Region
Bahrain
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Moon sighting marks the end of Ramadan 2025 and the start of Eid al-Fitr
This expansion showcases greater utilization of government assets to boost economic growth and private partnerships
The UAE President thanked King Salman and Crown Prince for organizing the dialogue
This agreement aims to boost collaboration in promoting the Shaikha Hessa bint Salem Award
With the latest issuance, the total outstanding value of government treasury bills is BHD2.110 billion
Non-oil trade between the UAE and Bahrain hit $4.16 billion, a 26 percent surge
Egypt
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Agreements focus on transportation, health, and education
Total foreign assets of the banking sector reached EGP3.653 trillion
The exchange rate closed at EGP51.19 to $1, up from EGP50.66
The Purchasing Managers' Index fell to 49.2 from 50.1 in February
The Parliament approved macro-financial assistance to Egypt: 452 votes for, 182 against, 40 abstained
The industrial zone aims to establish a sustainable industrial base that drives year-round economic activity and job creation
Kuwait
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With this confirmation, work at all ministries, governmental bodies, and public institutions will be suspended for three days
The agreement was the result of six months of negotiations and aims to enhance cooperation at all levels
The issuance is valid for three months, at an income rate of 4.125 percent
IEA says the world needs to invest $700 billion per year by 2040
These indicators reflect Kuwait's commitment to Vision 2035 as a global financial and investment hub
The UAE imports 22 percent of Kuwait's non-oil exports, ranking third after China and U.S.
MENA
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The conference is hosting 220 companies and 675 institutional investors and fund managers representing 252 global institutions
Türkiye's monthly inflation rate reached 2.46 percent, up from 2.27 percent in February
The Holy Month sparks surge in mobile app engagement and revenue across the region
International passenger demand rose 5.6 percent in February while domestic demand fell 1.9 percent
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
Oman
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Official work in Oman will resume on Sunday, April 6, 2025
Starlink Muscat will cover all geographical areas of Oman with speeds that can reach 100 Megabytes per second
Prices of personal goods up 6.3 percent, transport up 3.4 percent, health up 3.2 percent
If the first day of Eid al-Fitr 2025 is Sunday, official work will resume on Wednesday, April 2, 2025
IEA says the world needs to invest $700 billion per year by 2040
Indian nationals topped passenger numbers at Muscat International Airport with 90,081 arrivals
Qatar
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The weekly bulletin shows properties traded included vacant lands, homes, apartments, and residential units
Eid holiday will begin on March 30 and end on Monday, April 7 in Qatar
March 30 is expected to be the first day of Eid al-Fitr 2025 in Qatar
Strategy aims to develop a business environment that attracts local and foreign investments
In 2024, Qatar's non-oil activities accounted for nearly 64 percent of total GDP
The terminal now spans 842,000 square meters, a 14 percent increase
Saudi Arabia
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Riyadh Air is projected to fly to more than 100 destinations by 2030, supported by an order of over 132 aircraft
The pace of growth has moderated from January's near 14-year high
Surge was fueled by a 13.8 percent increase in inbound visitor spending compared to 2023
Trump's sweeping tariffs will go into effect on April 5, and his reciprocal tariffs will hit on April 9
New laws seek to facilitate starting and operating a business in Saudi Arabia and reduce the financial burden on enterprises
Trump also plans to visit Qatar and the UAE during this trip
United Arab Emirates
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60 percent report a strong need to reskill their workforce, significantly higher than the global average of 49 percent
The CBUAE forecasts an acceleration of growth to 4.7 percent in 2025, reflecting the resilience of the national economy
UAE's debt markets are growing, reflecting its expanding financial ecosystem and strategic sukuk position
Key areas of cooperation include new economy, entrepreneurship, air transport, and advanced industries
Sheikh Hamdan will meet senior officials in New Delhi to enhance bilateral partnerships during his visit
The display captivated over 60,000 spectators and lasted about 20 minutes
Worldwide
See ArticlesSheikh Hamdan will meet senior officials in New Delhi to enhance bilateral partnerships during his visit
Agreements focus on transportation, health, and education
Bitcoin is expected to continue moving similar to equities as global recession fears overshadow any crypto regulatory tailwinds
S&P 500 futures fell 3.5 percent, Nasdaq futures dropped 4.4 percent, increasing total market losses to $6 trillion
Market sell-off continued as investors sold bullion to cover losses amid recession fears from trade war
