Kuwait cabinet approves restructuring of Kuwait Airways
The Kuwaiti Cabinet has approved a draft decree-law to convert Kuwait Airways into a fully state-owned shareholding company.
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UAE Fuel Price Committee announces notable price drop for all petrol variants entering July
The UAE Fuel Price Committee has announced a notable drop in prices for all petrol variants and diesel for the month of July.
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Kuwait Bourse closes lower as benchmark index drops amid regional market caution
The Kuwait Bourse closed lower on Thursday, with the All Share Index dropping 0.27 percent amid moderate trading volumes and regional caution.
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UAE becomes first Arab nation to enter global top 10 best countries index as future growth prospects soar
The UAE has made history by ranking 10th globally in the 2026 Best Countries report, taking the top spot worldwide for future economic growth potential.
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Kuwait and Indonesia forge strategic energy alliance to secure global supply chains amid uncertainties
Kuwait and Indonesia have reaffirmed their commitment to enhancing bilateral energy security, highlighted by KUFPEC’s participation in eight Indonesian oil and gas projects.
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Four Bahraini corporate dynasties secure Forbes top 100 status as regional family businesses expand
Four major Bahraini family-owned conglomerates have been recognized in the prestigious Forbes Middle East ‘Top 100 Arab Family Businesses for 2026’ ranking.
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Saudi Arabia tourism sector hits $80 billion in spending with 123 million visitors
Saudi Arabia reports a record $80 billion in tourism spending driven by 123 million visitors, signaling massive sector growth.
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Bahrain LMRA intensifies nationwide labor compliance inspections to protect market stability
Bahrain’s LMRA conducted nearly 4,000 inspections in May, resulting in the deportation of 324 irregular workers to maintain labor market stability.
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Saudi economy records robust 3% growth in Q1 2026 driven by non-oil sector expansion
Saudi Arabia’s GDP expanded by 3% in Q1 2026, primarily driven by strong performance across non-oil sectors and financial services.
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Future Oman Fund signs RO583 million deals to accelerate strategic industries and job creation
The Future Oman Fund has signed agreements for 105 strategic projects worth over RO583 million, aiming to create over 2,300 jobs.
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GCC sovereigns demonstrate strong fiscal resilience in updated global economic assessments
International ratings assessments highlight the structural fiscal resilience and strong credit profiles of GCC sovereigns amid global macroeconomic shifts.
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Saudi Ministry of Sport announces privatization expansion for five national sports clubs
The Saudi Ministry of Sport has opened prequalification applications for the privatization of five more sports clubs to accelerate private investment.
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Abu Dhabi introduces temporary 0% rental increase cap to support tenants and market stability
The Abu Dhabi Real Estate Centre (ADREC) has introduced a temporary 0% rental hike cap on tenancy renewals to boost market predictability for residents.
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UAE corporate ecosystem attracts surge of international entrepreneurs seeking strategic relocation
The UAE is experiencing a significant influx of international entrepreneurs relocating their businesses to leverage long-term residency pathways.
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Regional exchange centers report steady remittance volumes ahead of peak summer travel window
GCC exchange networks report steady, structured remittance volumes as expatriate communities coordinate financial transfers ahead of summer.
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Saudi eLeague 2026 concludes as Kingdom accelerates digital entertainment sector
The successful conclusion of the Saudi eLeague 2026 in Riyadh highlights the Kingdom’s rapid economic diversification and growth as a global esports hub.
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GCC Secretary General holds high-level diplomatic talks to bolster international trade ties
The GCC Secretary General hosted international delegations in Riyadh today to discuss expanded economic cooperation and global trade partnerships.
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UAE advances economic diversification and talent attraction with new policies
The United Arab Emirates is actively implementing strategic policies to enhance its economic landscape, attract global talent, and foster a sustainable future, marked by new visa regulations and strengthened labor protections.
Read moreQatar prioritizes health, safety, and technological advancement
Qatar is committed to public health, pioneering quantum-safe communications, and maintaining economic stability, reinforcing its position as a forward-thinking nation.
Read moreKuwait reinforces national security and enhances public services
Kuwait is actively implementing measures to enhance national security, streamline public services, and uphold economic resilience, reflecting its dedication to societal well-being.
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Lunate launches Shariah Dividend ETF as GCC construction pipeline reaches $2 trillion
Lunate is set to list its new GCC Shariah Dividend ETF on the Abu Dhabi Securities Exchange as the regional construction pipeline hits an unprecedented $2 trillion.
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UAE activates enhanced visa regulations and stricter private sector wage protection frameworks
The UAE has streamlined visa rules for qualifying Indian nationals, introduced an AI Specialist Visa, and activated strict new WPS salary deadlines.
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Bahrain reviews private sector resource allocation models for corporate continuity
Bahraini economic committees are analyzing private sector liquidity and commercial fund parameters to support stable corporate frameworks.
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Kuwaiti financial authorities maintain monitoring of regional security and oil market trends
Kuwaiti fiscal departments are continuously auditing global energy trends and regional shipping security to safeguard domestic banking liquidity.
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Bahraini stock markets react to shifting global oil prices and regional developments
Bahraini equities and financial indices reflect broader GCC market shifts linked to global energy pricing updates and regional security news.
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