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GCC
Masar signs $82m land deal
Agreements signed with Abdulmohsin Al Rossais & Sons Group.
Borouge okays $656m dividend
The company said dividend reflects its resilience
DEWA posts record H1 profit
Revenue reaches record $4.04 billion.
Tabreed H1 revenue $308m
Blurb: Profit reaches $52 million in H1
ADNOC L&S to expand fleet
It will acquire 11 carriers for $1.3bn.
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UAE economy grows 0.4% in first half as non-oil sectors expand
GCC secretary general says start of Schengen visa waiver process ‘very close’
UAE media needs to turn dialogue into action
IRGC claims nightly operations against vessels ‘violating’ Iran’s Hormuz navigation rules
World Bank raises Saudi Arabia’s real GDP growth forecast to 7.9 percent in 2027
Saudi construction growth eases to four-month low in September
Hormuz traffic falls to lowest level in two months after surge in tanker attacks
Fitch sees Saudi fiscal pressure persisting through 2029
UAE, Tanzania launch Green Silk Road food corridor
Yemen fighting intensifies as Houthis target Aden, Saudi airports
‘Innovation takes time—The Gulf’s economic transformation requires patience and persistence’
In an interview with TRENDS, Josh Lerner says Gulf economies pursuing diversification must recognize that transformation takes time, patience, and resilience through inevitable ups and downs.