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Saudi Arabia, the UAE, Qatar and Kuwait announced today that March 30 will mark the first day of Eid al-Fitr 2025
Gulf funds are strategically pivoting toward Asia, with many establishing new offices throughout Asia-Pacific
For countries that require an accurate crescent sighting, Ramadan is expected to last 30 days and Eid al-Fitr will fall on Monday, March 31
The Group's net operating profit rose 84 percent Y-o-Y in FY24 to $175.9 million
The crescent moon for this year's Shawwal will be born on the evening of Saturday, March 29 at 1:58 PM Doha local time, said Al Ansari
Banks in the UAE will maintain robust growth in their lending activities, bolstered by relaxed monetary policies and a favorable economic environment
Gradual oil output hikes in the GCC region will generate oil-sector growth of 3.2 percent this year, following two years of contraction
West Texas Intermediate (WTI) crude futures also rose by 0.4 percent to $67.61 per barrel
36 percent of UK business leaders now see the Middle East as a key investment hub for the next five years
The volume of workers’ remittances from GCC countries is the highest globally, with the U.S. following closely behind
Reconstruction and recovery requirements following the conflict that affected Lebanon are estimated at $11 billion
Comprehensive, well-designed reforms, and investing in the empowerment of women keep country on track for future growth
In the UAE, equity markets recorded an increase of $69.2 billion in market capitalization
Annual inflation is driven by housing prices up 6.4 percent, goods and services 3 percent, hotels 1.7 percent
The UAE leads regional solar PV growth, with a 23 percent annual average growth rate through 2027
Over three years, 400 women entrepreneurs will receive support to build thriving micro businesses and create jobs
Startups in Saudi Arabia raised $250.3 million across 25 deals last month, leading the region in fundraising
As inflation continues to decelerate, the central bank is widely expected to deliver another 250 basis-point cut this week
Collaboration aims to provide SMEs with the solutions they need to support their long-term growth
The UAE reported the MENA region’s largest M&A deal of the year worth $12.4 billion
Investments related to the expansion of the existing grid between 2023-2028 will reach $1.8 billion
Dubai's share of the GCC region's transactions reached 54 percent at $207 billion
The region’s focus on developing world-class institutions is not just about improving rankings but about building a knowledge-driven economy
Immigrant populations range from as low as 40 percent in Oman to over 88 percent in Qatar
