Iraqi Banks Strengthen German Partnership

The Iraqi Private Banks League (IPBL) has renewed its cooperation agreement with the Frankfurt School of Finance & Management. Consequently, Iraqi banks aim to...

Saudi Trade Surplus Climbs

Gulf Financial Ties Strengthen

Green Factory Seal Awarded To 40+ Bahrain Factories

Green Factory Seal takes center stage in Bahrain’s push toward sustainable industry. Moreover, the Ministry of Industry and Commerce has granted the Green Factory Seal to more than 40 factories across the Kingdom. Consequently, the move highlights Bahrain’s commitment to cleaner production and stronger environmental standards. Officials say the Green Factory Seal supports national efforts to modernize the industrial sector....

Turkey Saudi Renewables Deal Expands at Cop31

Turkey Saudi Renewables cooperation will expand at the Cop31 UN climate summit in Antalya this November. Meanwhile, Saudi Arabia’s Acwa Power will sign the...

Dubai Gold Prices Jump Over Dh6 in Early Trade

Dubai gold prices opened the week with strong gains across local markets. Traders reported higher rates in early dealings on Monday morning. Buyers and...

Iraqi Banks Strengthen German Partnership

The Iraqi Private Banks League (IPBL) has renewed its cooperation agreement with the Frankfurt School of Finance & Management. Consequently, Iraqi banks aim to...

Dubai Gold Prices Jump Over Dh6 in Early Trade

Dubai gold prices opened the week with strong gains across local markets. Traders reported higher rates in early dealings on Monday morning. Buyers and investors closely tracked the upward movement. The rally reflected positive global cues and currency shifts. Dubai gold prices climbed by Dh6.5 per gram at the start of trading. This increase pushed 24K gold to Dh621.75 per...

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Qatar Bank Refinancing Deal Strengthens Global Investor Confidence

The Deal of Qatar Bank marks another major milestone for QNB Group, the largest financial institution in the Middle East and Africa. The bank successfully refinanced its $1.5 billion senior unsecured syndicated term loan facility, showing its...

Kuwait crude oil price falls slightly to US$69.98 per barrel

Kuwait crude oil price fell slightly, closing at US$69.98 per barrel. This marks a 9-cent drop from its earlier level of US$70.07 per barrel....

Saudi Arabia Hosts 9th Future Investment Initiative with Vietnam’s Deputy PM in Attendance

Saudi Arabia will host the ninth Future Investment Initiative (FII) conference from October 27 to 30, 2025. The Ministry of Investment confirmed the event,...

Kuwait Non-Oil Revenue to Gain KD500M From Service Fee Hikes

Kuwait non-oil revenue is expected to rise sharply. The government aims to collect nearly KD 500 million ($1.6 billion) annually. This will result in...

Dubai’s Financial Growth Transforms Global Business

Dubai has evolved into a major financial hub, driven by its strong economy, business-friendly laws, and modern infrastructure that attract global investors. This financial...

Saudi Visa Rollout Set to Boost Tourism and Business

Saudi visa rollout positions the Kingdom as the biggest beneficiary of the GCC unified visa. Experts say the new system will strengthen regional travel,...

UAE Bitcoin Price Surge Hits New All-Time High Above $125,000

The Bitcoin price surge reached a new all-time high, breaking the $125,000 mark. Consequently, this milestone underscores growing investor interest and accelerating market momentum,...

Middle East Oil Producers to Boost Supplies to India in December

Middle Eastern oil producers Saudi Arabia, Iraq, and Kuwait will increase crude oil supplies to India in December. This move comes as Indian refiners...

Kuwait Tourism Promotion Gains Momentum

Minister of Information and Culture and Minister of State for Youth Affairs Abdulrahman Al-Mutairi emphasized the importance of promoting Kuwait’s tourism projects. He highlighted...

Dubai Property Owners Must Pay Service Charges on Time to Protect Credit Scores

Dubai property owners must now take Dubai service charges payment seriously, as failure to pay on time could negatively impact their credit scores. The UAE is integrating these payments into the national credit rating system before the end of 2025. This...