News

Oman Gateway Fund raises USD 70m in landmark IPO

The Oman Gateway Fund has raised USD 70 million through an initial public offering on the Muscat Securities Market, becoming the first mutual

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News

Oman’s digital economy reaches USD 7.7bn as new growth plan targets expansion

Oman’s digital economy has reached an estimated RO 3 billion (USD 7.7 billion) between 2021 and 2024, highlighting the sector’s growing role in

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News Real Estate

Kuwait real estate market surges 69.6% in value

Kuwait’s property market recorded strong growth in February, with total transaction value rising 69.6% year-on-year to KD 615.83 million.

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Economy News

UAE and Japan conclude CEPA negotiations to boost trade ties

The United Arab Emirates and Japan have concluded negotiations for a Comprehensive Economic Partnership Agreement (CEPA), marking Japan’s first such deal with an

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News

Maaden profit more than doubles as revenue tops USD 10bn

Saudi Arabian Mining Company reported a strong financial performance in 2025, with net profit attributable to shareholders surging 156% to SAR 7.3 billion.

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News

Salik revenue jumps 35% as Dubai traffic and toll network expand

Salik Company reported a 35.1 percent increase in revenue for FY2025, reaching AED 3.10 billion, driven by new toll gates, variable pricing and

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News

du proposes AED 1.8bn additional dividend for 2025

du has proposed an additional dividend of 40 fils per share for 2025, equivalent to AED 1.8 billion, subject to shareholder approval.

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News

RedBird IMI and Banijay to merge media units in global content deal

RedBird IMI, a US investment group backed by Abu Dhabi’s International Media Investments (IMI), and France’s Banijay Group have agreed to merge All3Media

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News

Kuwait’s KPC explores USD 7bn pipeline stake sale

Kuwait Petroleum Corporation (KPC) is holding early-stage talks with global investors over a potential USD 7 billion stake sale in its crude oil

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News

UAE non-oil business growth hits one-year high

Business activity in the UAE’s non-oil private sector accelerated in February, with the S&P Global UAE Purchasing Managers’ Index rising from 54.9 in

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