Dubai Launches AED2 Billion Road Project to Cut Travel Times and Improve Traffic Across the City

Investment
Dubai has launched a major infrastructure initiative to improve transport across the emirate. Dubai Road Project marks another important step toward expanding road capacity and supporting the city's long-term urban development strategy. The Roads and Transport Authority has awarded a contract worth AED2 billion for the Latifa bint Hamdan Corridor Development Project. The investment reflects Dubai's continued focus on improving...
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Dubai Launches AED2 Billion Road Project to Cut Travel Times and Improve Traffic Across the City

Dubai has launched a major infrastructure initiative to improve transport across the emirate. Dubai Road Project marks another important step toward expanding road capacity...

Iraq Expands Fibre Optic Production with New Manufacturing Line to Strengthen Digital Infrastructure

Fibre Optic Production is expanding in Iraq after Diyala General Company introduced a modern manufacturing line. The project aims to strengthen local telecommunications production...

Economic Conference in Erbil to Strengthen Investment Ties Between Kurdistan, Turkey, and Azerbaijan

Economic Conference plans are moving forward as Kurdistan prepares to host a major regional gathering in Erbil. The upcoming event aims to strengthen investment...
Investment

Iraq Expands Fibre Optic Production with New Manufacturing Line to Strengthen Digital Infrastructure

Fibre Optic Production is expanding in Iraq after Diyala General Company introduced a modern manufacturing line. The project aims to strengthen local telecommunications production and support digital development. Additionally, the new sixth-generation production line increases Iraq’s ability to manufacture advanced fibre optic cables. The facility can produce up to 15,000 kilometres of cable annually. Furthermore, the project represents an important step...

Finacial

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Kuwait Approves Debt Law to Boost Economy

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Kuwait has passed a new debt law to strengthen its economy and attract investors. The law sets a debt limit of 30 billion Kuwaiti dinars ($97.4 billion). It also allows the government to issue bonds with a...
Financial

Oman Introduces Personal Income Tax to Boost Economy

Oman has taken a historic step by introducing Oman's personal income tax. Starting in 2028, the country will enforce this income tax reform as...
Financial

Service Charge Responsibility Clarified for UAE Property Buyers

The Dubai Rental Disputes Center (RDC) recently clarified service charge responsibility for UAE property buyers. Under the new ruling, buyers must pay service fees...
Investment

Dubai Launches Affordable Housing to Support All Income Levels

Dubai’s new housing project will offer affordable rental homes for different income groups. The project will include studio to three-bedroom apartments, providing quality homes...
Saudi Arabia

Gulf Markets Rise in October as GCC Equities Extend Rally

Gulf markets rose for a second consecutive month in October, showing stronger investor confidence across the region. The MSCI GCC index increased by 1.2 percent, supported...
Investment

Qatar’s Ports Handle Record Cargo in Q1 2025

Qatar’s ports experienced significant growth in cargo handling during the first quarter of 2025. Mwani Qatar reported that ports processed 336,889 containers, with Hamad...
Oman

Muscat Stock Exchange Index Gains 0.10 Percent Amid Lower Trading Value

The Muscat Stock Exchange (MSX) gained momentum on Tuesday as the MSX 30 Index climbed 0.10 percent to 6,252.58 points. Investors pushed the index...
Investment

Dubai’s Real Estate Boom: Why Investors Are Taking Notice

Dubai has become one of the world’s most attractive real estate markets, driven by strong economic growth, a stable environment, and high investment potential....
Financial

Dubai Gold Prices Rise Amid Global Rally

Dubai gold prices edged higher on Thursday, providing shoppers with a fresh mid-December boost. The increase comes after three days of steady rates and...
Investment

NEOM Wheat Shipment Strengthens Saudi Arabia’s Food Security and Grain Import Network

isra isra -
NEOM wheat shipment marks a major milestone in Saudi Arabia’s growing grain logistics network. The operation strengthens national food security while improving supply chain efficiency. It also highlights the Kingdom’s ongoing efforts to modernize import infrastructure. SABIL completed the first...

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