ADQ Expands Banking Team as AD Ports Share Offer Moves Toward September 15 Deadline

Financial
The AD Ports offer has gained another financial institution as ADQ strengthens its team for the tender process. International Securities LLC will join the existing managers supporting the transaction. Abu Dhabi Developmental Holding Company, known as ADQ, appointed International Securities as a co-manager. The appointment covers ADQ's voluntary conditional cash offer for the remaining AD Ports shares. International Securities will work...
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Iraq Approves New Oil Export Rules as Government Expands Transport and Loading Capacity

Iraq oil exports will follow new mechanisms after the Council of Ministers approved changes to export operations. The measures aim to improve flexibility across...

Kuwait History Highlights Major Developments Across Government, Business, and Technology

Kuwait history includes several important political, economic and social developments recorded on August 19. The date connects major events across more than six decades...

Talabat Renews Academy X Sponsorship to Empower Young Women in Kuwait’s Technology Sector

Academy X will continue receiving support from talabat as the company renews its strategic sponsorship. The partnership aims to strengthen technology skills among young...
Oil and Gas

Trump Warns Iran Trading Partners as Strait of Hormuz Disruptions Push Oil Prices Higher

The Trump Iran warning has increased pressure on countries maintaining business ties with Tehran. The warning also pushed fresh concerns across energy markets. US President Donald Trump threatened economic consequences for countries supporting Iran. He said governments and companies must stop providing financial or commercial support. Trump specifically mentioned financial institutions, businesses, airports and government entities. He also warned against activities...

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New Iran Attack Raises Concerns Over Strait of Hormuz Shipping Recovery and Global Trade Routes

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Hormuz shipping crisis concerns have increased after a new attack disrupted efforts to restore maritime movement through the strategic waterway. The incident created fresh uncertainty for shipping companies and regional markets. It also raised questions about the...
Investment

Ukraine and UAE Deepen Strategic Security Ties

Air defense cooperation between Ukraine and the UAE is gaining momentum as regional tensions continue to rise. Ukrainian President Volodymyr Zelensky confirmed ongoing efforts...
Oil and Gas

Oman Oil Profits Surge as OQEP Reports Strong Quarter

Oman oil profits continued rising as OQ Exploration and Production Company (OQEP) reported solid financial results for the first quarter. Net profit surpassed OMR74.9...
Financial

Iraq Growth Outlook 2026: IMF Forecasts Top 5 Arab Economy with Steady Expansion Through 2030

Iraq growth outlook gains strong momentum as new forecasts point to steady expansion and rising global standing. On Monday, the International Monetary Fund highlighted Iraq’s improving...
News

Saudi Arabia Wins Formula E’s First-Ever Best Host Country Award for Excellence in Electric Motorsport

Saudi Arabia has earned Formula E’s first Best Host Country award for its contribution to electric motorsport. The recognition highlights the Kingdom’s growing role...
Investment

UAE Mubadala Investment Returns Climb with AI and Global Growth Strategy

Right from the start, Mubadala Investment Company posted strong results, reflecting robust performance across its global portfolio. The company reported 10.1% annualized returns over...
Financial

Qatar Financial Markets Attract $1 Billion With QNB Bond Success

The Qatar financial markets are seeing rising global interest after QNB Group secured $1 billion in its latest bond issuance. This achievement came under...
Investment

Saudi Office Market Stays Strong as Regional Headquarters Drive Demand

Saudi offices continued attracting strong demand during the second quarter of 2026. Saudi offices remained a bright spot in the Kingdom’s real estate market...
Oil and Gas

Saudi Energy Minister Highlights OPEC+ Role in Stabilizing Global Oil Market

The Saudi Energy Minister on OPEC+ oil market role emphasized the alliance’s growing importance in stabilizing oil prices worldwide, especially during global uncertainty. Speaking...
Financial

Saudi Arabia Considers Multi-Million-Dollar Ukrainian Drone Defense Purchase

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Saudi Arabia is currently negotiating a deal with Ukraine to purchase specialized interceptor drones. These systems neutralize Iranian-made Shahed strike drones that recently targeted regional energy hubs. Reports value the potential deal at several million dollars. This includes a...

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