Region

World Bank sees growth on the horizon in the GCC

The report highlights Oman’s fiscal consolidation as a noteworthy example despite it having one of the lowest projected growth rates in the region

Financial sector sees robust growth in Bahrain as 16 new institutions approved, 52 licenses in review

The unified regulatory model streamlines compliance and enhances oversight for licensed institutions 

UAE and Bahrain discuss strengthening bilateral ties, commitment to development and prosperity

The dialogue focused on enduring cooperation, exploring ways to strengthen relationships for mutual progress

GCC-listed companies attract $4.2 billion in foreign inflows in Q2 2025, highest since Q4 2022

Saudi Arabia led June inflows with $971 million, followed by the UAE, Kuwait, and Qatar 

How fiscal policy, increased public spending are shaping GCC economic resilience in 2025

Total public spending in GCC countries is projected to reach $542.1 billion in 2025 

Bahrain and U.K. ink $2.7 billion strategic investment partnership for carbon reduction, sustainable development

Shaikh Salman bin Khalifa emphasized the enduring strength of relations between Bahrain and the U.K.

Egypt’s exports rise 19.8 percent in April, trade deficit narrows to $3.42 billion

Egypt's imports rose by 4.4 percent in April to $7.53 billion compared to $7.21 billion in April 2024

Egypt launches major natural gas initiative to drill 11 wells yielding 160 billion cubic feet

Minister Karim Badawi oversaw drilling operations at Begonia-2 in the New Mansoura concession area

EFG Hermes secures $190 million investment for Alameda Healthcare in landmark M&A deal

This transaction marks Egypt’s largest private equity healthcare investment to date

Oman and Egypt sign seven agreements to boost cooperation in trade, investment, labor

Talks aimed at strengthening bilateral relations align with directives from leaders of both nations

Valu debuts on EGX with $6.6 million dividend distribution from EFG Holding

EFG Holding distributed 20.488 percent of Valu’s capital, enabling direct shareholder participation in growth

Egypt aims for 4.5 percent economic growth as parliament passes FY2025/26 development plan

Real GDP growth is projected to rise from 2.4 percent in FY2023/24 to 3.8 percent in FY2024/25, then to 4.2 percent and 4.6 percent in FY2025/26 and FY2026/27, respectively, according to World Bank projections

Kuwait strengthens ties with India, Iraq with new MoUs to combat financial crime 

Deals aim to promote an environment of transparency and security in financial systems 

World Bank sees growth on the horizon in the GCC

The report highlights Oman’s fiscal consolidation as a noteworthy example despite it having one of the lowest projected growth rates in the region

GCC-listed companies attract $4.2 billion in foreign inflows in Q2 2025, highest since Q4 2022

Saudi Arabia led June inflows with $971 million, followed by the UAE, Kuwait, and Qatar 

Kuwait’s non-oil PMI sees record employment growth amid increasing new orders

The S&P Global PMI fell to 53.1, indicating solid improvement in Kuwait's non-oil sector

Kuwait introduces multinational entities tax expecting over $819 million in annual revenue

Multinational entities must register by September 30 to comply with the new tax regulations

How fiscal policy, increased public spending are shaping GCC economic resilience in 2025

Total public spending in GCC countries is projected to reach $542.1 billion in 2025 

M&A in MENA hits $115.5 billion in H1 2025, up 149 percent YoY

The UAE emerged as the top target nation, with deals totaling $39.8 billion in value

HMD introduces Amped Buds: World’s first earbuds that also charge your phone

Ultra-slim case boasts a high-capacity 1600mAh battery, roughly 300 percent larger than most competing wireless buds

Kuwait strengthens ties with India, Iraq with new MoUs to combat financial crime 

Deals aim to promote an environment of transparency and security in financial systems 

IMF allocates $250 million to aid Lebanon in restoring financial stability

The IMF's financial aid aimed to restore stability while ensuring compliance with reform terms in Lebanon

World Bank forecasts Syria’s GDP to grow by 1 percent after a 1.5 percent contraction

"The easing of sanctions provides some upside potential; however, progress remains limited," states the World Bank

Oman launches $200 million energy transition fund with China’s Templewater

Fund aims to accelerate investment in energy transition and advanced manufacturing in the country

Oman’s real GDP expands 2.5 percent to $24.52 billion in Q1 2025

The growth is driven by a robust performance in non-oil sectors

World Bank sees growth on the horizon in the GCC

The report highlights Oman’s fiscal consolidation as a noteworthy example despite it having one of the lowest projected growth rates in the region

