Over 10,000 Chinese Travelers Safely Return from Gulf

Financial
China successfully coordinated the safe return of more than 10,000 citizens this Tuesday. These travelers arrived from the United Arab Emirates, Oman, and Saudi Arabia. Foreign Ministry spokesperson Guo Jiakun confirmed this massive effort during a briefing in Beijing. The operation required high-level coordination between the Foreign Ministry and the Civil Aviation Administration of China (CAAC). Consequently, domestic airlines...
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American Airlines Extends Flight Suspensions to Doha and Tel Aviv Amid Gulf Tensions

Flight suspensions now dominate the international travel landscape as American Airlines extends its service halts for Doha and Tel Aviv this Tuesday. The carrier...

Sheikh Mohammed Enacts Law No. 3 of 2026 to Boost Structural Safety in Dubai

Building safety standards in Dubai reached a new level of stringency this Tuesday after Sheikh Mohammed bin Rashid Al Maktoum issued Law No. (3)...

Gulf States Slash Oil Production by 6.7 Million BPD Amid Strait of Hormuz Crisis

Global oil markets faced a historic shock Tuesday as Bloomberg reported that Iraq, Saudi Arabia, the UAE, and Kuwait have collectively cut production by...
Oil and Gas

Aramco Halts World’s Largest Offshore Fields Amid Conflict

Global supply shock risks surged Tuesday as Saudi Aramco shuttered four of its most productive offshore oilfields. The state-owned giant suspended operations at Safaniya, Marjan, Zuluf, and Abu Safa due to immediate security threats. Safaniya alone holds the title of the world’s largest offshore field, with over 30 billion barrels in proven reserves. Together, these closures remove an estimated...

Finacial

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Saudi Grand Mosque: One of History’s Largest Religious and Architectural Projects

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Saudi Arabia has completed a monumental expansion of the Grand Mosque in Mecca, marking one of the largest religious and architectural projects in history. The expansion of Al-Haram underscores the Kingdom’s long-term commitment to serving millions of pilgrims who...
Financial

Saudi Arabia Tourist VAT Refund Begins

Saudi Arabia now allows tourists to claim back the 15% Value Added Tax (VAT) they pay during their visit. The Saudi Arabia VAT refund system, launched...
Financial

Gold Steady in Dubai After Global Market Turbulence

Gold prices opened the week stable in Dubai, signaling a cautious recovery after last week’s global market turbulence. The calm start reflects investor patience...
Iraq

IDC Completes First Well in Sonangol Contract in Qayyarah Oilfield

The Iraqi Drilling Company (IDC) has successfully completed its first well under a significant contract with Sonangol, a key player in the oil industry....
Investment

Emirates Group Hits Record Half-Year Profit for 2025-26

The Emirates Group reported a record half-year profit of AED 12.2 billion (US$ 3.3 billion) for the first six months of 2025-26. This marks...
Financial

Kuwait launches e-visa platform to boost travel and digital transformation

Kuwait has unveiled its new e-visa platform to simplify travel and strengthen the country’s digital transformation efforts. The Kuwait e-visa provides faster entry for tourists, families,...
Financial

Saudi Job Growth Remains Strong Despite Slower PMI

Saudi job growth remained strong in February, despite a slight slowdown in non-oil sector momentum. Companies continued to hire aggressively and raise wages. The Riyad...
Financial

Iraq Development Road Project Nears Final Economic Model to Boost Investment and Growth

Iraq’s General Company for Ports announced that the Mobility infrastructure development is nearing its final economic model stage. The initiative aims to boost investment...
Investment

Kuwait: Gulf Bank Rewards Investors with Dividends and Bonus Shares

Gulf Bank in Kuwait has decided to reward its investors. The bank will distribute a 10% cash dividend and 5% bonus shares for 2024....
Iraq

Iraqi Centre for Oil Services Boosts National Oil Capacity

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Iraq has launched a major new facility to strengthen its oil sector. The Iraqi Centre for Oil Services officially opened in Basra. This strategic project unites public and private forces for national growth. In addition, The partnership includes Basra Oil...

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