DP World and Dubai Customs sign MoUs with Israel-based DoverTower to explore the development of trading links between the UAE and Israel.
The Kuwaiti Parliament approves a law that increases protections for struggling businesses and provides new options before declaring bankruptcy.
The Public Establishment for Industrial Estates and its investment arm, Shumookh Investment and Services, sign an agreement with Advanced Universal Tech LLC to establish Oman Nano City in Sur Industrial City.
Abu Dhabi launches the Khalifa University Space Technology and Innovation Centre to support the UAE’s space missions, build capabilities, and create a space hub for training and research.
Qatar’s emir issues a new public-private partnership law intended to strengthen the role of the private sector in the country’s economy.
Kuwait’s Cabinet approves a fiscal stimulus package that contains measures to provide liquidity for small- and medium-sized enterprises and directives for local banks to postpone select loan repayments for a 3-month period.
Saudi Arabia raised an estimated $12.2 billion from VAT in 2018, exceeding expectations by nearly one-third.
Oman's state-owned Duqm refinery closes $4.6 billion in financing from domestic and international sources.
Umm Al Quwain, one of the UAE's 7 emirates, issues royal decree increasing government salaries by 100 percent.