Region
Bahrain
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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
Discussions will emphasize joint efforts in key sectors, including economic, investment, and developmental fields
Emirati industrial enterprises will be eligible to benefit from Bahrain's Takamul Program by receiving a 10 percent preference
Non-oil trade between the two countries exceeded $7.5 billion in 2023
Carrier currently operates 31 weekly flights between Dubai and Bahrain and continues to see strong demand on the route
Egypt
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With the addition of its summer operations to Al Alamein, flydubai grows its network in Egypt to three destinations including Alexandria and Cairo
Egypt's annual headline inflation remained broadly stable for the third consecutive month, at 26.5 percent in October 2024
flynas connects Egypt to Saudi Arabia with more than 120 weekly direct flights from five Saudi cities
Yesterday, Sheikh Khaled also engaged in official discussions with Brazilian President Luiz Inácio Lula da Silva
Annual nationwide headline inflation increased to 26.3 percent in October 2024, up from 26 percent in September 2024
After having created the leading K-12 operator in Egypt, EFG Hermes aims to replicate its success story in the Saudi market
Kuwait
See ArticlesUAE'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
The future of banking will be defined not by head-to-head competition with fintech companies, but by cooperation
The discussions highlighted the significant advancements in cooperation, bolstered by the leadership of both nations
The payment service provider will use Mastercard Gateway for quick, seamless, and secure transactions in the region
Efforts are underway to organize the joint trade committee between the two countries as soon as possible
MENA
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The new unit adds logistics and technical services to the Group’s marine, EPC, engineering, and construction sectors
Increases in jobs and wages remain among fastest on record
UAE's economy is set to grow from 3.7 percent in 2024 to 4.5 percent in 2025
$2.6 trillion is needed by 2030 to restore over one billion hectares of degraded land and improve drought resilience
These frameworks demonstrate the company's commitment to sustainable development
This will help them avoid administrative penalties for failing to comply with the legally mandated deadlines
Oman
See ArticlesUAE'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
Non-oil trade between the two countries reached AED51 billion last year, up from AED48.7 billion in 2022
The two entities will identify prime retail locations, implement smart innovations, enhance logistics, and improve customer experiences
This underscores efforts to diversify MSX by adding key players from various sectors of Oman’s economy
Oman's central bank is offering the 72nd government development bonds to all investors, residents and non-residents irrespective of their nationality
Qatar
See ArticlesIncreases in jobs and wages remain among fastest on record
UAE's economic growth is projected at 3.3 percent in 2024, driven by 4.1 percent non-oil sector growth
Under the proposed arrangements, Virgin Australia would use Qatar Airways craft and crew to operate the new services
ValuStrat Price Index showed consistent performance at 96.6 points with minimal annual variation
Discussions also explored ways to enhance mutual interests and reinforce security and stability in the region
Block lies about 10 kilometers offshore the Egyptian Mediterranean shore at water depths ranging between 100 meters and 3,000 meters
Saudi Arabia
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Air France-KLM also signs an MoU with Saudia to expand their codeshare and commercial agreements
$2.6 trillion is needed by 2030 to restore over one billion hectares of degraded land and improve drought resilience
These frameworks demonstrate the company's commitment to sustainable development
Strategy aims to increase the coverage of marine and coastal protected areas from 3 percent to 30 percent by 2030
Facility supports the goals of the Saudi Green Initiative to promote clean energy sources and reduce carbon emissions
Meeting addressed efforts to combat desertification and the exchange of innovative expertise and technologies
United Arab Emirates
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The country ranked fourth globally in Economic Performance 2024
The new unit adds logistics and technical services to the Group’s marine, EPC, engineering, and construction sectors
Sheikh Mohammed frequently sends secret shoppers to government offices to test services
Gross credit at UAE banks increased by 0.5 percent to AED2.112 trillion at the end of August 2024
This will help them avoid administrative penalties for failing to comply with the legally mandated deadlines
New facilities will likely boost ADNOC Gas’ current processing capacity by 20 percent
Worldwide
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The financing will help Nebius accelerate GPU clusters, cloud platforms, and other essential AI tools
Delaware Judge McCormick upheld her block of the 2018 compensation plan due to conflicts of interest
Brent oil futures for February delivery dipped 0.1 percent to $73.58 a barrel
The group will likely extend its output cuts until the end of the first quarter of 2025 amid supply concerns
Japan imported in October 31.80 million barrels of oil from the UAE