In a significant stride towards fostering economic growth and investment, Qatar is set to host the 4th International Conference on Fiscal Policies and Economic Development. This pivotal event, scheduled for 2025, promises to be a confluence of global thought leaders, policymakers, and industry experts. The conference aims to delve into

In 2024, the Dubai International Financial Centre (DIFC) Courts have seen a significant increase in case activity. The Small Claims Tribunal experienced a notable rise with 592 cases filed, marking a 13% growth primarily due to breach of contract and employment disputes. Additionally, there was an 8% year-on-year increase in

In the face of a booming online trade environment, the Ministry of Industry and Commerce in Bahrain has pledged unwavering support for small and medium enterprises (SMEs) operating within malls. This commitment is part of a broader strategy aimed at bolstering businesses amidst shifting consumer behaviors towards e-commerce. Collaborative Efforts

In an impressive demonstration of operational efficiency and market appeal, Oman Air has set a new benchmark by recording its highest seat occupancy rate ever. In January 2025, the airline achieved an astounding 88% total load factor, surpassing global averages and marking a significant achievement in air travel history. The

In a recent revelation, a Member of Parliament (MP) from Bahrain has brought to light the distressing situation faced by families who have been on long waiting lists for government housing. Mohammed Al Balushi, leading a parliamentary inquiry into housing projects, discovered that while these apartments are finally being allocated

Saudi Arabia and IMF Advance Support for Middle Eastern Economies in Crisis On February 16, 2025, a critical roundtable meeting was hosted by Saudi Finance Minister Mohammed Al-Jadaan alongside International Monetary Fund (IMF) Managing Director Kristalina Georgieva in AlUla. This event focused on "Supporting recovery in the Middle East’

In a significant gesture of goodwill and solidarity, King Salman, Custodian of the Two Holy Mosques, has greenlit an ambitious initiative—the Custodian of the Two Holy Mosques Gift for Dates Distribution Program. Scheduled during the holy month of Ramadan this year, Saudi Arabia is set to distribute 700 tons

In a significant move aimed at bolstering the growth of small and medium enterprises (SMEs) within the Sultanate, the Ministry of Finance in Oman has issued an important directive. On February 16, 2025, Financial Circular No. (1/2025) was released, mandating all government-related entities to prioritize awarding tenders up to