Region

Leaders of GCC states, Egypt, and Jordan convene in Riyadh to strengthen coordination and consultation

The UAE President thanked King Salman and Crown Prince for organizing the dialogue

Bahrain, Kuwait forge MoU to support youth empowerment, educational development

This agreement aims to boost collaboration in promoting the Shaikha Hessa bint Salem Award

Bahrain’s $265.37 million government treasury bills oversubscribed by 113 percent

With the latest issuance, the total outstanding value of government treasury bills is BHD2.110 billion

UAE President, Bahrain King reaffirm commitment to cooperation and development

Non-oil trade between the UAE and Bahrain hit $4.16 billion, a 26 percent surge

Bahrain, Oman sign 25 cooperation agreements to strengthen bilateral relations

The Double Taxation Agreement aims to strengthen economic ties through improved tax collaboration

Egypt’s foreign reserves soar to $47.39 billion in February

Gold holdings in foreign currency reserves reached approximately $11.851 billion in February, up from $11.416 billion

Muted price pressures support Egypt’s non-oil sector expansion in February, says PMI

Egypt's PMI declined from a 50-month high of 50.7 in January to 50.1 in February

Egypt to benefit from $94.3 million EU loan to boost food security

The country further sought approval for the EUR4 billion package and emphasized SCZONE as key investment destination.

Egypt’s financial inclusion rate soars to 74.8 percent, 52 million citizens now use transaction accounts

This increase results from CBE's collaboration with banks and stakeholders for economic empowerment across society

Leaders of GCC states, Egypt, and Jordan convene in Riyadh to strengthen coordination and consultation

The UAE President thanked King Salman and Crown Prince for organizing the dialogue

Egypt’s central bank keeps interest rates unchanged citing inflation, protectionist policy risks

Interest rates remained unchanged due to the increasingly uncertain global and regional outlook regarding the impact of U.S. protectionist trade policies

Kuwait achieves 100 percent completion in key sustainable development goals: Report

These indicators reflect Kuwait's commitment to Vision 2035 as a global financial and investment hub

UAE joins Kuwait in celebrating 64th National Day as bilateral trade reaches $13.6 billion

The UAE imports 22 percent of Kuwait's non-oil exports, ranking third after China and U.S.

Leaders of GCC states, Egypt, and Jordan convene in Riyadh to strengthen coordination and consultation

The UAE President thanked King Salman and Crown Prince for organizing the dialogue

Bahrain, Kuwait forge MoU to support youth empowerment, educational development

This agreement aims to boost collaboration in promoting the Shaikha Hessa bint Salem Award

Kuwait, Uzbekistan strengthen ties with 4 new agreements as bilateral trade grows 23-fold since 2017

The first agreement between the two countries aimed at enhancing collaboration in the private sector labor force

WGS 2025: Dubai Ruler discusses growing bilateral ties with Poland’s President, Kuwait’s PM

President of Poland committed to enhance connectivity, economic cooperation with UAE

Standard Chartered boosts investment in Futuremakers Women in Tech program across Africa, Middle East and Pakistan

Over three years, 400 women entrepreneurs will receive support to build thriving micro businesses and create jobs

MENA startups raise $494 million across 58 deals in February, up 371 percent 

Startups in Saudi Arabia raised $250.3 million across 25 deals last month, leading the region in fundraising

Türkiye’s inflation eases to 39.05 percent in February, raising rate cut bets

As inflation continues to decelerate, the central bank is widely expected to deliver another 250 basis-point cut this week

SC Ventures, Visa partner to support MENA region’s SME growth and innovation

Collaboration aims to provide SMEs with the solutions they need to support their long-term growth

MENA M&A activity grows 7 percent to $92.3 billion in 2024: Report

The UAE reported the MENA region’s largest M&A deal of the year worth $12.4 billion

Renewable energy targets boost electricity investment growth in GCC, says Fitch

Investments related to the expansion of the existing grid between 2023-2028 will reach $1.8 billion

Oman unveils its first hydrogen refuelling station

The station integrates hydrogen refuelling, EV fast-charging, and traditional fuelling into a comprehensive hub

Oman launches electronic system for issuing securities (E-IPO) to enhance transparency in financial transactions

The electronic system for issuing securities will streamline procedures, reducing time and effort for stakeholders

Leaders of GCC states, Egypt, and Jordan convene in Riyadh to strengthen coordination and consultation

The UAE President thanked King Salman and Crown Prince for organizing the dialogue

Oman secures $132.5 million for second phase of Sohar Freezone industrial waste treatment facility

