Region
Bahrain
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Total public spending in GCC countries is projected to reach $542.1 billion in 2025
Shaikh Salman bin Khalifa emphasized the enduring strength of relations between Bahrain and the U.K.
The GCC's rebound is expected to be fueled by the phasing out of OPEC+ oil production cuts and continued expansion in non-hydrocarbon sectors
The initiative aims to streamline trade and promote border security between both countries
Bahrain climbs 12 places in Global Gender Gap Report as women’s empowerment efforts gain recognition
The country secured second place in Gulf gender equality rankings showcasing progress in women's rights
The airline canceled flights to Jordan and Iraq until June 27 as safety remains a priority
Egypt
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EFG Holding distributed 20.488 percent of Valu’s capital, enabling direct shareholder participation in growth
Real GDP growth is projected to rise from 2.4 percent in FY2023/24 to 3.8 percent in FY2024/25, then to 4.2 percent and 4.6 percent in FY2025/26 and FY2026/27, respectively, according to World Bank projections
Two solar projects in Minya and Wahat will enhance Egypt's renewable energy capacity under its 2040 strategy.
Markets across the Middle East (non-GCC) came in second, with exports and re-exports totaling AED 25 billion
Initiative aligns with Egypt's strategy to enhance local crude oil and gas production.
Leaders exchanged heartfelt wishes in advance of Eid al-Adha, praying for health and happiness
Kuwait
See ArticlesTotal public spending in GCC countries is projected to reach $542.1 billion in 2025
The Saudi Tourism Authority announces direct flights starting July 15 and running through September
The GCC's rebound is expected to be fueled by the phasing out of OPEC+ oil production cuts and continued expansion in non-hydrocarbon sectors
The agreement aims to stimulate investment and provide legal protection for investors in both nations
The decision was made during the weekly Cabinet meeting led by Prime Minister Sheikh Ahmad
Gulf economies show strong non-oil growth in 2024, but key indicators highlight the depth and sustainability of diversification efforts
MENA
See ArticlesTotal public spending in GCC countries is projected to reach $542.1 billion in 2025
The conflict in Lebanon is estimated to have caused total direct damages across 10 sectors at $7.2 billion
Oman's decision marks a milestone for the region, where tax-free personal income has long been a defining feature of the social contract
Etihad Airways cancelled flights to several GCC destinations on Monday, namely Qatar
The GCC, with its abundant and low-cost solar energy resources, is set to become a leading producer of green hydrogen
Emirates has temporarily suspended all flights to Iran (Tehran) and Iraq (Baghdad and Basra), until Monday June 30, 2025
Oman
See ArticlesTotal public spending in GCC countries is projected to reach $542.1 billion in 2025
The move marks a significant milestone in Addleshaw Goddard's strategic growth across the Middle East
Oman's decision marks a milestone for the region, where tax-free personal income has long been a defining feature of the social contract
The 5 percent tax will be imposed on a natural person whose total annual income exceeds OMR42,000
The GCC's rebound is expected to be fueled by the phasing out of OPEC+ oil production cuts and continued expansion in non-hydrocarbon sectors
Gulf economies show strong non-oil growth in 2024, but key indicators highlight the depth and sustainability of diversification efforts
Qatar
See ArticlesTotal public spending in GCC countries is projected to reach $542.1 billion in 2025
The move marks a significant milestone in Addleshaw Goddard's strategic growth across the Middle East
Additional ground staff deployed at Hamad International Airport to assist affected passengers effectively
The modular, digital-first approach ensures future scalability and innovation across the airline's fleet
The GCC's rebound is expected to be fueled by the phasing out of OPEC+ oil production cuts and continued expansion in non-hydrocarbon sectors
Report highlighted plans to install over 1,000 charging stations by 2030, supporting future EV growth
Saudi Arabia
See ArticlesTotal public spending in GCC countries is projected to reach $542.1 billion in 2025
The move marks a significant milestone in Addleshaw Goddard's strategic growth across the Middle East
The sukuk issuance was divided into five tranches, each with different maturities and sizes
Non-oil growth indicates positive trends across various economic sectors in Saudi Arabia for 2024
June 2025 pension payments total AED834,511,656.49, reflecting a significant increase from last year
Streamlining procedures eliminates re-screening, reducing wait times and optimizing airline scheduling efficiency
United Arab Emirates
See ArticlesTotal public spending in GCC countries is projected to reach $542.1 billion in 2025
The authority indicated that the exceptional condition for benefitting from the exemption applies only to the first tax period of the entity subject to tax
The move marks a significant milestone in Addleshaw Goddard's strategic growth across the Middle East
Demand deposit balances surpassed AED1.147 trillion, up from AED1.109 trillion in December 2024
Spot gold was up 0.2 percent at $3,328.89 per ounce after recent lows
Emirates activated its robust contingency and disruption plans, with no diversions and only a small number of cancellations
Worldwide
See ArticlesThe move marks a significant milestone in Addleshaw Goddard's strategic growth across the Middle East
In the Asian stock market, Japan’s Nikkei rose 0.3 percent and Taiwan’s benchmark climbed 1.09 percent
Concerns rise over the Strait of Hormuz, through which nearly a fifth of global oil flows
The wise traveler will view their insurance policy not as an all-encompassing shield, but as one vital layer of protection in an unpredictable world
S&P 500 futures gained 0.80 percent and Nasdaq futures rose 1.13 percent
