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Jabal Omar Reports Strong Q2 Revenue Growth Driven by Hajj and Domestic Tourism

Jabal Omar delivered strong financial growth during the second quarter of 2026. Jabal Omar benefited from higher hotel occupancy, stronger retail activity, and increased...
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Oman Foreign Investment Grows Despite Regional Uncertainty and Economic Challenges

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Mabanee Reports Lower Q2 Profit as Hotel Business Faces Regional Travel Challenges

Mabanee profits declined during the second quarter of 2026 as weaker hotel demand affected overall earnings. Mabanee profits faced pressure from lower hospitality activity...
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Ras Al Khaimah Rents Continue Rising as Family Housing Demand Strengthens

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Jabal Omar Reports Strong Q2 Revenue Growth Driven by Hajj and Domestic Tourism

Jabal Omar delivered strong financial growth during the second quarter of 2026. Jabal Omar benefited from higher hotel occupancy, stronger retail activity, and increased...

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Jabal Omar Reports Strong Q2 Revenue Growth Driven by Hajj and Domestic Tourism

Jabal Omar delivered strong financial growth during the second quarter of 2026. Jabal Omar benefited from higher hotel occupancy, stronger retail activity, and increased...

Oman Foreign Investment Grows Despite Regional Uncertainty and Economic Challenges

Oman investment continued to attract strong foreign interest during the first quarter of 2026. Oman investment remained resilient despite ongoing regional tensions. In addition,...

Mabanee Reports Lower Q2 Profit as Hotel Business Faces Regional Travel Challenges

Mabanee profits declined during the second quarter of 2026 as weaker hotel demand affected overall earnings. Mabanee profits faced pressure from lower hospitality activity...

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Qatar and Sudan Strengthen Trade and Investment Ties

Qatar and Sudan discussed ways to boost trade and investment. Officials from both countries met to explore business growth and cooperation. Qatar’s Undersecretary of the...

UAE Sends Etihad-SAT Satellite Into Space on SpaceX Rocket

The UAE successfully launched its high-precision satellite, Etihad-SAT, into space on March 15. The satellite lifted off on a SpaceX Falcon 9 rocket. This...

Dubai Launches Affordable Housing to Support All Income Levels

Dubai’s new housing project will offer affordable rental homes for different income groups. The project will include studio to three-bedroom apartments, providing quality homes...

Saudi Arabia’s Rating Rises as Economic Changes Gain Strength

Saudi Arabia’s economic progress led S&P to raise its rating to A+ with a stable outlook. The country’s continued economic changes help it grow...

Hospitality Real Estate Sector in Qatar Sees Significant Boost

Qatar's hospitality real estate sector has experienced significant growth, driven by a surge in tourist arrivals in 2024. According to recent reports, the number...

Oman and Afghanistan Discuss Enhancing Economic Ties

Oman and Afghanistan are exploring new ways to boost their economic cooperation. On March 13, 2025, Qais Mohammed Al Yousef, Oman’s Minister of Commerce,...

UAE Sees Strong Dividend Growth as Global Payouts Hit $1.75 Trillion in 2024

The UAE was among 17 countries setting new dividend records in 2024, as global payouts surged to an all-time high of $1.75 trillion. This...

Saudi Arabia Opens Mining Exploration Applications in Riyadh and Madinah

Saudi Arabia has recently opened the application process for mining exploration permits in the Riyadh and Madinah regions. This initiative covers a significant 24,946...

Saudi Private Sector Fuels $314 Billion Investment Surge

Saudi Arabia’s private sector is driving a massive investment surge, reaching SR1.18 trillion ($314 billion) in 2024. This marks a 5.3 percent increase compared...

e& Transforms into Global Tech Powerhouse, Driving Digital Economy Growth

UAE-based e& has evolved from a regional telecom operator into one of the world’s fastest-growing technology groups, leveraging AI, cloud computing, fintech, and digital...

UAE’s DIA Properties Supports Ramadan Iftar Meal Distribution

DIA Properties has teamed up with Beit Al Khair Society to provide Iftar meals across the UAE during the Holy Month of Ramadan. This effort reflects...

Saudi Arabia’s Scopely Acquires Pokémon Go for $3.5 Billion

Scopely, a gaming company backed by Saudi Arabia’s Public Investment Fund, has purchased Niantic’s gaming division for $3.5 billion. This deal includes the hit...
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