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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
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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
Saudi Arabia issues first marina operator licenses in Yanbu and Al-Lith
By licensing these new marinas, Saudi Arabia also aims to improve infrastructure and promote sustainable tourism along the Red Sea coast
Logistics
Saudi Arabia to expand rail network, generate $4 billion investment opportunities by 2030
During the conference, Al-Jasser introduced the Asasat Program, which aims to localize the rail industry in Saudi Arabia
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
Real Estate
Program HQ to propel Riyadh’s new office spaces to 6.3 million sqm by 2026: Report
Riyadh has recorded the highest national increase in Grade A office lease rates over the last 12 months at 31 percent
Economy
Saudi Arabia’s non-oil economy to grow 4.4 percent in 2025 amid projects boom: Report
IMF expects 3.5 percent non-oil growth for the full year of 2024, similar to the official estimate of 3.4 percent
Real Estate
Cityscape Global 2024: Residential offers, financing solutions advance Saudi home ownership targets
The second day saw the announcement of an impressive $3.36 billion worth of new projects and strategic agreements in the Kingdom
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