First India-Bound Tanker Passes Strait of Hormuz Since Regional Conflict

The Liberia-flagged tanker Shenlong Suezmax arrived at Mumbai Port this Wednesday with a vital shipment of Saudi Arabian crude. This vessel became the first India-bound tanker to navigate the Strait of Hormuz since regional hostilities erupted on February 28. It departed Ras Tanura on March 1. An Indian captain safely guided the ship through the world’s most dangerous maritime chokepoint...

Bahrain’s Banks Remain Fully Operational Amid Regional Developments

The Bahrain Association of Banks (BAB) announced today that the kingdom’s financial institutions remain fully operational. Despite recent developments, the banking sector continues to...

BGC Confirms Energy Infrastructure Stability Despite Tanker Strikes

Basra Gas Company (BGC) confirmed today that its primary facilities remain fully operational following a high-profile maritime incident. In the early hours of Thursday,...

Drone Strikes Target Kuwait International Airport, No Casualties Reported

The Directorate General of Civil Aviation announced that several drones targeted Kuwait International Airport early Thursday morning. This attack caused significant material damage to...

First India-Bound Tanker Passes Strait of Hormuz Since Regional Conflict

The Liberia-flagged tanker Shenlong Suezmax arrived at Mumbai Port this Wednesday with a vital shipment of Saudi Arabian crude. This vessel became the first India-bound tanker to navigate the Strait of Hormuz since regional hostilities erupted on February 28. It departed Ras Tanura on March 1. An Indian captain safely guided the ship through the world’s most dangerous maritime chokepoint...

Finacial

What's happening now?

Explore more articles

Most Viewed

Recommended for you

Qatar Expands LNG Fleet with New Carrier Construction in South Korea

Nakilat has started building eight new liquefied natural gas (LNG) carriers at Hanwha Ocean Shipyard in South Korea. This step is part of Qatar’s LNG fleet expansion to strengthen its shipping capabilities. The steel cutting ceremony marked...

Qatar Banking Sector Growth Stays Steady With Rising Assets

To begin with, Qatar banking sector growth continues to show strong momentum across assets, loans, and deposits. Despite global challenges, the sector keeps expanding....

Oman Energy Transition Fund Launched with RO 77 million Capital

Oman has launched the Oman Energy Transition Fund with a starting capital of RO 77 million. This new initiative comes as a joint venture...

Iraq Market Update: Weekly Changes in ISX Show Investor Trends

This week, Iraq’s stock exchange experienced a moderate decline. The RSISX Index fell 2.3% in both IQD and USD terms. However, investor trends in Iraq...

Gold Prices Dip in Baghdad and Erbil After Peak

Gold prices dip across Iraq this Wednesday following a record-breaking surge earlier in the week. New data from Baghdad and Erbil markets shows a...

Qatar Inflation to Reach 1.6% in 2025: Economic Outlook

Qatar’s inflation is set to rise to 1.6% in 2025 from 1.1% in 2024. This forecast comes from a recent economic report. The study...

Iraq’s Budget Needs Oil Price of $92 Per Barrel in 2025

Iraq will need an average oil price of over $92 per barrel to balance its national budget in 2025. According to the International Monetary...

Offshore Pipeline Project Boosts Iraq’s Oil Exports

Iraq has launched a major offshore pipeline project, marking a strategic step in modernizing its oil export system. The project aims to improve crude...

Iraq’s Digital Banking Revolution Transforms Finance and Expands Access

Digital banking is reshaping financial services in Iraq as technology-driven solutions make banking faster, easier, and more accessible. The Central Bank of Iraq recently...

Saudi Arabia Builds AI Power With HUMAIN and Global Tech Giants

Saudi Arabia continues to lead in advanced technology with the launch of HUMAIN, a bold step in its AI journey. The Kingdom wants to become a global leader in Arabic AI development. Saudi Arabia AI growth stands at the...