This project will enhance the national economy while advancing sustainability and circular economy goals

Oman earns 8th place in Global Entrepreneurship Index 2024, scoring 5.7

Oman's ranking results from ASMED's efforts with public and private partners through strategic initiatives

Oman’s GDP rose 1.9 percent in H1 2024, fueled by 3.6 percent non-oil growth: Central Bank

Despite global challenges, the Omani economy has demonstrated resilience in handling various economic shocks

Qatar to host MWC’s next five editions

This initiative will boost digital transformation and establish Qatar as a global digital innovation hub

Qatar at MWC 2025: Showcasing digital investment opportunities, strengthening global tech partnerships

The participation highlights digital investment opportunities, enhances Qatar's tech hub status

Ramadan 2025: Qatar’s Ministry of Interior announces Service Department working hours

The Technical Inspection Departments will function from 8 a.m. to 5 p.m.

Visit Qatar, Microsoft join forces to advance new AI-powered smart tourism solutions

Leveraging Visit Qatar's GenAI Travel Concierge, Microsoft and Qatar will enhance visitor experiences through technology 

Qatar Airways connects 30 Boeing aircraft with Starlink Wi-Fi

The airline reduced aircraft Wi-Fi installation time from three days to 9.5 hours with Starlink collaboration

Saudi Arabia

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Saudi Arabia’s non-profit sector adds over $26.7 billion to economy in new record

The sector's rapid growth is on track to reach 5 percent of GDP two years ahead of schedule

stc raises connectivity speed by over 120 percent in the Two Holy Mosques during Ramadan

Data usage during Ramadan has already increased by 37 percent while voice services increased by more than 18 percent

Saudi Arabia approves launch of Investment Marketing Authority to support growth in key sectors

Authority will bolster Saudi Arabia's investment landscape and aims to consolidate the Kingdom’s position as a world-class investment hub

Saudi PIF inks $3 billion deal with Italian export credit agency

The parties will share expertise and consider SACE's $3 billion support for PIF-led projects

Saudi Arabia’s private equity transactions hit $2.8 billion across 15 deals in 2024: Report

Growth-stage investments accounted for 67 percent of total transactions in 2024, up from 43 percent in 2023

FHS Saudi Arabia launches NextGen Investment Forum to deliver future leaders in hospitality

Forum seeks to create a comprehensive ecosystem that supports education and career development in hospitality

United Arab Emirates

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UAE’s real GDP grows 3.8 percent in 9M 2024, non-oil sector’s contributions hit 74.6 percent

Growth was driven by a strong expansion in non-oil sectors, which grew by 4.5 percent to AED987 billion

Sheikh Mohammed names Judge Omar Mohammed Miran as new deputy director of Dubai Courts

Judge Miran's appointment comes days after Sheikh Mohammed presided over the swearing-in ceremony of 34 new judges appointed to the Dubai Courts

Emirates, Malta Tourism Authority partner to bolster inbound tourism

Emirates has been serving Malta since 2003 and currently operates a daily flight using a Boeing 777-300ER

Abu Dhabi’s Tabreed issues $700 million inaugural five-year green sukuk

Strong demand led to the order books exceeding 4.3 times and the final issue being oversubscribed by nearly 2.6 times

CBUAE first Central Bank in region to sign Statement of Commitment to FX Global Code

This code promotes integrity, transparency, and fairness in the wholesale foreign exchange market practices

84 percent of women in UAE considering starting their own business, research shows

98 percent of women entrepreneurs expecting revenue growth over the next five years

Worldwide

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Top 10 most expensive luxury watches ever sold

A look at luxury timepieces worth millions

Judge denies Musk’s bid to block OpenAI’s for-profit shift

Tesla's CEO accuses OpenAI of straying from its mission to prioritize corporate gain over humanity

Who is Adrian Orr, New Zealand’s Central Bank governor who suddenly resigned?

Deputy Governor Christian Hawkesby will act as Governor until Orr's departure on March 31

China, Canada strike back at Trump’s tariffs: Is Mexico next?

If the tariffs stay in place, Mexico plans to announce countermeasures, including retaliatory tariffs, on Sunday

UAE gold prices dip AED1.25, global rates rise amid Trump tariffs

Trump’s tariffs on products from Canada, Mexico, and China took effect just after midnight ET on Tuesday

Oil prices fall to $70.93 as China stimulus, U.S. inventories weigh

U.S. President Trump followed through on threats of increased tariffs against China, Canada, and Mexico