Qatar recorded a budget deficit of QR 757 million (~$208 million) in Q2 2025, its second consecutive quarterly shortfall. The gap stems from a 5.7% increase in government spending, while revenues slipped slightly, underlining ongoing challenges in economic diversification despite robust oil and gas income Source: reuters.com
Qatar Posts Q2 Budget Deficit Read More »
A BlackRock-led group is preparing to invest approximately $10 billion into Saudi Aramco’s Jafurah gas infrastructure project. This marks a significant step in attracting global investment into Gulf energy ventures focused on expanding gas production Source: reuters.com
Saudi’s Aramco at Forefront of $10 B Infrastructure Deal Read More »
Emirates Airlines struck a preliminary deal with Crypto.com to allow cryptocurrency payments from next year. This move, aligned with Dubai’s digital asset strategy regulated by VARA and DMCC, targets tech-savvy travelers and signals growing crypto adoption in Gulf commerce Source: reuters.com
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Gulf markets rallied for a second session as investors awaited key US inflation figures and ongoing trade negotiations. Dubai and Abu Dhabi indices rose ~0.7%, driven by strong Q2 earnings—such as Emirates NBD’s participation in Dubai Metro’s financing Source: reuters.com
Gulf Stocks Climb Ahead of US Data & Trade Talks Read More »
Bahrain’s Crown Prince revealed plans to invest over $17 billion in US industries—including a $7 billion aviation package with Boeing/GE—during high-level talks in Washington. Agreements also cover LNG, aluminum, AI chips, and nuclear cooperation—all designed to spur economic partnership and job creation Source: reuters.com
Bahrain Announces $17 Billion US Investment Plan Read More »