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 credit growth pressured in July ‘but household solid’

Kuwait credit growth pressured in July ‘but household solid’

Sep 03, 2024

Business credit inched up a limited 0.1% m/m

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Muscat up 8 places in Smart City Index

Muscat up 8 places in Smart City Index

Aug 29, 2024

Muscat residents identified unemployment, affordable housing and public transport as the top priority areas needing attention

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Central Bank of Oman issues treasury bills worth $130mln

Central Bank of Oman issues treasury bills worth $130mln

Aug 27, 2024

Treasury Bills are short-term highly secured financial instruments issued by the Ministry of Finance

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Kuwait's ministry fast-tracks salary control to address overspending

Kuwait's ministry fast-tracks salary control to address overspending

Aug 26, 2024

The bureau underscored the need for the ministry to “tighten control over salary disbursement to avoid unjust payments, which inflate the revenues of the fiscal year under review; leading to an increase in the expenses for previous fiscal years”

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Bahrain’s re-exports jump 22% to $162mln

Bahrain’s re-exports jump 22% to $162mln

Aug 22, 2024

The UAE and Saudi Arabia remained Bahrain’s top re-export destinations, together accounting for nearly two-thirds of the total

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Oman's public debt falls to $37.41bln

Oman's public debt falls to $37.41bln

Aug 22, 2024

This is mainly attributed to the decrease in net gas revenue and current revenue

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Oman Business Platform records 487,300 transactions in H1 2024

Oman Business Platform records 487,300 transactions in H1 2024

Aug 20, 2024

The ministry’s statistics showed an increase in the number of downloads of the Oman Business Platform app, with 7,245 downloads recorded

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Bahrain: Tamkeen supports salary increase of 1,000 BAS staff

Bahrain: Tamkeen supports salary increase of 1,000 BAS staff

Aug 20, 2024

BAS, the sole operator of ground handling services at Bahrain International Airport, employs 1,500 Bahrainis and contributed to 7.4% of the kingdom’s GDP in 2023, Tamkeen chief executive Maha Mofeez said

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Filipino remittances from Kuwait drop 2.3%

Filipino remittances from Kuwait drop 2.3%

Aug 20, 2024

Data shows that remittances from Filipino workers in the Gulf Cooperation Council countries accounted for 96.17% of the total remittances from the Middle East in the first half of 2024

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