Qatar-based Gulf Warehousing Company (GWC Group) has reported a net profit of QR33.7 million ($9.3 million) for the first quarter of 2026, while its gross revenues hit QR318 million ($86.3 million), as it navigated severe regional supply chain disruptions.
The 2026 general budget for the UAE emirate of Sharjah, which proposes a total expenditure of AED44.5 billion ($12.12 billion), has been approved by His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah.
Saudi economy is set to remain resilient, underpinned by strong oil-sector infrastructure and continued economic diversification, said a report. Revenues are projected to rise 1% in 2027 to SAR1.2 trillion ($314 billion), compared with the 2026 estimate, while government spending is likely to fall 3%.
Dubai World Trade Centre (DWTC) is moving beyond its traditional role as an exhibition and conference venue towards an integrated economic platform aimed at increasing the sector's annual output to AED54 billion ($14.7 billion) by 2033.
Oman's General State Budget for 2026 forecasts total public expenditure of approximately RO11.977 billion ($31.15 billion), rising by 1.5 percent from the approved expenditure for 2025.