GCC-listed companies attract $4.2 billion in foreign inflows in Q2 2025, highest since Q4 2022

Saudi Arabia led June inflows with $971 million, followed by the UAE, Kuwait, and Qatar 

Oman Air strengthens European connectivity, launches inaugural flight to Amsterdam

Travelers can now access over 900 destinations worldwide through Oman Air's new partnership

Oman and Egypt sign seven agreements to boost cooperation in trade, investment, labor

Talks aimed at strengthening bilateral relations align with directives from leaders of both nations

World Bank sees growth on the horizon in the GCC

The report highlights Oman’s fiscal consolidation as a noteworthy example despite it having one of the lowest projected growth rates in the region

GCC-listed companies attract $4.2 billion in foreign inflows in Q2 2025, highest since Q4 2022

Saudi Arabia led June inflows with $971 million, followed by the UAE, Kuwait, and Qatar 

More than 4,000 benefit from Qatar’s tax exemptions worth $247 million, says tax authority

Initiative was launched to support business growth and national economic policies

Qatar real estate: Residential sales grow 13.2 percent in Q1 2025 as prices stabilize

Apartment capital values reached QAR10,420 per sq m, remained relatively stable for 12 months

Qatar Central Bank launches $1.4 billion in government bonds, sukuk with bank bids over $2.9 billion

Qatar's first green bond issuance launched in May, enhancing sustainability financing in the region 

Qatar reports $49.85 billion GDP growth driven by non-hydrocarbon activities in Q1 2025

Non-hydrocarbon economy contributed 63.6 percent to GDP, showcasing strong diversification efforts

Saudi Arabia

See Articles
Saudi Arabia approves new law for foreign property ownership in designated zones starting 2026

The law permits non-Saudis to own property in designated zones, notably in Riyadh and Jeddah.

Saudi Arabia maintains top position in global IMD cybersecurity ranking in 2025

The Kingdom is classified as Tier 1 – “Role-modelling” in the Global Cybersecurity Index 2024 by ITU

Saudi Arabia’s construction output hits $148 billion in 2024, forecasted to reach $191 billion by 2029

Vision 2030 drives $215.4 billion in construction contracts across the Kingdom

Three scenarios for Middle East in 2035 show $232 billion AI-driven potential GDP boost: PwC

The Middle East can leverage renewable energy and AI for sustainable economic expansion

World Bank sees growth on the horizon in the GCC

The report highlights Oman’s fiscal consolidation as a noteworthy example despite it having one of the lowest projected growth rates in the region

United Arab Emirates

See Articles
UAE and Azerbaijan sign CEPA to boost trade, investment flows in vital sectors

Bilateral non-oil trade between the two nations increased 43 percent year-on-year to reach $2.4 billion in 2024

Dubai Municipality partners with Parkin to enhance efficiency, service quality in parking infrastructure

Parkin will manage selected free public parking facilities owned by Dubai Municipality, expanding its network 

Dubai traffic to ease as Al Wasl–Al Manara intersection’s capacity increases by 50 percent

The expansion improves traffic flow and reduces waiting times by up to 30 percent

Nasdaq Dubai welcomes China Development Bank’s dual-currency bond listing with $500 million and EUR500 million tranches

The euro tranche was oversubscribed 15 times, reflecting strong investor interest across regions 

Dubai’s real estate market matures as off-plan appetite grows, investment yields rise in H1 2025

Affordable apartments in International City, DIP, and Discovery Gardens yielded between 9 percent and 11 percent

UAE launches initiative raising maximum loan coverage age to 95 for senior citizens’ housing support

This initiative aims to provide comprehensive insurance coverage for housing loan beneficiaries.

Worldwide

See Articles
Oil prices fall to $70.17 as Trump expands tariffs, triggering demand concerns

Only a couple of Fed policymakers supported the idea of cutting interest rates as early as this month

Nvidia becomes world’s first company to reach $4 trillion market capitalization

Chipmaker’s stock climbed as much as 2.5 percent to a record high of $164

Global gold ETFs inflows hit $38 billion in H1 2025, the highest semi-annual inflow since H1 2020

The surging gold price and notable inflows pushed global gold ETFs’ total AUM 41 percent higher to $383 billion

What triggered the sharpest dollar drop in 2025?

The dollar's value dropped over 10 percent, marking its worst start since 1973

Western Europe registers hottest June on record with temperatures reaching 46°C, says Copernicus

12 countries and around 790 million people around the world experienced record heat last month

Kuwait strengthens ties with India, Iraq with new MoUs to combat financial crime 

Deals aim to promote an environment of transparency and security in financial systems