gulf countries through shared electric connections, enhancing energy security and integration across the region

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Qatar Executive adds Starlink Internet services to Gulfstream G650ER fleet

Qatar Executive adds Starlink Internet services to Gulfstream G650ER fleet

Dec 11, 2024

This addition marks a new era of “seamless, high-speed” inflight connectivity for its passengers, “setting a benchmark” in private aviation and aligning with the company’s mission to remain at the forefront of aviation technology

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Oman: Muttrah waterfront set for transformation

Oman: Muttrah waterfront set for transformation

Dec 11, 2024

The Muttrah Cable Car project will be the longest cable car route over the sea in the Middle East

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Kuwait: Heirs not liable for debts if insurance coverage in place

Kuwait: Heirs not liable for debts if insurance coverage in place

Dec 11, 2024

The court stated that the insurance companies with which the banks had signed loan insurance agreements are responsible for repaying the loans in case of the person’s death or inability to work

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Oman Air dismisses rumours on mass layoffs

Oman Air dismisses rumours on mass layoffs

Dec 10, 2024

A severance package has been offered to those who were not assigned roles in the new structure, despite the significant associated costs, as a gesture of appreciation for their service

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Kuwait to cut services for biometric holdouts

Kuwait to cut services for biometric holdouts

Dec 10, 2024

The Ministry has made it clear that individuals must book an appointment through the “Meta” platform or the “Sahel” application and then proceed to complete the biometric fingerprint process on the appointed date and time

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Oman: World’s second-largest polymer project breaks ground in Sohar

Oman: World’s second-largest polymer project breaks ground in Sohar

Dec 09, 2024

The $300mn project will occupy 240,000 sqm area within Sohar Port, demonstrating a strong commitment to technological advancement and industrial growth

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Kuwait charts tax revamp with 15% corporate rate

Kuwait charts tax revamp with 15% corporate rate

Dec 09, 2024

The draft indicates that the tax would apply to profits starting after January 1, 2025, specifically targeting multinational groups

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