Companies listed on GCC exchanges reported aggregate net profits of $74.8 billion in Q2, up 31.3% over previous year. At the country level, the profit growth was led by Kuwait, Saudi Arabia, UAE and Oman, where firms posted double-digit y-o-y increases, according to Kamco Invest.
Leading Kuwaiti bank Burgan has launched a rights issue of up to KD50 million ($161.4 million) as part of efforts to boost its capital position and enhance financial flexibility to support its strategic priorities, including strengthening its Kuwait business, reallocating assets and accelerating digital transformation.
Jazeera Airways, Kuwait’s low-cost carrier, has launched its End of Summer Sale, offering travellers up to 30% off fares across its network, giving them another opportunity to plan an affordable getaway before the end of the summer travel season.
Kuwait’s leading low-cost carrier Jazeera Airways has launched its inaugural flight to Deir Ezzor, further strengthening its network in Syria and becoming the only airline to offer direct services between Kuwait and three Syrian cities.
Qatar Airways will resume flights to Bahrain, Erbil and Kuwait from Saturday, August 8, restoring key regional links that had been suspended amid the wider regional conflict and disruptions to air travel.
National Energy Services Reunited (NESR), an international provider of integrated energy services in the Mena region, has secured contract awards worth $300 million in Kuwait over five years, covering its Production Services and Drilling & Evaluation segments.
Syria reopened Deir ez-Zor International Airport on August 5 after nearly 14 years of closure, resuming domestic flights from Damascus and international services from Kuwait following the completion of maintenance and rehabilitation works.
Alternative Energy Projects Company (Apeco) has signed an agreement with United Real Estate Company to provide engineering, procurement and construction (EPC) services for a solar power system at its Souk Sharq complex in one of Kuwait City's busiest commercial destinations.
Jazeera Airways has launched a GCC travel promotion, offering up to 50% off fares on flights across the Gulf region. The limited-time offer covers 13 destinations, with discounted bookings available from August 3–8, 2026 for travel through December 12, 2026.
Jazeera Airways, Kuwait’s leading low-cost carrier, has launched a new Payday Sale with the PAYDAY30 promo code, offering travelers up to 30% off fares across all routes and markets, providing even more reasons to plan a getaway at great value.
