Dubai Gold Prices Stay Below Dh500 for Second Day as Global Bullion Markets Face Pressure

Dubai gold prices remained below Dh500 per gram for a second straight day. The market continued to face pressure from weaker global bullion prices. At Tuesday’s opening, 24K gold traded at Dh497.25 per gram in Dubai. The move followed a decline below the Dh500 level during the previous evening. Other gold categories also recorded lower prices during the morning session....

PIC Investment Expands Kuwait-US Petrochemical Cooperation Through New Three-Year Business Agreement

Petrochemical Industries Company is expanding its international reach through a new three-year agreement. The PIC investment agreement strengthens commercial cooperation between Kuwait and the...

Kuwait Payroll System Expands Financial Oversight as Authorities Strengthen Anti-Money Laundering Measures

Kuwait payroll system measures are expanding as authorities increase oversight of private-sector wage payments. The new system aims to strengthen financial transparency across the...

Saudi Services Imports Rise 8.4% to SR120.8 billion as Travel and Transport Spending Increase

Saudi services imports increased 8.4 percent during the second quarter of 2026. Total imports reached SR120.8 billion during the period. Higher spending on travel,...

Saudi Services Imports Rise 8.4% to SR120.8 billion as Travel and Transport Spending Increase

Saudi services imports increased 8.4 percent during the second quarter of 2026. Total imports reached SR120.8 billion during the period. Higher spending on travel, transport, and business services supported the increase. The latest figures show stronger demand across several service categories. They also highlight continued activity across Saudi Arabia’s wider economy. Services imports rose from SR111.4 billion during the first...

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