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 fund to be publicly listed in Oman.
News
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 the country’s diversification strategy.
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.
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 Arab country.
Opinion
From offshore to onshore: How DIFC Foundations are changing family investment structures
For many years, families investing internationally defaulted to offshore holding structures. Companies and trusts were often established in familiar jurisdictions even when assets and decision-making sat elsewhere. That approach is now being questioned, particularly by families with growing exposure to Dubai.
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.
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 Dubai’s expanding economy.
Opinion
Reserve your global business address in Dubai’s master city
The business mindset in Dubai right now centres on momentum. That means ultra-fast decision-making within an infrastructure optimised for growth. It’s a compelling place to set up or relocate your business in 2026.
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.
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 with Banijay’s TV production business, creating a major global content producer.