UAE Withdraws from OPEC and OPEC+: What It Means for Gulf Energy Policy
The United Arab Emirates announced its decision to withdraw from OPEC and the broader OPEC+ production alliance on April 28, 2026, when Energy Minister...
UAE Petrol Prices June 2026: Super 98 at Dh3.66, What Drivers and Businesses Need to Know
The UAE Fuel Price Committee has set petrol prices for June 2026, with Super 98 remaining at Dh3.66 per litre, Special 95 at Dh3.54...
GCC Construction Market Set for H2 2026 Recovery After Iran-War Slump Cuts Q1 Awards 9.7%
The GCC's construction and projects market absorbed its sharpest shock in years during the first quarter of 2026, as the US-Iran conflict triggered a...
UAE Wage Protection System 2026: What Employers Must Know About Ministerial Resolution 340
The UAE Ministry of Human Resources and Emiratisation has issued Ministerial Resolution No. 340 of 2026, introducing significant amendments to the Wage Protection System...
GCC Aviation Update: Kuwait Airport Resumes Full Operations After Disruption, Travel Advisory
Kuwait International Airport has resumed full commercial operations following a temporary closure after its terminal was struck by drones in an incident on the...
UAE-South Korea CEPA in Force: What the Landmark Trade Deal Means for Gulf Exporters
The Comprehensive Economic Partnership Agreement between the United Arab Emirates and the Republic of Korea entered into force on 1 May 2026, marking a...
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...
Bahrain FinTech Bay Records 180 Active Fintech Companies: Targets Arab World’s Largest Hub by 2028
Bahrain FinTech Bay, the Kingdom's flagship fintech incubator co-managed by the Bahrain Economic Development Board (EDB) and major Bahraini financial institutions, has reached 180...
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...
