Sandrine Zimra

Syria has signed a contract with American energy giant ConocoPhillips and Novaterra Energy to develop several gas fields and boost production at existing ones, state media reported Tuesday, the latest in a series of major energy agreements as Damascus seeks to rebuild its war-ravaged infrastructure.

Saudi Arabia launched Riyadh Air on Wednesday, with its inaugural flight departing King Khalid International Airport at 2:35am bound for London Heathrow, marking the culmination of more than four years of preparation and a bold challenge to Gulf aviation giants Emirates, Qatar Airways and Etihad.

Kuwaiti investors accounted for the lion's share of trading activity on the Kuwait Stock Exchange between January and May 2026, according to a report by Al-Shall Consulting Company based on Kuwait Clearing Company data.

The UAE has retained its position as the world's most attractive real estate investment destination, outranking the United States, the United Kingdom, France and Spain, according to a new survey commissioned by property developer Arada.

UAE-based AD Ports Group has acquired Corredor Logística e Infraestrutura (CLI), Brazil's leading independent agri-bulk port terminal operator, for an enterprise value of $835 million (AED 3.1 billion), marking the group's first entry into Latin America.

The United Arab Emirates posted robust economic growth of 6.2% in 2025, with real GDP reaching 1.9 trillion AED ($517 billion), according to data released Sunday by the Federal Competitiveness and Statistics Centre.

In the middle of a regional war, drone attacks, Hezbollah threats and grinding geopolitical uncertainty, Israel's shekel is doing something unexpected: it is surging. And that is becoming a serious problem.

The UAE economy has demonstrated remarkable resilience in the face of global geopolitical turbulence and is set for continued robust growth in the years ahead, driven by the sectors shaping tomorrow's economy, digital infrastructure, artificial intelligence, sustainability and transformation.

ADNOC's six listed subsidiaries posted a resilient first quarter, generating combined revenues of $11.8 billion, EBITDA of $3.7 billion and net profit of $2.2 billion, a strong set of numbers for a period marked by extraordinary disruption in the Strait of Hormuz.

For years, Tel Aviv's property developers operated with the quiet confidence of people who believed they had invented real estate.

Abu Dhabi is putting its $57 billion infrastructure agenda front and centre this week. 

Saudi Arabia’s budget deficit widened sharply in the first quarter, reaching its highest level since 2018 as government spending on economic diversification projects continued to rise, Bloomberg reported on Friday.