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Qatar Stocks Fall 2% to Lowest Close Since April 2020 as Saudi Index Gains 0.8%

Qatar's main stock index fell 2% on Sunday to its lowest close since April 2020, while Saudi Arabia's benchmark rose 0.8% on gains in...

Oman Launches RO100 Million 12th Local Sovereign Sukuk Issue at 4.85% Profit Rate

Oman Sovereign Sukuk Company has launched the 12th issue of local sovereign sukuk, valued at RO100 million, with a seven-year maturity and an annual...

Dubai Municipality Completes 107 Projects Worth AED1.6 Billion in 2026

Dubai Municipality has completed more than 107 projects with a combined value of AED1.6 billion in 2026, the municipality said in a statement on...

Value Added by Oman’s Active Private Enterprises Rises 31.2% to RO10.66 Billion in Second Quarter

The value added generated by Oman's active private enterprises rose 31.2% to RO10,655.4 million in the second quarter of 2026 from RO8,124.0 million a...

DIEZ Trade Rises 17% to Record AED246 Billion in First Half of 2026

Trade across the three economic zones run by the Dubai Integrated Economic Zones Authority (DIEZ) rose 17% to a record AED246 billion in the...

Saudi Arabia Accounts for 54% of Arab Energy Fund’s Investment Assets, CIO Says

Saudi Arabia accounts for around 54% of the assets under management in The Arab Energy Fund's investments and partnerships business, Maheur Mourali, the fund's...

KFH-Bahrain Provides $85 Million Financing for Acquisition of Türkiye’s Çayırhan Power Plant

Kuwait Finance House Bahrain (KFH-Bahrain) has executed an $85 million Commodity Murabaha financing facility for Çayırhan Enerji, backing the Turkish company's acquisition of the...

Saudi Build and Saudi Elenex Trade Shows in Riyadh Postponed to November 2027

Riyadh Exhibitions Company has postponed Saudi Build and Saudi Elenex, two of Saudi Arabia's main construction and energy trade shows, by a year, citing...

UAE Signs Host Agreement With World Bank and IMF for 2029 Annual Meetings in Abu Dhabi

The UAE signed a host country agreement with the World Bank Group and the International Monetary Fund on October 18 for the institutions' 2029...

Oman Will Not Extend Salalah Port Services’ Concession Beyond November 2028

Oman's Ministry of Transport, Communications and Information Technology will not extend Salalah Port Services Company's concession to run the Port of Salalah beyond its...

UAE Startups and Innovators: JustAd, an AI Marketing Platform With Pay-Later Ad Financing

UAE-based advertising technology startup JustAd has secured $5 million from angel investor Imad Jomaa, funding it says will take its business beyond the Middle...

Abu Dhabi’s Non-Oil Trade With Arab Countries Tops AED87 Billion in First Seven Months

Abu Dhabi's non-oil foreign trade with Arab countries exceeded AED87 billion in the first seven months of 2026, according to an analysis of data...
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