Saudi Arabia

UAE bonds and sukuk surge to $309.4 billion by Q1 2025, up 8.3 percent YoY

UAE's debt markets are growing, reflecting its expanding financial ecosystem and strategic sukuk position

Riyadh Air to launch commercial flights this year after securing operational license

Riyadh Air is projected to fly to more than 100 destinations by 2030, supported by an order of over 132 aircraft

Saudi PMI shows resilience in non-oil private sector growth for March

The pace of growth has moderated from January's near 14-year high 

Saudi travel surplus hits record $13.3 billion in 2024, marking 7.8 percent yearly growth

Surge was fueled by a 13.8 percent increase in inbound visitor spending compared to 2023 

Trump announces 10 percent global tariff, higher rate for trade-surplus nations

Trump's sweeping tariffs will go into effect on April 5, and his reciprocal tariffs will hit on April 9

Middle East mobile app revenues soar to $1.7 billion, recording 18.6 percent YoY growth

The Holy Month sparks surge in mobile app engagement and revenue across the region

Saudi Arabia’s new commercial register, trade names laws effective today

New laws seek to facilitate starting and operating a business in Saudi Arabia and reduce the financial burden on enterprises

Emirates enhances delivery with launch of Courier Express

The move aims to create a service that is fast, reliable, and flexible

Trump to make first foreign trip to Saudi Arabia, UAE and Qatar

Trump also plans to visit Qatar and the UAE during this trip

GCC’s $7 billion food waste crisis: How retailers can lead the change

The region's retail sector wasted around 1.3 million tons of food in 2022

Eid al-Fitr 2025: Holiday dates announced in UAE, Saudi Arabia, other GCC states

Saudi Arabia, the UAE, Qatar and Kuwait announced today that March 30 will mark the first day of Eid al-Fitr 2025