Middle East

Crude oil prices surge above $76.6 on worries over Strait of Hormuz disruptions

Fed discussions this week may lead to a 25 basis point rate cut sooner than expected

Oil-funded growth or true diversification? Key metrics to watch in the GCC

Gulf economies show strong non-oil growth in 2024, but key indicators highlight the depth and sustainability of diversification efforts

UAE activates emergency plan to guarantee continuous airport operations amid regional airspace closures

The airspace closures triggered major flight cancellations and rerouting, which affected local airports in nearby countries

UAE launches Summer Hospitality Camp 2025 to train youth for tourism careers

The initiative is a key pillar in the UAE’s broader strategy to build a skilled, future-ready workforce aligned with the UAE Tourism Strategy 2031

Saudi Arabia’s GACA, Airbus forge partnership to advance sustainable aviation practices

Key areas of cooperation include sharing expertise in low-carbon and sustainable aviation fuels

GCC dominates Dubai Chamber exports in Q1 2025 with AED 40.5 billion in trade

Markets across the Middle East (non-GCC) came in second, with exports and re-exports totaling AED 25 billion

Qatar posts 194 percent surge in GenAI enrollments, 55 percent growth in certificates: Report

Qatar now leads the Arab world in technology and data science skills, scoring 64 percent in each

Emirati SMEs secure AED1.29 billion in Dubai government contracts through supplier program

The Dubai Government continues to empower entrepreneurs by creating a supportive environment and implementing legislative frameworks to leverage growth

Saudi delegation signs key aviation deals at 2025 Paris Air Show

The kingdom provides opportunities for global aviation investors, with the Saudi Aviation Strategy unlocking $100 billion in infrastructure projects

Crude oil prices climb above $73.6 amid Fed anticipation, Middle East uncertainty

Oil was pressured by mixed economic readings from China, signaling inconsistent growth in its economy

Dubai 24-carat gold price today remains above AED406 as Fed meeting looms, Middle East tensions rise

The Fed is projected to maintain rates, but focus will be on Chair Powell's future cuts outlook

UAE offers relief to small firms with new GPSSA pension compliance initiative

The targeted waiver is part of GPSSA’s broader efforts to support the UAE’s economic diversification and empower small businesses