Pakistan and Oman agree to boost air travel, promote tourism

• An Omani delegation, led by Naif Ali Al Abri, Chairman of the Civil Aviation Authority, held a series of meetings with Pakistani officials.
• Recently, the two countries also resolved to broaden bilateral relations, especially in strategic, economic and trade spheres.

Iraq keen to meet fuel needs of Lebanese people: Oil Minister

• Iraq's oil minister Hayan Abdel-Ghani held a discussion with Lebanon's Minister of Energy and Water, Walid Fayyad.
• Fayyad appreciated the support extended by the Iraqi government at a time when Lebanon is facing its worst economic crisis.

31 more Kuwaitis file papers for parliament election

• Till Saturday, a total of 61 candidates, including a female, had filed documents for the election to be held in June.
• The Gulf state has seen prolonged bickering between the government and the elected parliament that has hampered fiscal reforms.

Amman Chamber exports rises to US$565m in January- March 2023

• Jordanian exports to Iraq was of US$217 million, to Switzerland at about US$103 million in January- March 2023.
• Jordanian exports to the UAE was about US$59 million, Egypt at US$42 million in January- March 2023.

Ajman witnesses 13 percent first quarter growth in new licenses

• Import and export, retail perfumes, general trade, and wholesale trade of women's ready-made clothing are among the newest commercial licenses issued in Ajman during this period.
• Renewal of licenses grew by 3 percent and process of issuing permits by 9 percent year on year.

$14m plot of land among $2.83bn weekly realty deals in Dubai

• The DLD report showed that 189 plots were sold for AED1.19 billion, 2,239 apartments and villas were sold for AED5.11 billion.
• Al Hebiah Fifth recorded the most transactions for this week by 63 sales transactions worth AED188.2 million.

Empower Q1 revenue up 6%

• For the last twelve months (Apr 2022 to Mar 2023), the company's consolidated revenue was AED 2.82 billion, compared to AED 2.53 billion (Apr 21 to Mar 22).
• The company attributed the first quarter growth to a rise in demand for its services across various regions of Dubai.

ADX New York roadshow attracts major institutional investors

• The two-day show attracted major institutional investors in the US and welcomed senior representatives from the Exchange and JP Morgan.
• The event attracted more than 60 CEOs, CFOs, in addition to senior management from institutional investors from across the US.

UAE and Lithuania Chambers agree to set up Business Council

• The two sides also agreed to strengthen economic relations and increase investment flow between the two countries.
• The newly formed council will strengthen mutual trade relations by organizing visits and offering support to Emirati and Lithuanian companies.

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