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- Sohar International, Al Mouj sign MoU for RO63mn credit facility
- Oman's industrial exports rise 8.6% to RO1.6bn in Q1
- UAE economic outlook remains bullish despite global volatility
- Dubai realty pivots to long-term stability as market dynamics shifts
- Al Seer Marine, B International Logistics launch new shipping JV
- ACWA Power enters potential $10bn investment deals in Malaysia
- Galfar lands key Oman road dualisation project
- Zain accelerates national talent empowerment in digital economy
- Gulf Bank organizes cleanup campaign on Qaruh Island
- Al-Tijaria, CSCEC sign strategic MOU with to collaborate on govt-tendered projects
02/06/2025 04:39 AST
As part of their ongoing commitment to advancing Syria's economic recovery-and following their earlier contribution of approximately $15mn to settle Syria's arrears with the World Bank Group- Qatar and Saudi Arabia have announced joint financial support for public sector employees of the Syrian Arab Republic, delivered over a three-month period.
This support comes as part of the two nations' commitment to fostering stability in the Syrian Arab Republic, alleviating humanitarian suffering, and advancing the interests of the Syrian people. It reflects the deep-rooted bonds and longstanding historical ties that unite the people of the three countries, according to a joint statement by Qatar and Saudi Arabia.
Qatar and Saudi Arabia affirm that this support reflects their commitment to advancing development efforts, strengthening economic and social stability in Syria, and contributing to the improvement of living conditions for the Syrian people.
They also expressed their aspiration to coordinate efforts with the international community-especially with development partners from regional and international organizations-within a clear and comprehensive vision that promotes effective, sustainable support, and enhances development opportunities for the Syrian people.
Gulf Times
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03/06/2025
Oman's industrial sector exports recorded a notable increase of 8.6% in the first quarter of 2025, reaching RO1.618bn, compared to RO1.49bn during the same period in 2024, according to data released
Muscat Daily
03/06/2025
Despite global economic volatility, the UAE maintains a strong economic outlook, analysts say.
This is primarily driven by rising energy production, a robust tourism sector (Dubai welcomed 1
Khaleej Times
03/06/2025
Dubai's real estate market is entering a pivotal stabilisation phase in 2025, signalling a maturing and sustainable investment landscape.
After a remarkable surge that saw residential proper
Khaleej Times
03/06/2025
Dubai-based plane lessor Dubai Aerospace Enterprise (DAE) announced Monday it has secured a $300 million three-year unsecured term loan with Bank of China's Dubai Bank of China Limited, London Branch
Gulfnews
03/06/2025
Exports of electrical machinery and equipment from Oman surged by 141 percent in the first quarter of 2025, reaching 128 million Omani rials ($332.8 million) compared to 53 million rials in the same
Arab News
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