Region

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

Bahrain’s Gulf Air extends flight cancellations to two countries amid rising regional tensions

The airline canceled flights to Jordan and Iraq until June 27 as safety remains a priority

Oil-funded growth or true diversification? Key metrics to watch in the GCC

Gulf economies show strong non-oil growth in 2024, but key indicators highlight the depth and sustainability of diversification efforts

GCC dominates Dubai Chamber exports in Q1 2025 with AED 40.5 billion in trade

Markets across the Middle East (non-GCC) came in second, with exports and re-exports totaling AED 25 billion

Bahrain announces Eid al-Adha dates for 2025

Bahrain celebrates Eid al-Adha dates with community events and festive activities in 2025

UAE, Bahrain explore ways to boost collaboration in transport and infrastructure

Ministers explored ways to drive joint projects in sustainable mobility, autonomous driving and digital transformation

GCC dominates Dubai Chamber exports in Q1 2025 with AED 40.5 billion in trade

Markets across the Middle East (non-GCC) came in second, with exports and re-exports totaling AED 25 billion

Egypt to launch two new oil wells this June, adding 5,400 barrels daily

Initiative aligns with Egypt's strategy to enhance local crude oil and gas production.

UAE, Egypt Presidents discuss strengthening fraternal ties, cooperation across key sectors

Leaders exchanged heartfelt wishes in advance of Eid al-Adha, praying for health and happiness 

Valu to begin trading shares on Egyptian Exchange in June following dividend distribution

Trading of Valu shares on the EGX is expected to take place during the week commencing on June 22

Egypt reports record primary surplus of GDP at 3.1 percent from July to April 2025

The debt-to-GDP ratio has declined, showing commitment to maintaining this positive financial trend 

Kuwait, Austria strengthen financial cooperation with signing of Double Taxation Avoidance Agreement protocol

The agreement aims to stimulate investment and provide legal protection for investors in both nations 

Kuwait announces holiday date to celebrate Hijri New Year

The decision was made during the weekly Cabinet meeting led by Prime Minister Sheikh Ahmad 

Oil-funded growth or true diversification? Key metrics to watch in the GCC

Gulf economies show strong non-oil growth in 2024, but key indicators highlight the depth and sustainability of diversification efforts

GCC dominates Dubai Chamber exports in Q1 2025 with AED 40.5 billion in trade

Markets across the Middle East (non-GCC) came in second, with exports and re-exports totaling AED 25 billion

UAE and Kuwait enhance partnerships in AI, energy, transportation through strategic MoUs

Key sectors include oil and gas, social development, and infrastructure to support mutual goals 

Qatar and Kuwait sign agreement to avoid double taxation, promote investment

The deal establishes a legal framework for tax treaties to eliminate double taxation instances 

GCC dominates Dubai Chamber exports in Q1 2025 with AED 40.5 billion in trade

Markets across the Middle East (non-GCC) came in second, with exports and re-exports totaling AED 25 billion

GCC economies set to grow 4.4 percent in 2025 despite mounting global trade tensions, says ICAEW

Non-oil sectors in the GCC are forecast to grow 4.1 percent this year, supported by strong domestic demand

Armenia grants GCC nationals, residents visa-free travel starting July 1

New policy will enable travel without a visa for stays of up to 90 days within any 180-day period

GCC banks with Turkish subsidiaries set to benefit from enhanced macro conditions: Fitch

Banks report averagely decreased losses as Turkish inflation rates drop significantly in 2025

GCC economic growth to strengthen to 3.2 percent in 2025, 4.5 percent in 2026: World Bank

The UAE's growth is projected at 4.6 percent in 2025, and 4.9 percent in 2026 and 2027

Syria to boost foreign direct investment by resuming SWIFT services soon

Resuming SWIFT operations is expected to reduce informal trade channels in Syria’s economy 

Oil-funded growth or true diversification? Key metrics to watch in the GCC

Gulf economies show strong non-oil growth in 2024, but key indicators highlight the depth and sustainability of diversification efforts

GCC dominates Dubai Chamber exports in Q1 2025 with AED 40.5 billion in trade

Markets across the Middle East (non-GCC) came in second, with exports and re-exports totaling AED 25 billion

Oman’s tourism attracts $6.7 billion in investments from $7.8 billion target by end of 2025

Projects include luxury eco-camps and resorts that elevate Oman’s tourism experience and sector development 

Oman’s airports welcome over 4.7 million passengers by April 2025

Muscat International Airport handled 4.22 million passengers by the end of April 2025

Oman launches $2.6 million longest tourist walkway project in Nakhal

The new walkway will connect historic Nakhil Fort with Ain Al Thawra Park over 3 kilometers.

