Saudi Arabia Industrial Output Rises in February on Mining and Oil Growth

Saudi Arabia’s industrial output growth accelerated in February, reflecting strong performance in mining and manufacturing sectors. The Industrial Production Index reached 114.6, up from 105.3 a year earlier. This increase shows the Kingdom’s industrial output growth continues despite global economic uncertainties. The mining and quarrying sector contributed significantly, posting a 13 percent annual rise. Manufacturing also showed improvement, with the...

Qatar Tourism Leaders and Businesses Collaborate to Overcome Sector Challenges Amid Regional Uncertainties

Qatar’s tourism sector challenges were the focus of a high-level meeting between Qatar Chamber and Qatar Tourism officials. The session aimed to review key...

UAE Markets Rally as Geopolitical Tensions Ease, Boosting Investor Confidence and Trading Activity

UAE markets rallied strongly as investors responded to easing geopolitical tensions across the region. The recent ceasefire agreement boosted confidence and lifted trading activity,...

UAE-Bahrain Deal Signed to Boost Local Currency Use

The UAE Bahrain deal will enhance financial cooperation and promote local currency use in cross-border trade. UAE Bahrain deal signals growing regional economic collaboration....

UAE Markets Rally as Geopolitical Tensions Ease, Boosting Investor Confidence and Trading Activity

UAE markets rallied strongly as investors responded to easing geopolitical tensions across the region. The recent ceasefire agreement boosted confidence and lifted trading activity, prompting investors to return quickly to equities as sentiment improved across key sectors. Stock markets across the UAE recorded significant gains during Wednesday trading. The combined market capitalization of local exchanges surged by nearly Dh125 billion,...

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