August 13th By the end of the first half of 2023, the general budget of the Sultanate of Oman recorded a financial surplus amounting to 656 million Omani riyals ($1.7 billion), compared to recording a surplus of 784 million Omani riyals ($2 billion) in the same period of 2022. The …
Read More »UAE and Qatar decide to restore diplomatic representation
Based on the Al-Ula Agreement, and out of keenness from the two countries to strengthen bilateral relations, the United Arab Emirates and the State of Qatar announce the re-establishment of diplomatic representation between them, by resuming their work today, Monday, June 19, 2023, between the UAE embassy in Doha and …
Read More »“Oman and Etihad Rail” signs a memorandum of understanding with “Vale” to transport its products from the port of Sohar to the regional markets
• The memorandum includes developing integrated logistical solutions for transporting iron and its products by rail. • The memorandum allows the Brazilian company, the leading manufacturer of iron ore, to export its products from its industrial complex in Sohar Port and the Free Zone to its future distribution centers. • …
Read More »The general index of the Qatar Stock Exchange closed higher
Doha, Shawwal 11, 1444 AH, corresponding to May 01, 2023 AD Today, the general index of the Qatar Stock Exchange commented on an increase of 91.09 points, or 0.89%, to reach the level of 10,272.32 points. During today’s session, 193 million and 111 thousand and 639 shares were traded, with …
Read More »The Muscat Stock Exchange index increased by 0.72%.
Muscat, Shawwal 11, 1444 AH, corresponding to May 01, 2023 AD The Muscat Stock Exchange index “30” closed today at 4752.04 points, up 34 points, or 0.72 percent, compared to the last trading session, which amounted to 4718.08 points. The trading value amounted to one million 519 thousand and 226 …
Read More »The airports of the Sultanate of Oman recorded a remarkable increase in the number of arrivals by 133%
Muscat, March 4 / The number of incoming and outgoing international flights through the airports of Muscat, Salalah and Sohar increased by a growth rate of 128%, to reach 65,220 flights by the end of December 2022, compared to 28,580 flights during the same period in 2021, according to statistics. …
Read More »Kuwait, photographed by KhalifaSat, published by the Mohammed bin Rashid Space Center
The official account of the Mohammed bin Rashid Space Center, via Twitter, published a picture of the sisterly state of Kuwait, taken by the KhalifaSat satellite, to celebrate the National Day of the State of Kuwait. In its tweet, the office said: “We congratulate the leadership and people of the …
Read More »Media in: Kuwait is in the heart of every Emirati
$1.4 trillion in additional revenues for the Gulf states from oil and gas in the coming years
The year 2022 undoubtedly witnessed a significant decline in the stock markets, and the outlook for 2023 remains cautious, as inflation and geopolitical tension continue to affect the global economy. However, one market that appears to have benefited from the turmoil and is defying the general downtrend with a steady …
Read More »Maritime traffic in 3 Kuwaiti ports was temporarily suspended
Kuwait News Agency said, on Sunday, that the Ports Corporation announced a temporary halt to maritime traffic in three ports due to fluctuating weather conditions. The agency stated that the movement stopped at eight in the morning local time in the ports of Shuwaikh, Shuaiba and Doha, due to the …
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