Oil Prices Rise as Ceasefire Uncertainty Shakes Global Markets

Bahrain
The oil market surge returned to headlines as tensions between the United States and Iran intensified. Investors reacted quickly to uncertainty surrounding a fragile ceasefire. As a result, oil prices climbed while global stock markets slipped. Traders watched developments closely, especially around the Strait of Hormuz. Oil prices jumped sharply on Monday amid rising geopolitical risks. Brent crude increased by...
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Oman Expands Energy Strategy with Major Battery Storage Projects

The battery storage investment is reshaping Oman’s energy strategy as the country accelerates modernization efforts. Authorities aim to strengthen the national grid while supporting...

Gold Prices Fall in Dubai as Strong Dollar Counters Rising Tensions

The gold price drop led market movements in Dubai as trading opened this week. Investors reacted to renewed tensions between the United States and...

Saudi Firms Advance Major Power Plant Expansion in Mecca

The power plant investment marks a significant step in Saudi Arabia’s energy expansion plans. Major companies are strengthening electricity capacity to meet rising demand....
Investment

Saudi Firms Advance Major Power Plant Expansion in Mecca

The power plant investment marks a significant step in Saudi Arabia’s energy expansion plans. Major companies are strengthening electricity capacity to meet rising demand. As a result, a new agreement will support long-term power generation in the Mecca region. Saudi Energy and ACWA Power have agreed to expand a large-scale facility in Mecca province. The deal includes developing and operating...

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Quiqup Expands Logistics Network to Saudi Arabia

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Oman Targets Workforce Transformation to Power Future Economy

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Oman kicked off the Work Forum 2025 in Salalah with over 1,000 local and international participants. The event aims to reshape the country’s labour market while boosting the national skills economy. Led by the Ministry of Labour, the forum creates...

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