Region
Bahrain
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GCC countries are revamping tax policies to ensure fiscal sustainability, with new corporate taxes and international alignment
AlUla in Saudi Arabia, Kuwait City in Kuwait, and Manama in Bahrain have emerged as notable contenders
The Saudi TASI index rose by 1.8 percent at the start of trading
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
Egypt
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The overnight deposit, lending, and main operation rates were cut by 2.25 percent each
Al Mashat projected real growth at 4.5 percent, subject to review if tensions escalated
Egypt's President called upon companies and businessmen in Qatar to expand their investments in Egypt
Trade exchange in 2024 exceeded $16.3 billion, marking a notable growth of 29 percent compared to 2023
Country aims for $60 billion in foreign direct investment, $145 billion in exports
These deals will support priority projects in water treatment, sanitation, electricity, and rail transport sectors
Kuwait
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Kuwait seeks to gradually increase oil production capacity to 4 million bpd by 2035
AlUla in Saudi Arabia, Kuwait City in Kuwait, and Manama in Bahrain have emerged as notable contenders
The Saudi TASI index rose by 1.8 percent at the start of trading
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
MENA
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Monthly core goods inflation is expected to rise slightly in April due to recent developments in financial markets
The sector's contribution to the Gulf's GDP is expected to reach 13.3 percent in 2034, with a value of $371.2 billion
Business travel in the MENA region rose by 50 percent in Q1 2025 compared to Q1 2024
Spending on security services is expected to grow by a 16.6 percent in 2025
The Saudi TASI index rose by 1.8 percent at the start of trading
The conference is hosting 220 companies and 675 institutional investors and fund managers representing 252 global institutions
Oman
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Muscat International Airport carried 2,280,280 passengers by Feb 2025, down 7.5 percent from 2024
The guide emphasizes the need for institutions to design applications that meet accessibility standards
Signing occurred during the "state visit" of His Majesty Sultan Haitham bin Tarik to the Netherlands
IFC and United Solar Polysilicon will support the development of a $1.6 billion greenfield polysilicon plant in Sohar
The Saudi TASI index rose by 1.8 percent at the start of trading
Official work in Oman will resume on Sunday, April 6, 2025
Qatar
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Deal will target investments in technology, healthcare, minerals, and other sectors of mutual interest
Qatar's Ambassador to Russia said that the talks will focus on bilateral relations and cooperation between the two countries in various fields
The market showed strong growth from 2020 to 2024, with a CAGR of 2.5 percent
Fund will focus on projects in downstream industries, renewables, health facilities and technology
Notable initiatives include Qatar’s ‘Amaze Yourself‘, Saudi Arabia’s ‘The Land is Calling‘, and the UAE’s ‘Dubai, What’s Not to Love?'
Egypt's President called upon companies and businessmen in Qatar to expand their investments in Egypt
Saudi Arabia
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Race is considered one of the season’s most prominent events due to its extensive fan and media coverage
The MoU aims to transfer knowledge in the field of mining, mineral production and processing and mining exploration
With a capacity of 2,000 people, the main opera auditorium is the focal point of the venue
Saudi Arabia's trade surplus with Arab League countries significantly increased to SAR30.461 billion in Q4 2024
Discussions focused on key areas of cooperation, particularly in supporting innovation in biotechnology
Laheq, opening in 2028, is The Red Sea's first residential-focused development with exceptional hospitality
United Arab Emirates
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This initiative marks a key milestone in the Ministry’s vision to identify top athletes nationwide
Travelers should drop off bags early or check in to access Immigration and biometric gates quickly
Collaboration aims to advance shared development and provide tangible benefits to both nations
Initiative strengthens partnerships and compliance systems while enhancing data exchange among all signatories
Sector aims to contribute $16.9 billion to the economy in 2025
Emirati youth's inclusion in a global community underscores their vital role in leadership and decision-making
Worldwide
See ArticlesThis initiative marks a key milestone in the Ministry’s vision to identify top athletes nationwide
Collaboration aims to advance shared development and provide tangible benefits to both nations
Emirati youth's inclusion in a global community underscores their vital role in leadership and decision-making
Apple’s market share dips as Xiaomi and subsidies drive sales
Trump's remarks underscore a declining appetite for sharply higher tariffs after the market's violent reaction on April 2