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Region
Bahrain
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Bahrain
Bahrain’s H1 2023 gross insurance premiums reach BD151.49 mn
Other GCC countries also recorded strong performance
Bahrain
Gulf banks to reap recovery benefits in 2022: S&P
Agency predicts rate hikes from central banks in union
Bahrain
Blockchain exemplifies the world’s safest vault
Technology ensures invulnerable data security
Bahrain
OPEC+ faces global challenges as COVID-19 lingers
Western double standards risk reducing production levels
Egypt
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Egypt
Saudi Arabia, Egypt boost cooperation in tech investments to grow region’s digital economy
Value of Saudi Arabia's investments in Egypt has reached approximately $26 billion, with over 8,000 companies
Egypt
Suez Canal Authority reaffirms support for global shipping lines
Expands services to mitigate impact on maritime traffic
Egypt
Egypt’s booming real estate sector attracts wealthy GCC investors
94 percent keen on acquiring a property
Bahrain
Blockchain exemplifies the world’s safest vault
Technology ensures invulnerable data security
Kuwait
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Banking & Finance
Kuwaiti banks expected to witness high profitability, low NPLs
Financing benefits from strong domestic deposit base
Bahrain
Gulf banks to reap recovery benefits in 2022: S&P
Agency predicts rate hikes from central banks in union
Bahrain
OPEC+ faces global challenges as COVID-19 lingers
Western double standards risk reducing production levels
MENA
See Articles
Hospitality & Tourism
Saudi Arabia’s Hail region receives nearly 1.1 million tourists in first half of 2024
This total includes around 170,000 international travelers and more than 907,000 domestic visitors
Banking & Finance
42 percent of Saudis plan to start businesses in three years: Report
Saudi Arabia’s entrepreneurial drive is at an eight-year high
Industry
Saudi Mawani reports 8.26 percent cargo growth, exceeding 27 million tons in October 2024
Outbound containers experienced a notable 14 percent increase, reaching 254,832 containers
Hospitality & Tourism
Saudi Arabia announces 99 percent growth in tourism hospitality licenses, 107 percent growth in rooms
The total number of licensed rooms has exceeded 443,000 by the end of Q3 2024
Hospitality & Tourism
Red Sea Global secures $1.5 billion for AMAALA infrastructure
This funding was secured by a consortium led by EDF Group and Masdar, alongside Korea East-West Power Company and SUEZ Company
Economy
GASTAT: Saudi Arabia’s real GDP grows by 2.8 percent in Q3 2024
Oil activities expanded by 0.3 percent year-on-year, while non-oil activities experienced a notable growth of 4.2 percent
Oman
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Economy
Oman forges industrial economic alliances with Saudi Arabia, Japan, and U.S.
The agreements aim to promote private sector involvement in the country's economic growth
Bahrain
Gulf banks to reap recovery benefits in 2022: S&P
Agency predicts rate hikes from central banks in union
Bahrain
Blockchain exemplifies the world’s safest vault
Technology ensures invulnerable data security
Bahrain
OPEC+ faces global challenges as COVID-19 lingers
Western double standards risk reducing production levels
Qatar
See Articles
Bahrain
Gulf banks to reap recovery benefits in 2022: S&P
Agency predicts rate hikes from central banks in union
Bahrain
Blockchain exemplifies the world’s safest vault
Technology ensures invulnerable data security
Bahrain
OPEC+ faces global challenges as COVID-19 lingers
Western double standards risk reducing production levels
Saudi Arabia
See Articles
Hospitality & Tourism
Noor Riyadh 2024: World’s largest light art festival welcomes over 3 million guests
The festival achieved two new Guinness World Records titles
Logistics
Saudi Arabia’s re-exports grow 23 percent to $16.23 billion in 2024
Ma'aden's exports reached SAR7 billion, transforming Saudi Arabia into the fourth-largest exporter of phosphate globally
Banking & Finance
Saudi Arabia’s liquidity grows 9.2 percent to $781.35 billion in October 2024
Demand deposits were the largest contributor to liquidity at 49 percent, recording SAR1.425 trillion
Hospitality & Tourism
Cruise Saudi launches inaugural AROYA ship at Jeddah Islamic Port
AROYA’s maiden voyage will depart Jeddah on December 16, taking passengers on a three-night journey across the Red Sea
Banking & Finance
Investor optimism soars as Saudi Arabia gears up for IPO market boom: Survey
20 percent of investors participated in IPOs over the past year and 15 percent engaged in IPO roadshows
Economy
Saudi Arabia records strongest non-oil activity growth in 16 months: PMI
Saudi Arabia's PMI rose from 56.9 in October to 59 in November, marking the fourth consecutive month of expansion
United Arab Emirates
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Industry
Saudi Mawani reports 8.26 percent cargo growth, exceeding 27 million tons in October 2024
Outbound containers experienced a notable 14 percent increase, reaching 254,832 containers
Sustainability
COP28: Climate financing milestones
Launch of pro-active solutions paving way for global action
Sustainability
Economy Middle East Guide: COP28 Green Zone events to attend
Discussions on transport, urban innovation and gender-just policies
Banking & Finance
Mastercard report shows UAE, KSA ahead in cross-border payments
Borderless transactions to grow in the next 12 months
Miscellaneous
Global Media Congress 2023 concludes with record attendance
Insights, innovation, and inspiration to shape the future of media
Miscellaneous
Abu Dhabi’s Global Media Congress explores challenges, sustainability in the media sector
172 countries convene to discuss environmental media and climate change
Worldwide
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Hospitality & Tourism
Saudi Arabia announces 99 percent growth in tourism hospitality licenses, 107 percent growth in rooms
The total number of licensed rooms has exceeded 443,000 by the end of Q3 2024
Banking & Finance
Saudi Arabia, Vietnam promoting JVs and SMEs through strategic MoU for enhanced trade and investment
The agreement focuses on sectors with considerable growth potential, including industry, services, and the digital economy
Economy
Saudi Ministry of Industry, UNIDO sign agreement to promote industrial development in Kingdom
The partnership outlines initiatives to transfer advanced technology and modernize industrial processes
MENA
Saudi Arabia, India strengthen ties in communications and space technology
This agreement with Saudi Arabia is TRAI’s 20th bilateral deal, boosting telecom cooperation between India and the Gulf
Banking & Finance
PIF-owned AviLease purchases Boeing 787-9 aircraft from BBAM
This transaction marks AviLease's first partnership with BBAM, adding its first Boeing 787-9 on operating lease
Economy
Saudi, Azerbaijan sign MoU for mutual exemption from visa requirements for diplomatic and special passport holders
Both countries explored ways to strengthen bilateral ties and reviewed recent developments in regional and international contexts