Iraq Strengthens Gold Reserves, Ranking Among Top in Arab World

Financial
Iraq has secured a strong position in the Arab world’s gold market, with reserves reaching 162 tons, according to Central Bank Governor Ali Al-Alaq. This makes Iraq one of the largest gold-holding nations in the region. Al-Alaq emphasized that increasing gold reserves is a key strategy for reducing financial risks. He noted that Iraq has been consistently purchasing gold in...
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Dubai’s Financial Growth Transforms Global Business

Dubai has evolved into a major financial hub, driven by its strong economy, business-friendly laws, and modern infrastructure that attract global investors. This financial...

Dubai Office Space Crunch Drives Businesses to Newer Locations Like Expo City as Demand Outpaces Supply

Businesses are increasingly moving from Dubai’s central districts to newer areas like Expo City due to a shortage of high-quality office spaces, which are...

Qatar’s Commercial Bank Expands 24/7 USD Transfers with Citi Partnership

Commercial Bank has taken a major step by collaborating with Citi to introduce 24/7 USD transfers, making it the first in Qatar to offer this...
Financial

Iraq Strengthens Gold Reserves, Ranking Among Top in Arab World

Iraq has secured a strong position in the Arab world’s gold market, with reserves reaching 162 tons, according to Central Bank Governor Ali Al-Alaq. This makes Iraq one of the largest gold-holding nations in the region. Al-Alaq emphasized that increasing gold reserves is a key strategy for reducing financial risks. He noted that Iraq has been consistently purchasing gold in...

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Uncategorized

BP Signs Deal to Develop Iraq’s Oil Fields with 20 Gboe Potential

BP, the UK-based oil and gas giant, has struck a significant deal with the Iraqi government to invest in the redevelopment of major oil...
Financial

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Kuwait

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The Kuwait Stock Exchange (KSE) experienced a modest increase in market value during the first week of Ramadan. The market gained KD 105 million,...
Investment

Iraq Implements Measures to Prevent Summer Power Outages

The Iraqi Ministry of Electricity has announced a comprehensive plan to prevent power outages this summer, following disruptions in gas supplies from Iran. The...
Investment

Dubai Office Space Crunch Drives Businesses to Newer Locations Like Expo City as Demand Outpaces Supply

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Businesses are increasingly moving from Dubai’s central districts to newer areas like Expo City due to a shortage of high-quality office spaces, which are in exceptionally high demand. With supply struggling to keep up in prime locations, companies are...

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