GCC

Trump’s Middle East trip to strengthen economic, strategic bonds with Gulf allies

Secretary Rubio will join the President during his trip to the Middle East to strengthen ties between the U.S.

Qatar Central Bank issues $796.4 million worth of bills

QCB detailed bill offerings, including QAR500 million maturing in 7 days at 4.61 percent

Qatar Central Bank sees 3.58 percent rise in foreign reserves to $70.5 billion in April 2025

The official reserves include bonds, foreign treasury bills, gold, and Special Drawing Rights (SDRs)

Qatar’s Islamic finance assets soar to $190.6 billion in 2024, dominating 97 percent of market

Qatar's islamic banking surged to $160.9 billion, outperforming conventional banks

Saudi Arabia leads MENA IPO market as proceeds reach $2.4 billion with 106 percent YoY growth

Saudi Arabia recorded 12 out of 14 listings in the MENA region during this quarter

Saudi flynas plans IPO with 51.26 million ordinary shares, 30 percent of total capital

IPO will include 33.83 million existing shares sold by current shareholders and treasury stock 

Emirates to connect Dubai and China’s Hangzhou with new daily flights starting July 30

The new service will operate with a Boeing 777-300ER, offering 2,478 weekly seats

Qatar real estate market surges with $112.8 million in weekly trading volume

Key areas like Lusail 69 and The Pearl Island contributed significantly to the trading volume 

IMF cuts MENA 2025 growth forecast to 2.6 percent as global policy uncertainty looms

GCC economies are expected to grow 3 percent in 2025 and 4.1 percent in 2026

Kuwait announces Eid al-Adha holiday dates for 2025

All state bodies will suspend operations from June 5 to June 9 for the holiday

Trump expands GCC investments with Qatar, Dubai project launches ahead of May visit

Earlier this year, Eric Trump announced that the family is developing projects in Abu Dhabi, Jeddah, Oman and Riyadh

Saudi banks successfully navigate external debt growth amid market challenges: S&P

The rise in interbank liabilities accounted for 55 percent of Saudi banks' external debt increase