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Bahrain Pushes Jobless Aid Rise Despite Government Warnings

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Lawmakers in Bahrain continue to push for an unemployment support boost, despite strong opposition from the government. A new proposal aims to raise monthly unemployment benefits by BD100 for Bahraini citizens actively seeking work, signaling a major...
Saudi Arabia

Saudi US Stock Trading Hits $44bn, Triples Year on Year

Saudi US stock trading soared to SR164.3 billion ($43.8 billion) in the first quarter, almost tripling from last year. This rise highlights Saudi investors’...
Financial

UAE: Gold Prices Climb as Dollar Weakens and Tariffs Rise

Gold prices climb again in the UAE as traders react to new U.S. tariffs and a falling dollar. Global and local markets saw gold...
Investment

Iraq Cement Deal Powers $300 Million Boost for Syrian Industry

Iraq's Vertex Investment Group signed an agreement with Syria’s Ministry of Economy and Industry to modernize and expand the Hama Cement Plant. The partnership...
Investment

Saudi Arabia Increases Tourism Wage Support to Boost Local Jobs

Saudi Arabia has raised tourism wage support from 30 percent to 50 percent. This move aims to create more jobs for Saudi citizens and grow the...
Investment

Kazakhstan and Oman Launch New Transit-Transport Corridor to Boost Trade

Kazakhstan and Oman are advancing plans to create a transit-transport corridor through Iran, aiming to diversify trade routes and strengthen bilateral commerce. The project...
Financial

Gulf Investors Launch $2 Billion Arbitration Against Pakistan

Saudi and Kuwaiti investors have filed a $2 billion arbitration case against Pakistan over K-Electric, the country’s largest private power utility. The dispute escalates...
Investment

Iran and Kuwait Resume Joint Trade Committee Talks

Iran and Kuwait resumed their Joint Trade Committee after more than ten years. Mohammad Ali Dehghan-Dehnavi, deputy minister of Industry, Mine and Trade, and...
Investment

Dubai Public Transport Gets Electric Boost

Dubai has strengthened its public transport network with the arrival of 250 new buses, including the UAE’s largest fleet of electric vehicles. This deployment...
Oil and Gas

UAE Fuel Prices May 2025: Petrol Rises Slightly, Diesel Drops

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The UAE fuel prices May 2025 have been officially announced. Starting May 1, new petrol and diesel rates will take effect across the country. After a consistent drop in March and April, May brings slight changes in petrol prices,...

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