Lulu raised $1.7 billion on the ADX in November 2024 and Talabat followed with about $2 billion on the DFM in December. Gulf exchanges now host some of the world's most subscribed listings.
The UAE charges 9 percent corporate tax on profits above AED 375,000 for financial years started on or after June 1, 2023, with a 0 percent rate for qualifying free zone income.
Qatar exports about 77 million tonnes of LNG a year and was expanding toward 142 million tonnes by 2030 until the 2026 attack on Ras Laffan took about 12.8 million tonnes of capacity offline.
The UAE dirham has been fixed at 3.6725 to the dollar since the late 1990s, the Saudi riyal at 3.75 since 1986. The logic is oil, imports and interest rates imported from the Fed.
Saudi Arabia's PIF holds more than $925 billion and targets $2 trillion by 2030; ADIA and QIA sit among the world's largest. What these funds are, and what they buy.
Aramco paid $124.2 billion in dividends for 2024, held quarterly payouts near $31 billion through 2025, and guided to about $85.4 billion for 2025. Here is how the payout is built.