Trade was already growing fast: Non-oil trade between the two countries reached USD 2.15 bn in 2025, up 65% from 2024 and more than double the USD 1.01 bn recorded in 2021, according to The National.
Construction costs cooled again in September, even as forecasters turned cautious. The Construction Cost Index rose 2.2% y-o-y in September, easing from a rise in June of 2.7%, and inching down ...
Saudi Arabia wants self-navigating ships operating in its waters by the end of next year. Trials with shipbuilders and classification societies are nearing their final stages, Transport General ...
NMDC Energy has won three offshore EPC projects from Saudi Aramco, worth a combined USD 763.3 mn (c. SAR 2.86 bn), according to an ADX disclosure (pdf) from the Abu Dhabi-listed contractor. NMDC ...
Education Minister Mohamed Abdel Latif has turned down international school owners’ request to keep Arabic and history out of students’ final scores. Every Egyptian student at ...
Good morning, lovely people. The IMF mission is in town earlier than we expected for the eighth and final review of our USD 8 ...
Emirates NBD is the latest Gulf name turning to Asian lenders for cash. The bank is seeking a loan of at least USD 500 mn from Asian banks, with an option to upsize it to USD 1 bn, Bloomberg reports, ...
The forum closed with a named, KPI-tracked 2027-2030 program, 150 published indicators, and a wage floor that rises 87.5% by FY 2029/30 ...
The Abu Dhabi renewables firm is putting its Terna Energy acquisition to work while partnering with Khazna to explore powering Greece’s growing data center industry ...
Business is still moving: Masdar is buying one of Greece’s largest solar projects days after the UAE pledged EUR 15 bn for the country. And Emirates NBD is tapping Asian banks for up to USD 1 bn now ...
Analysts see enough of a real-rate cushion to wait out the EGP’s slide, and some warn a hike could come back on the table ...
Global Islamic finance assets rose 9% y-o-y to USD 6.5 tn in 2025, with sukuk issuance hitting a record USD 291.4 bn as GCC governments leaned on the market under prolonged lower oil prices, according ...