Economy

UAE Mediates 24th Russia-Ukraine Prisoner Swap, Freeing 370 Captives in Latest Mediation

The United Arab Emirates has successfully brokered its 24th prisoner of war exchange between Russia and Ukraine, securing the release of 370 captives from...

UAE Non-Oil Trade Crosses $1 Trillion for First Time as GDP Grows 6.2%

The United Arab Emirates closed 2025 with its strongest economic performance in more than a decade, posting a 6.2 per cent real GDP growth...

Qatar Airways Orders 20 Additional Airbus A350s Worth USD 7 Billion for 2026-2030 Fleet Expansion

Qatar Airways has confirmed a firm order for 20 additional Airbus A350-1000 aircraft, valued at approximately USD 7 billion at list prices, taking its...

UK-GCC Free Trade Agreement: Progress Report and What It Means for Gulf Businesses

Negotiations between the United Kingdom and the six GCC member states on a comprehensive Free Trade Agreement (FTA) have entered their final stages, with...

Oman’s Muscat Real Estate Corridor Attracts AED 8 Billion in Foreign Investment in 2025

Oman's real estate sector recorded AED 8 billion (equivalent to OMR 800 million) in foreign property investment during 2025, according to the Oman Real...

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