The New Arab Staff

Kareem Ramadan

Kareem Ramadan

Kareem Ramadan is a Muscat-based correspondent for The New Arab's Arabic edition, Al-Araby Al-Jadeed.

Recent missile and air strikes on the UAE during a period of ceasefire, unlike other countries, have undermined confidence in the "safe haven" model.

07 May, 2026

Illicit flows grew by 694 per cent over the past year alone, reaching a total value of 154 billion dollars, according to a report published by Chainalysis.

06 May, 2026

In theory, Eid remains the Gulf region's largest spending wave, with retail activity exceeding $60 billion.

19 March, 2026

Qatar's largest LNG export terminal has not shipped cargo for five days, the longest uninterrupted period since 2008, threatening to drive fuel prices higher.

12 March, 2026

The draft budget for the 2025–2026 fiscal year forecasts an 11.9% increase in the deficit to 6.31 billion Kuwaiti dinars (about $20.5 billion).

27 February, 2026

Rising US-Iran tensions threaten Strait of Hormuz, exposing Gulf economies to oil, trade, investment shocks.

02 February, 2026

Saudi Arabia is redefining luxury travel with Dream of the Desert, a high-end train offering world-class interiors, cultural highlights, and economic growth

31 December, 2025

Saudi Arabia's push to attract foreign property investment is fuelling real estate growth but raising concerns over soaring housing costs for locals.

16 July, 2025