Oman unveils 2025 tourism plan to boost recreational offerings, elevate non-oil sector growth

Initiatives include projects that strengthen infrastructure and broaden visitor experiences across the Sultanate

Oil-funded growth or true diversification? Key metrics to watch in the GCC

Gulf economies show strong non-oil growth in 2024, but key indicators highlight the depth and sustainability of diversification efforts

GCC dominates Dubai Chamber exports in Q1 2025 with AED 40.5 billion in trade

Markets across the Middle East (non-GCC) came in second, with exports and re-exports totaling AED 25 billion

Qatar posts 194 percent surge in GenAI enrollments, 55 percent growth in certificates: Report

Qatar now leads the Arab world in technology and data science skills, scoring 64 percent in each

Real estate trading volume in Qatar exceeds $250 million in week

The volume of real estate transactions in Qatar reached $27.3 million from June 1 to 5 

Qatar’s Islamic finance assets grow 4.1 percent YoY to $187.6 billion in 2024

Islamic banks accounted for 87.4 percent of total Islamic finance assets 

Saudi Arabia

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Saudi Arabia expands national antiquities register with 744 new archaeological sites

Recent additions highlight Saudi Arabia’s commitment to preserving its rich cultural heritage and history 

flynas named best low-cost airline in Middle East for 8th consecutive year: Skytrax

The airline was also among the top 10 low-cost airlines in the world

Oil-funded growth or true diversification? Key metrics to watch in the GCC

Gulf economies show strong non-oil growth in 2024, but key indicators highlight the depth and sustainability of diversification efforts

Saudi Arabia breaks two new Guinness records in water desalination technology

The first record recognized the largest seawater desalination plant using reverse osmosis technology in the world 

Saudi Arabia’s GACA, Airbus forge partnership to advance sustainable aviation practices

Key areas of cooperation include sharing expertise in low-carbon and sustainable aviation fuels

United Arab Emirates

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Dubai Multi Commodities Centre sees 7 percent increase in U.S. companies, fueled by recent UAE-U.S. agreements 

DMCC is home to over 45 percent of the estimated 1,500 American companies in the UAE 

Dubai Orchestra project launched to reinforce city’s position as global center for culture, creativity

The Dubai Orchestra project aims to have Emirati talent make up 50 percent of its members by 2033

UAE, Serbia Presidents discuss strengthening ties in economy, investment and development

Leaders reaffirmed their commitment to further strengthening UAE–Serbia relations and building sustainable economic partnership

UAE economy set to grow 4 percent annually through 2028: S&P Global

The UAE economy's growth is driven by non-oil sector activity and rising oil production

Investopia signs MoU with Uzbekistan to host global talks in Tashkent in 2026

First edition will connect investors and decision-makers in key sectors vital for Uzbekistan's growth

Dubai’s real estate market sees tenfold surge in $2.72 million+ home sales over past four years

In Q1 2025 alone, over 1,300 homes changed hands at this level, representing a 31 percent increase year-on-year

Worldwide

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Global energy transition gains at fastest pace since pre-COVID levels, but challenges persist: WEF

The report revealed that the UAE recorded the strongest year-on-year gain in a decade

Global agrifood systems need $1.1 trillion annually to achieve sustainability by 2030

The global community can unlock the capital needed to secure food systems for future generations

Global investors convene in Abu Dhabi to explore infrastructure opportunities at ADIS 2025

ADIS 2025 brought together over 70 global speakers, 30-plus exhibitors, and a diverse assembly of policymakers, investors, innovators, and industry leaders from around the world

Crude oil prices surge above $76.6 on worries over Strait of Hormuz disruptions

Fed discussions this week may lead to a 25 basis point rate cut sooner than expected

Global oil demand to peak at 105.6 million barrels per day by 2029, says IEA

Heightened geopolitical risks, unresolved trade tensions and policy shifts have added several uncertainties to the oil market outlook

Central banks expect to increase gold holdings, decrease U.S. dollar holdings over next five years: WGC

A record 43 percent of respondents believe that their own gold reserves will also increase over the next 12 months