All Articles

The market capitalization of stocks in the Abu Dhabi and Dubai markets has surpassed $1 trillion for the first time, exceeding other...

Kuwait Central Bank issues 200 million dinars in bonds and tawarruq at 4.125% interest to regulate market liquidity.

Kuwait’s 2023-2024 budget shows a $5.23B deficit, down from a surplus last year, with oil revenues declining and non-oil revenues rising 1.3

The World Bank has supported GCC countries for over 50 years, providing expertise in capacity building, reforms, and human capital developme

Gulf stock markets rose after Trump’s U.S. election win, with Saudi, Dubai, and Abu Dhabi indices up, fueled by expectations of business-fri

Mohamed Saif Al Suwaidi is appointed CEO of Qatar Investment Authority, managing $526B in assets, after Mansoor Al Mahmoud became Health Min

The UAE ranks third in global diamond trade, with a projected value of $40B in 2024. Diamonds make up over 5.5% of the country’s non-oil tra

Alba’s Q3 profits tripled to BHD 54.5M, while profits for the first 9 months rose 56%. Ma'aden acquired SABIC’s 20.62% stake in the company.

Dubai Investments Q3 profits up 2% to AED 241M, driven by fair value gains and higher financing revenues, despite a 4% drop in total revenue

China received $40B in orders for its $2B dollar bond issuance in Saudi Arabia, reducing yields to just 1 basis point above U.S. Treasuries.

IHC starts a AED 5B share buyback program, with the first tranche of AED 1.8B. The program will run for a year.

Fujairah’s ship fuel sales rose 3% in October vs. September, but marked a fourth consecutive annual decline, reaching 635,471 cubic meters.