Iraqi Parliament Approves Law to Guarantee Kurdistan Region Salaries

Financial
Iraq has taken a decisive step to secure Kurdistan salaries and stabilize its economy. Lawmakers approved a new measure that obliges the federal government to ensure equal salary payments across all regions. The Iraqi Parliament passed the law during a late session on March 17. The decision aims to protect public workers in the Kurdistan Region. Officials stressed that Kurdistan...
Continue reading...

SMBC Reassesses $1.5B Saudi Energy Loan Amid Rising Geopolitical Risks

Japan’s Sumitomo Mitsui Banking Corporation is reassessing support for a major Saudi energy loan amid rising geopolitical risks. The $1.5 billion facility now faces...

Iraqi Parliament Approves Law to Guarantee Kurdistan Region Salaries

Iraq has taken a decisive step to secure Kurdistan salaries and stabilize its economy. Lawmakers approved a new measure that obliges the federal government...

Qatar Confirms Financial Sector Eid Al Fitr Holiday Schedule

Qatar has confirmed the Qatar Eid holiday schedule for its financial sector. The announcement sets clear dates for closures during Eid Al Fitr. The Qatar...
Investment

SMBC Reassesses $1.5B Saudi Energy Loan Amid Rising Geopolitical Risks

Japan’s Sumitomo Mitsui Banking Corporation is reassessing support for a major Saudi energy loan amid rising geopolitical risks. The $1.5 billion facility now faces uncertainty as regional tensions reshape investor sentiment. SMBC began marketing the Saudi energy loan to Asian banks shortly before the conflict escalated. However, the situation has changed rapidly since late February. As a result, the bank...

Finacial

What's happening now?

Load more

Explore more articles

Most Viewed

Recommended for you

Germany and Saudi Energy Cooperation Boosts Hydrogen and Green Initiatives

0
Germany and Saudi Arabia agreed to strengthen energy collaboration during German Economy Minister Katherina Reiche’s visit to Riyadh on Sunday. The move signals a deepening partnership in energy, industrial innovation, and green technology. Reiche and Saudi Energy Minister...
Iraq

Iraq Partnership Boosts Premium Lubricants Access in Kurdistan

TotalEnergies and Cihan Group have entered a new partnership to improve access to premium lubricants in Iraq. The companies signed the agreement during a...
Financial

Oman Airports Launches Smart Aviation Initiative with Huawei at Muscat International

The collaboration highlights Oman Airports’ investment in smart infrastructure. Consequently, it positions Oman as a regional hub for aviation innovation. It improves efficiency and passenger...
Financial

Iraq Central Bank Seeks New Currency Machines in Fresh Tender

The Central Bank of Iraq launched an Iraq currency machine tender to upgrade cash-handling systems in Basra and Mosul. The bank plans to acquire...
Financial

UAE Corporate Tax Wins OECD Approval to Boost Investor Confidence

The UAE strengthened its global tax standing with new recognition from the Organisation for Economic Co-operation and Development. The OECD granted the country’s Domestic...
Investment

Saudi Arabia’s Non-Oil Exports to UAE Grow by 10% in January

Saudi Arabia’s non-oil exports to the UAE reached SR7.10 billion ($1.89 billion) in January, marking a 10% increase. This surge highlights Saudi Arabia’s ongoing...
Bahrain

Gulf Banks 2025 Rankings Spotlight Top Gulf Financial Institutions

The Gulf Banks 2025 rankings project is rapidly gaining attention throughout the Gulf Cooperation Council (GCC) region. This ambitious initiative evaluates over 60 banks...
Iraq

Iraq Allocates $172M to Boost Drilling Equipment and Operations

Iraq is pushing forward with a $172 million investment to improve its oil production capacity. The Iraqi Drilling Company (IDC) will use the funds...
Kuwait

Kuwait Oil Price Increases as Global Benchmarks Decline

The Kuwait oil price recorded a slight increase, climbing by 22 cents to reach $69.23 per barrel. This development signals a modest gain in regional oil...
Investment

Iraq and Turkey Strengthen Ties with High-Level Water Resource Talks

‎ ‎ -
Iraq and Turkey are stepping up cooperation to manage shared water resources through high-level negotiations between their foreign ministers. Deputy Prime Minister and Foreign Minister Fuad Hussein will host Turkish Foreign Minister Hakan Fidan in Baghdad to discuss practical solutions...

Khaleej Business Insight

Khaleej Business Insight delivers curated global business news, exclusive insights, and expert analysis. As a trusted source, we provide depth and clarity in business, finance, the economy, and innovation. Stay informed in a fast-moving world.

Follow us

About us

Copyright Khaleej Business Sight 2025.