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Sandrine Zimra

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GCC economy posts solid growth in Q3 2025

GCC

GCC economy posts solid growth in Q3 2025

The Gulf Cooperation Council (GCC) economy maintained solid momentum in the third quarter of 2025, with nominal GDP reaching approximately US$595 billion, representing annual growth of 2.2 percent compared to the same period in 2024, according to data from GCC-Stat.

UAE to host IMF, World Bank meetings in 2029

United Arab Emirates

UAE to host IMF, World Bank meetings in 2029

The UAE Banks Federation (UBF) has welcomed the selection of the UAE to host the World Bank Group and IMF Annual Meetings in 2029, calling it a reaffirmation of the country's standing as a global financial hub.

Jordanian exports to Europe jump 54%

Jordan

Jordanian exports to Europe jump 54%

Jordan's exports to European Union countries jumped 54.3% in January 2026, reaching JD 54 million compared to JD 35 million during the same period last year.

Abu Dhabi's 2PointZero backs health tech giant WHOOP

United Arab Emirates

Abu Dhabi's 2PointZero backs health tech giant WHOOP

Abu Dhabi-based investment group 2PointZero has announced its participation in WHOOP's Series G funding round, joining a raise led by Collaborative Fund. The move signals a significant bet on the booming consumer health technology sector.

Qatar's LNG exports to drop 17% after Iranian strikes

Qatar

Qatar's LNG exports to drop 17% after Iranian strikes

Qatar's Energy Minister Saad Sherida Al-Kaabi announced Friday that Iranian attacks on the country's energy infrastructure would reduce liquefied natural gas (LNG) export capacity by 17%, resulting in estimated annual revenue losses of $20 billion.

The key factor behind Ras Al Khaimah's S&P rating

United Arab Emirates

The key factor behind Ras Al Khaimah's S&P rating

International credit ratings agency S&P Global has affirmed Ras Al Khaimah's credit rating at 'A/A-1' with a stable outlook for 202,  reflecting confidence in the Emirate's economic resilience and prudent fiscal management amid current global uncertainties.

Sheikh Mohammed bin Hamad salutes defence teams at struck oil facility

United Arab Emirates

Sheikh Mohammed bin Hamad salutes defence teams at struck oil facility

Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, visited Friday the fieldwork teams and defence personnel stationed at the Fujairah Oil Industry Zone (FOIZ), a facility that was among the targets struck during Iran's sweeping missile and drone offensive against Gulf states earlier this week.

Nasdaq Dubai reopens Wednesday

United Arab Emirates

Nasdaq Dubai reopens Wednesday

The Dubai Financial Services Authority (DFSA) has announced the reopening of Nasdaq Dubai, effective Wednesday, March 4, 2026, at 10:00 am Gulf Standard Time, following a period of closure amid the regional conflict convulsing the Middle East.

China stands with tyrants

Iran

China stands with tyrants

China rushed to condemn the elimination of Iranian Supreme Leader Ayatollah Ali Khamenei Sunday, calling it a "serious violation of Iran's sovereignty" and demanding an "immediate halt to military actions."

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