May 9, 2025

Oman’s state-owned energy company, OQ Exploration & Production (OQEP), reported a net profit exceeding 74 million Omani rials (approximately $192 million) in the first quarter of 2025. The company announced a base dividend of 57.7 million rials ($150 million) to be paid in May 2025 and expects to return a total of 230.7 million rials […]

Qatar has committed to providing Syria with monthly payments of $29 million for a period of three months, with the possibility of extension. These funds are intended to cover salary payments within Syria, reflecting continued international engagement in Syria’s economic stabilization efforts. Source: Reuters

Kuwait has formed a new central committee aimed at monitoring prices, controlling inflation, and regulating supply chains. This initiative is part of the government’s efforts to address economic challenges and ensure price stability amid global economic uncertainties Source: Zawya

Emirates airline announced a record full-year profit of 19.1 billion dirhams ($5.2 billion) for the fiscal year ending March 31, 2025, marking a significant recovery from the COVID-19 pandemic. The airline carried 53.7 million passengers, a 3% increase from the previous year, and expanded seat capacity by 4%. Emirates plans to bolster its network with

Saudi Arabia is actively seeking a civil nuclear agreement with the United States to diversify its energy sources and reduce carbon emissions, aligning with its Vision 2030 objectives. The proposed deal would enable the kingdom to develop nuclear energy for domestic electricity needs, freeing up more oil for export. However, concerns have been raised due