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US-UAE Currency Swap Talks Emphasize Tool for Dollar Liquidity
Discussions between the United States and the United Arab Emirates over a potential currency swap line in May 2026 have…
Dubai Signs MoUs to Improve Finance and Logistics for Local Manufacturers Exports
On May 8, 2026, the Dubai Department of Economy and Tourism signed strategic agreements with financial institutions and logistics providers…
Non-Oil Sectors Lift UAE GDP Share to 78 Percent With 2026 Growth Seen Above 3.1 Percent
UAE Minister of Economy and Tourism Abdulla bin Touq Al Marri said on May 6 that the national economy is…
Saudi Arabia Leads GCC Equity Rebound With $953 Million Foreign Inflow in April
Foreign investors delivered a net $406 million into GCC equities in April 2026 after heavy outflows the prior month tied…
UAE Banks Commit AED18 Billion to Advance Industrial Scaling and Technology Adoption
The UAE Ministry of Industry and Advanced Technology secured AED18 billion in financing commitments from national banks on May 6,…
Saudi Non-Oil PMI Rebounds Above 50 in April on Domestic Demand
Saudi Arabia's non-oil private sector returned to growth in April 2026 as the Riyad Bank PMI rose to 51.5 from…
UAE Banks Signal Readiness to Fund Industrial Expansion After Robust Quarterly Results
Mashreq chairman Abdul Aziz Al Ghurair told The National on May 4 2026 that UAE banks stand ready with strong…
Saudi Arabia SME Credit Facilities Reach $124.5 Billion After 33 Percent Growth
Cumulative credit facilities to Saudi SMEs expanded to SR467 billion ($124.5 billion) by the end of 2025, a 33 percent…
SAMA Reports Saudi Net Foreign Assets at $473.57 Billion With Private Loan Growth in March
Saudi Central Bank data released on May 1, 2026 showed net foreign assets rising to $473.57 billion in March while…
Saudi Finance Minister Warns of Extended Gulf Recovery Following Regional Conflict
Saudi Finance Minister Mohammed Al Jadaan warned on April 16 2026 at an IMF seminar in Washington that the Gulf…
Gulf Energy Recovery Faces Prolonged Delays After Infrastructure Attacks
Saudi Finance Minister Mohammed Al Jadaan warned on April 17 2026 that Gulf producers will need considerable time to restore…
IMF Warns Middle East Growth Faces Sharpest Downgrade Since Financial Crisis on Iran War
The International Monetary Fund warned on April 16, 2026 that the Middle East faces one of its sharpest economic downgrades…