Goldman Sachs opens new Kuwait office to strengthen its Middle East presence and expand investment, banking, and talent partnerships
Kuwait
Latest in Kuwait
GCC Railway Project
Gulf Railway Project: Trains to connect UAE, Saudi Arabia, Qatar, Oman, Kuwait and Bahrain by 2030
Gulf Railway Project will connect all six GCC states by 2030, spanning 2,117 km with high-speed passenger and freight trains, official confirms
GaStat
Saudi Arabia’s non-oil trade surplus with GCC doubles to $3.2bn in Q2
Saudi Arabia posted a 119 per cent jump in its non-oil trade surplus with GCC to $3.2bn in Q2 2025 as total trade hit $14.5bn
Kuwait
Kuwait legal reform: 983 laws under historic review
Kuwait is carrying out the most comprehensive overhaul of its legal system, with reforms spanning civil, economic, judicial and family laws as part of Vision 2035
Oil production
Saudi, UAE, Kuwait, Oman and OPEC+ countries agree to oil cuts starting October 2025
Saudi Arabia, UAE, Russia and other OPEC+ members will cut oil output by 137,000 barrels per day from October 2025, aiming to stabilise global markets
Abu Dhabi Airports
Kuwait’s Jazeera Airways to relaunch Abu Dhabi and Al Ain flights with fares from $29
Jazeera Airways relaunches direct Kuwait flights to Abu Dhabi and Al Ain from Oct 2, with fares from $29
GCC
GCC labour market grows 25% in four years as Gulf economy beats global average
GCC labour market grows 25% in four years as Gulf economy outpaces global average, with women now making up 40.2% of the workforce
Diabetes
Semaglutide cuts heart attack, stroke and death risk by 57% compared to tirzepatide: Report
According to the World Heart Federation, nearly 21 million people die annually from cardiovascular disease, the leading cause of disability and death worldwide
Branded residences
UAE holiday, petrol price changes, tax update, Saudi property reforms, new Kuwait laws – 10 things you missed this week
From a new UAE holiday and petrol price changes to a significant tax update, Saudi property reforms and new Kuwait laws — here are 10 big Gulf business stories you may have missed this week
Kuwait
Kuwait Vision 2035 pushes Kuwaitisation with new laws and private sector incentives
Kuwait Vision 2035 ramps up Kuwaitisation with new laws, training, and incentives to boost private sector jobs for nationals
Aviation
Flynas expands Saudi–Kuwait flights to 10 weekly
Flynas resumes direct Jeddah–Kuwait flights from November 1, expanding to 10 weekly services
Dubai police
Dubai real estate boom, UAE education reform; Saudi property rules; Kuwait megaprojects – 10 things you missed this week
Dubai real estate hits $17.3bn, UAE unveils AI school reforms, Saudi opens property to foreigners, Kuwait plans $32bn projects, and more GCC news
Alshaya Group
Spinneys enters Kuwait with Alshaya joint venture, first store to open in 2026
Spinneys expands into Kuwait with Alshaya joint venture. Ten stores planned, first opening in 2026, marking its fourth GCC market entry
Kuwait
Kuwait to attract $32bn investment and create 50,000 jobs under New Kuwait 2035 mega projects
Kuwait plans to attract $32bn in investments, create 50,000 jobs and launch 124 projects under its New Kuwait 2035 Vision, backed by major reforms
GCC
GCC national income hits $2.14tn in 2023 as exports fall 7 per cent
GCC-Stat data shows national income down 2.7 per cent year-on-year, but non-oil sector posts 6.4 per cent growth, led by finance, transport, and real estate
Aviation
Jazeera Airways offers “buy 1 get 1 free” flights across its network
Travelers can book between 18–24 August and get a free ticket on any Jazeera Airways route for trips from September to December 2025
Asset Management
GCC asset management soars 9% to $2.2tn as Saudi Arabia, UAE lead
Boston Consulting Group report shows 9 per cent rise in 2024, with sovereign wealth funds and retail mutual funds fuelling regional momentum, UAE and Saudi Arabia stand out