Mobily Explores Telecom Tower Sale in Early Discussions with Tawal

Financial
Mobily tower sale discussions have entered an early stage as the Saudi telecommunications company explores a potential transaction with Tawal. The possible deal could reshape the country's telecom infrastructure market. Meanwhile, both companies continue evaluating the opportunity before making any binding commitments. Mobily confirmed that preliminary discussions have taken place with Tawal regarding the possible sale of telecom towers. However,...
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Oman Property Sales Climb on Lower Mortgage Rates and Strong Local Demand

Oman property activity continued to strengthen during the first half of 2026 as more young buyers entered the housing market. Lower borrowing costs encouraged...

Mobily Explores Telecom Tower Sale in Early Discussions with Tawal

Mobily tower sale discussions have entered an early stage as the Saudi telecommunications company explores a potential transaction with Tawal. The possible deal could...

Dubai Gold Prices Drop Dh4 Per Gram as Markets Watch US-Iran Developments

Dubai gold prices declined on Tuesday as lower demand for safe-haven assets weighed on the market. Investors also monitored inflation trends and upcoming US...
Bahrain

Maersk Introduces New Surcharge for Ships Passing Through Strait of Hormuz

Maersk surcharge measures have taken effect as the global shipping company introduces new fees for vessels passing through the Strait of Hormuz. The move comes as shipping companies continue adjusting operations to address higher regional risks. Furthermore, the updated pricing affects cargo transported through one of the world's busiest maritime routes. The company announced that it will apply an additional...

Finacial

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Oman China Tourism to Soar with New Direct Flight and Visa Exemption

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Oman-China tourism is set to rise sharply as authorities introduce a new direct flight from Beijing and a visa exemption policy for Omani travelers. These measures aim to boost arrivals and strengthen Oman-China relations. China Eastern Airlines will...
Bahrain

Bahrain Faces Economic Challenges While Pushing for Growth

Bahrain faces economic challenges as it works to strengthen its economy. The country once relied heavily on oil, but times are changing. The oil...
Investment

Iraq Makes Significant Progress on Al-Faw Port Projects

Iraq continues making major progress on the Grand Al-Faw Port, located in southern Basra. This large project aims to turn Iraq into a main...
Bahrain

Maersk Introduces New Surcharge for Ships Passing Through Strait of Hormuz

Maersk surcharge measures have taken effect as the global shipping company introduces new fees for vessels passing through the Strait of Hormuz. The move...
Kuwait

Kuwait Stock Exchange Plans Government Bonds and Sukuk Listings by 2025

Kuwait stock exchange aims to launch government bonds and sukuk listings by 2025, signaling a major step toward market modernization. Boursa Kuwait CEO Mohammed...
Investment

Abu Dhabi Hosts Larger UAE Industry Event as Exhibitors and Innovation Showcase Grow Significantly

The UAE industry event returns in 2026 with expanded scale and new features for visitors. The UAE industry event will run from May 4...
Financial

Dubai Taxi Exceeds Dh1 Billion in H1 Revenue as Airport and Tourism Trips Decline

Dubai Taxi Revenue remained resilient during the first half of 2026 despite weaker tourism demand and fewer airport-related trips. The company generated more than...
Investment

Oman Strengthens Global Investment Footprint Through Joint Turkish Partnerships in Critical Minerals and Defence Systems

Oman’s investment strategy continues to expand. At the same time, the country is strengthening its global investment footprint through new deals in Türkiye. In...
Investment

Startup Growth in MENA Accelerates With Funding, AI, and Expansion

MENA growth is accelerating as companies secure funding, achieve regulatory milestones, and deploy new technology. Consequently, investors show strong interest in fintech, legal tech,...
Saudi Arabia

IPO Listings in GCC Drive Market Momentum

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IPO listings in GCC markets are attracting renewed interest as investors await new stock offerings. Recently, markets across the Gulf showed modest movement as they approached the Eid break. However, expectations remain high for upcoming IPOs to shift momentum. Dubai...

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