Region

Bahrain’s H1 2023 gross insurance premiums reach BD151.49 mn

Other GCC countries also recorded strong performance

Gulf banks to reap recovery benefits in 2022: S&P

Agency predicts rate hikes from central banks in union

Blockchain exemplifies the world’s safest vault

Technology ensures invulnerable data security

OPEC+ faces global challenges as COVID-19 lingers

Western double standards risk reducing production levels

Suez Canal Authority reaffirms support for global shipping lines

Expands services to mitigate impact on maritime traffic

Blockchain exemplifies the world’s safest vault

Technology ensures invulnerable data security

Gulf banks to reap recovery benefits in 2022: S&P

Agency predicts rate hikes from central banks in union

OPEC+ faces global challenges as COVID-19 lingers

Western double standards risk reducing production levels

OPEC oil output dips in March amid voluntary cuts and export challenges

Iraq and Nigeria lead reductions, maintaining OPEC's commitment to supply restraint

Saudi Arabia’s ADES Holding inks two agreements for oil exploration and production in Egypt’s Gulf of Suez

For FY 2023/2024, Egypt has raised its projected total investments in oil and natural gas to $5.79 billion

Dealmaking potential soars in the Middle East in 2024: Report

Robust M&A activity in the region with economic diversification driving growth

Saudi Arabia, Bahrain strengthen collaboration in transportation and road maintenance

The agreements seek knowledge sharing and the organization of training programs and seminars

Egypt’s Modern Gas to develop $533K subsidiary in Saudi Arabia

Modern Gas generated revenues of $55.2 million in 2023

Fintech accelerator programs: Paving the way for innovation and growth

Accelerating innovation, unveiling market trends and crafting business success

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

Gulf banks to reap recovery benefits in 2022: S&P

Agency predicts rate hikes from central banks in union

Blockchain exemplifies the world’s safest vault

Technology ensures invulnerable data security

OPEC+ faces global challenges as COVID-19 lingers

Western double standards risk reducing production levels

Gulf banks to reap recovery benefits in 2022: S&P

Agency predicts rate hikes from central banks in union

Blockchain exemplifies the world’s safest vault

Technology ensures invulnerable data security

OPEC+ faces global challenges as COVID-19 lingers

Western double standards risk reducing production levels

Saudi Arabia

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Saudi Arabia leads water sustainability by doubling desalinated water production

Close to 60 percent of the Kingdom’s water came from desalination in 2019

Localization rates for jobs in Makkah’s tourism sector reach 40 percent

The number of Saudi women working in the sector saw a 37 percent increase in 2024 so far

Saudi Arabia’s industrial production rises 1.1 percent in April on manufacturing surge: Report

Saudi Arabia sees 7.7 percent annual surge in manufacturing activity in April 2024

Saudi Arabia’s tourism sector contributing record $118.4 billion to GDP: Report

The Kingdom’s travel and tourism sector grew by over 32 percent in 2023

Saudi Arabia’s GDP grows 1.4 percent in Q1 2024, non-oil activities up by 3.4 percent YoY: GASTAT

Non-oil activities also rose by 0.9 percent in the first three months of 2024 compared to the previous quarter

Retail investors now hold 0.76 percent of Saudi Aramco shares

Domestic institutional investors now hold around 0.89 percent of the company's shares

United Arab Emirates

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COP28: Climate financing milestones

Launch of pro-active solutions paving way for global action

Economy Middle East Guide: COP28 Green Zone events to attend

Discussions on transport, urban innovation and gender-just policies

Global Media Congress 2023 concludes with record attendance

Insights, innovation, and inspiration to shape the future of media

Abu Dhabi’s Global Media Congress explores challenges, sustainability in the media sector

172 countries convene to discuss environmental media and climate change

Dubai Taxi Company’s landmark IPO offers over 620 million shares

Equivalent to 24.9 percent of total share capital

Worldwide

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Oil prices extend losses as U.S. product stockpiles grow, China activity slows

Brent oil futures expiring in July dropped 0.3 percent to $81.61 per barrel

Oil prices climb on demand optimism, OPEC+ cuts eyed

Brent crude futures for July delivery rose 0.3 percent to $84.51 per barrel

Oil prices maintain stability following recovery from 3-month low, investors await inflation data

Brent crude oil futures expiring in July edged 0.1 percent lower to $83.04 per barrel

Oil prices bounce back slightly as traders eye U.S. inflation report, upcoming OPEC+ meeting

Brent oil futures for July delivery gained 0.1 percent to $82.22 per barrel

Oil prices hover near multi-month lows, poised for weekly decline on rate hike concerns

Brent crude oil futures for July delivery fell 0.1 percent to $81.31 per barrel