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Flying Taxi in the Sky Marks Qatar’s First Unmanned eVTOL Urban Flight

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Qatar air taxi reached a historic milestone with the nation’s first unmanned eVTOL urban flight, marking a major step in smart and sustainable mobility. This trial highlights Qatar’s drive to adopt advanced transportation technologies. To begin with, the...
Financial

Qatar Aviation Fuels Economic Growth with Rising Tourism Demand

Qatar aviation industry continues to expand with remarkable strength, fueled by the performance of Qatar Airways and increasing regional travel demand. The airline’s rapid...
Investment

AD Ports Agreement Drives Real Estate Growth in UAE

The AD Ports agreement with Mira Developments marks a key step forward for the UAE’s growing real estate sector. AD Ports Group confirmed a...
Financial

Turkey Strengthens Strategic Partnership with Kuwait During Presidential Visit

Turkey has reinforced its strategic partnership with Kuwait during President Recep Tayyip Erdogan’s official visit. Ambassador Tuba Nur Sönmez highlighted the depth of bilateral...
Investment

Listing in Dubai as ALEC Holdings Offers 20% Stake

ALEC Holdings announced plans for a new listing in Dubai, offering investors a 20% stake in the company. The engineering and construction firm confirmed...
Investment

Dubai Property Prices Could Drop 5-10% as New Supply Enters Market by 2027

Dubai property prices could experience a 5 to 10 percent adjustment as more homes enter the market by 2027. However, Mohamed Alabbar expects the...
Financial

Saudi Arabia Confirms Four-Day Eid Al Fitr Holiday for Private Sector Employees

Saudi Arabia has officially announced a four-day break for private and non-profit sector employees in celebration of Eid Al Fitr. This decision allows workers...
Financial

Saudi Arabia Launches Open Banking Licensing, Paving the Way for Fintech Growth

Saudi Arabia has taken a major step in its financial transformation by launching formal Open Banking licensing. The move marks a significant shift in...
Bahrain

Bahrain Launches $530 Million Development Bond With 6.25% Return

The Bahrain bond issue has opened for investors as authorities launch a new government development offering. This Bahrain bond issue attracts both local and...
Iraq

OPEC+ Approves Fourth Consecutive Oil Output Increase as Iraq Receives Higher Production Quota for July

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OPEC+ approved a fourth consecutive increase in oil production targets on Sunday, continuing efforts to gradually restore output despite ongoing disruptions linked to the closure of the Strait of Hormuz. The producer group agreed to raise collective output targets by...

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