Saudi Arabia records $1.54bln in POS transactions in one week UAE non-oil growth hits fastest pace since December 2024, PMI shows Oman’s non-oil exports rise 11.4% to $9.3bln, re-exports jump 20% UAE participates in second G20 Finance Ministers and Central Bank Governors meeting Saudi Arabia and Syria sign 4 pacts to boost cooperation in transport and logistics sectors Geological assets drive mining, manufacturing growth in Fujairah RAK Chamber explores trade, investment opportunities at UAE-Lebanon Business Forum Saudi Arabia agrees to raise Pakistani agricultural and food exports to $3bln UAE investment council launches data tools to boost overseas investment Oman's public revenue rises 13% to $17.2bln in first half of 2026 Saudi Arabia’s construction costs rise 2.3% in July 2026 ADIB provides $37mln Islamic financing for Glasgow logistics hub Oman’s tea and coffee imports hit record highs Total value of Bahraini exports hit $5.04bln Oman: ARA eyes Q3 2027 gas pipeline launch Oman: Sohar International establishes innovation hub at Terminal 11 to support fintech growth Bahrain's Benefit unveils Digital Direct Debit service Saudi: Civil Defense requires third-party insurance for licensing and renewals of certain activities Saudi PIF annualised total shareholder returns fall to 5.8% as some assets lose value Saudi Aramco offers crude outside Hormuz to some Asian refiners, sources say Ten agreements signed to localise electrical transformer component manufacturing in Oman Khareef lifts Salalah Airport passenger arrivals by 8% Fuel tanker grounding: NCEM activated in Oman Oman to develop four industrial cities under Five-Year Development Plan 2026-2030 Saudi Arabia breaks into world’s top 10 for private AI investment: World Bank report Kuwait Petroleum Corporation posts three-year profit high of $6.9bln in FY 25/26 HSBC Private Bank appoints Feras Al Jaramani to lead its UAE Market UAE extends small business relief for corporate tax until December 2029 Saudi business sector surges with 46,900 new companies in 1H 2026 Solar power set for strong growth in Qatar

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IMF lowers Oman’s GDP growth forecast to 2.3% for 2025

IMF lowers Oman’s GDP growth forecast to 2.3% for 2025

Apr 29, 2025

Across the GCC, the IMF downgraded Saudi Arabia’s 2025 GDP growth forecast by 160 basis points to 3.0%, and by 70 basis points for 2026 to 3.7%. Kuwait’s 2025 forecast was reduced by 140 basis points to 1.9%

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Mohammed bin Rashid issues law on government land plots allocation to public entities in Dubai

Mohammed bin Rashid issues law on government land plots allocation to public entities in Dubai

Apr 29, 2025

The law aims to align land allocation with the Dubai 2040 Urban Master Plan

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Kuwait crude oil gain 35 cents Tues. to $69.03 pb - KPC

Kuwait crude oil gain 35 cents Tues. to $69.03 pb - KPC

Apr 28, 2025

Brent futures dropped 21 cents to USD 64.67 pb and West Texas Intermediate declined 20 cents to USD 61.33 pb

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Saudi Arabia reports record non-oil exports of $137bln in 2024

Saudi Arabia reports record non-oil exports of $137bln in 2024

Apr 28, 2025

The world's leading oil exporter is investing billions of dollars to achieve its Vision 2030 plan

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Oman projects 3.4% economic growth for 2025

Oman projects 3.4% economic growth for 2025

Apr 28, 2025

FDI inflows grew by 16.2% in Q3 2024 compared to the same period in 2023

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Kuwait crude oil gain 11 cents Wed. to $69.14 pb - KPC

Kuwait crude oil gain 11 cents Wed. to $69.14 pb - KPC

Apr 24, 2025

Brent futures rose USD 1.18 to USD 65.85 pb and West Texas Intermediate (WTI) was USD 1.14 higher to USD 62.47 pb

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S&P downgrades Bahrain's outlook to 'negative' on weak financing conditions

S&P downgrades Bahrain's outlook to 'negative' on weak financing conditions

Apr 24, 2025

Lower oil prices, maintenance at the Abu Sa'fah oil field, market volatility affecting funding costs, and higher social spending are expected to keep fiscal deficits elevated

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IMF cuts Saudi 2025 growth forecast, flags slower oil rebound as a drag on region

IMF cuts Saudi 2025 growth forecast, flags slower oil rebound as a drag on region

Apr 24, 2025

Oil-dependent governments are coming under pressure from the lowest crude prices since the COVID-19 pandemic

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Kuwait: Finance ministry warns companies over delayed income tax payments

Kuwait: Finance ministry warns companies over delayed income tax payments

Apr 23, 2025

Citing Article Eight of the Income Tax Decree, the ministry reiterated that late payments are subject to a penalty of 1% for every 30 days—or part thereof–of delay

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