Region
Bahrain
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Since 1974, ADFD has been crucial in advancing Bahrain's economy and social development
Non-oil trade between the two countries reached AED15.3 billion during the first half of 2024
2025 will be the fifth consecutive year that Bahrain has been selected as the venue for F1 pre-season tests
CYVN will empower McLaren to reach its full potential via access to engineering and design capabilities
UAE's economic growth is projected at 3.3 percent in 2024, driven by 4.1 percent non-oil sector growth
Bahrain’s Prince Salman congratulated UAE President on 53rd National Day
Egypt
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This approval follows a EUR1 billion EU support initiative endorsement
The program targets enterprises in pharmaceuticals, food, engineering, chemicals, textiles, mining, and construction
Suez Canal's revenues declined over 60 percent year-on-year in 2024
The top 10 banks in Egypt accounted for 79.73 percent of the sector’s total profits at EGP340.411 billion
Egypt seeks to raise the number of tourists to 30 million by 2030
The terminal will handle 450,000 TEUs, 5 million tons of dry bulk, and 1 million tons of liquid bulk
Kuwait
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CBK said that the issuance period is three months with a return rate of 4.125 percent
These contracts are integral to the ongoing initiatives to boost the country's electrical infrastructure and ensure its long-term viability
The bank specified that this issuance has a maturity period of three months and an interest rate of 4.125 percent
Work at government institutions will resume on Sunday
UAE's economic growth is projected at 3.3 percent in 2024, driven by 4.1 percent non-oil sector growth
Consolidated assets increased 4.34 percent from $372.05 million in 2023 to $388.21 million in the nine months ended September 30
MENA
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22-carat gold stood at AED 292.25, 21-carat gold was priced at AED 283, while 18-carat gold was at AED 242.50
This initiative will promote food security, reduce poverty, and improve livelihoods for 130,000 individuals
This certification caters specifically to tax professionals employed by Dubai government entities
Year-end profit-taking and portfolio rebalancing contributed to the lower trading volumes
64 percent of insurers expect higher medical trends worldwide over next three years
UAE non-oil trade with Croatia reaches $110.7 million in 2023
Oman
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The average acceptable return was set at 4.75 percent, with a maximum acceptable return of 4.85 percent and a minimum of 4.6 percent
The two countries underscored the importance of advancing economic cooperation and strategic integration between them
Oman’s budget is expected to have a 2 percent GDP surplus in 2024, dropping to 0.7 percent in 2025
The deal is part of the sultanate’s broader initiative to capitalize on cutting-edge global technologies across multiple sectors
UAE's economic growth is projected at 3.3 percent in 2024, driven by 4.1 percent non-oil sector growth
The projects span 10 key sectors, including technology, manufacturing, tourism, renewable energy and electric vehicles
Qatar
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This reflects a modest decline of 2.5 percent from QAR2.62 billion ($718 million) in Q2 2024
A 25 percent increase in international arrivals compared to 2023
Trade between the two Gulf states increased from $184.6 million in 2021 to $802.5 million in 2023
Allotment for the healthcare and education sectors constitute QAR 41.4 billion ($11.23 billion), representing 20 percent of the total budget
In 2023, non-oil foreign trade between the UAE and Qatar saw an 18.3 percent growth
There were 324 real estate deals recorded in the month
Saudi Arabia
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The expedition will span a 2,500 kilometers over the course of five months
Net FDI inflows declined 24 percent year-on-year from SAR21.1 billion during the third quarter of 2023
This marks the first direct link between the Eastern Region and the Red Sea destination
Trade between the two Gulf states increased from $184.6 million in 2021 to $802.5 million in 2023
Riyadh Season this year started off strong, drawing an impressive two million visitors within just one week of its launch
ALMANAR will offer over 33,000 homes and provide over 150 amenities to cater to residents' needs
United Arab Emirates
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Since 2015, the UAE diesel and petrol prices have been moving in line with the international markets.
22-carat gold stood at AED 292.25, 21-carat gold was priced at AED 283, while 18-carat gold was at AED 242.50
The public can use Jumeirah Street, Al Wasl Street, Sheikh Mohammed Bin Zayed Road and Al Khail Road
The sector has boosted sustainable growth, competitiveness, and contribution to the nation's GDP
The fireworks aim to set six new Guinness World Records
Abu Dhabi approved in 2024 a total of 144 projects with a budget of $17.97 billion
Worldwide
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Greenhouse gas concentrations continue to rise, reaching unprecedented levels and trapping even more heat for the future
The full moon will obscure Mars after sunset on both January 13 and 1
22-carat gold stood at AED 292.25, 21-carat gold was priced at AED 283, while 18-carat gold was at AED 242.50
WTI futures for February delivery also saw a 0.7 percent increase, reaching $71.05 per barrel
The United Nations expects the global population to peak at around 10.3 billion in the 2080s
