Saudi Arabia Approves First 19 Hotel Projects Under Hospitality Investment Program, Targeting SR6.7 Billion

Investment
The first 19 projects approved under Saudi Arabia's Hospitality Investment Enablers Program are expected to unlock SR6.7 billion in investment and add more than 3,000 hotel rooms.
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Qatar and Singapore Renew LNG Cooperation Pact as Leaders Meet in Doha

Singapore and Qatar have renewed a memorandum of understanding between QatarEnergy and the Singapore government on liquefied natural gas and low-carbon technology.

Emirates NBD to Run OpenAI Models on UAE In-Country Infrastructure

Emirates NBD will become the first bank in the Middle East and North Africa to deploy OpenAI GPT models using in-country inference infrastructure in the UAE, the companies said on Monday.

Saudi Private Equity Firm Alt Capital to Buy Significant Minority Stake in Fuel Retailer Mazaya

Riyadh-based private equity firm Alt Capital has signed a share purchase agreement to acquire a significant minority stake in Mazaya, a Saudi operator of gas stations and transportation services.
UAE

Etihad Extends Abu Dhabi Flight Cancellations to Riyadh, Dammam and Jeddah Until October 24

Etihad Airways has extended the cancellation of flights between Abu Dhabi and the Saudi cities of Riyadh, Dammam and Jeddah until Saturday, October 24, citing regional disruption. All flights between Abu Dhabi and Riyadh, and between Abu Dhabi and Dammam, are canceled through that date, the airline said, Khaleej Times reported. Four Jeddah services are also canceled: EY601 and EY603 from...

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Saudi Arabia Supports Palestinian State Recognition

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Saudi Arabia helps Palestine as it warmly welcomes recent announcements from Australia and New Zealand about recognizing the State of Palestine. Moreover, the Kingdom described these moves as a meaningful boost to the two-state solution and a...
Investment

Kuwait Through the Years

Kuwait has marked numerous historical milestones, showing progress across banking, education, trade, healthcare, and culture on February 8. The British Bank started operations in Kuwait...
Oil and Gas

Aramco Gas Division Plans Could Create Standalone Unit and Open Door to Future Investment

Saudi Aramco is exploring plans to create a standalone gas business as its natural gas operations expand. The company has reportedly hired Evercore to...
Investment

Qatar Economic Growth Strengthened by Public-Private Dialogue

Qatar economic growth received a boost during the first Public–Private Sector Dialogue Forum, held yesterday. The event brought together senior government officials and private...
Investment

Dubai Luxury Property Market Powers Ahead With Dh65.4 Million Palm Jumeirah Sale

The Luxury Property of the Dubai market delivered another eye-catching deal after a Palm Jumeirah apartment sold for Dh65.4 million, reinforcing the emirate’s appeal...
Financial

Dubai Gold Prices Drop Dh4 Per Gram as Markets Watch US-Iran Developments

Dubai gold prices declined on Tuesday as lower demand for safe-haven assets weighed on the market. Investors also monitored inflation trends and upcoming US...
Investment

Kuwait Real Estate Auctions Generate KD9.63 million as Competitive Bidding Pushes Property Values Higher

Kuwait real estate auctions generated KD9.63 million from 18 properties during September. The sales came through auction sessions organized by the Execution Department at...
Iraq

Iraq Expands Oil Exports with Iraq Offshore Pipeline Project

Iraq continues to strengthen its oil infrastructure through the Iraq offshore pipeline project. This effort aims to boost national energy exports. To begin with, Iraq...
Financial

Saudi Stock Market Slips as Tadawul Index Ends at 10,619

The Riyadh bourse ended lower as the Tadawul All Share Index slipped 48.34 points to 10,619.10. The benchmark fell 0.45 percent, signaling investor caution....
Investment

techUK Leads First-Ever Gulf Delegation to UAE and Saudi Arabia to Strengthen Tech Partnerships and Innovation

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techUK led its first-ever delegation to the Gulf from October 13 to 16, 2025. The visit included the UAE and Saudi Arabia. The programme focused on business and innovation opportunities. Moreover, it emphasized networking and cultural immersion. The delegation was...

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