Oman to Extend Local Content Certificate to Government Tenders in 2027

Investment
Oman plans to extend its Local Content Certificate to government entities covered by the Tenders Law in 2027, as it seeks to raise domestic procurement and create more jobs for Omanis, the Oman Observer reported on Sunday. The phased rollout was reviewed at the second 2026 meeting of the Executive Committee for Local Content, chaired by Dr. Khamis bin Saif...
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UAE Startups and Innovators: JustAd, an AI Marketing Platform With Pay-Later Ad Financing

UAE-based advertising technology startup JustAd has secured $5 million from angel investor Imad Jomaa, funding it says will take its business beyond the Middle...

Iraq’s Prime Minister Orders Oil Ministry Corruption Probe, Pledges Steps to Raise Oil Revenues

Iraqi Prime Minister Ali Falih Al-Zaidi has instructed the Federal Commission of Integrity to pursue corruption cases at the Ministry of Oil and said...

Dubai Chamber of Commerce Adds 37,373 Companies in Nine Months as Member Exports Reach AED252 Billion

Dubai Chamber of Commerce added 37,373 new member companies in the first nine months of 2026, Sultan bin Saeed Al Mansoori, chairman of Dubai...
Oman

Oman Will Not Extend Salalah Port Services’ Concession Beyond November 2028

Oman's Ministry of Transport, Communications and Information Technology will not extend Salalah Port Services Company's concession to run the Port of Salalah beyond its contractual expiry date of November 1, 2028, the Muscat-listed company said on October 18. The company said in a stock exchange disclosure that it had received formal notification of the decision from the ministry. The notification states...

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Talabat Renews Academy X Sponsorship to Empower Young Women in Kuwait’s Technology Sector

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Academy X will continue receiving support from talabat as the company renews its strategic sponsorship. The partnership aims to strengthen technology skills among young women in Kuwait. The initiative focuses on technology, entrepreneurship and digital education. It also...
Financial

Qatar Foreign Exchange Reserves Reach $71.74 Billion as Gold Holdings and Official Assets Increase

Qatar reserves continued to strengthen during June 2026 as the country's foreign exchange assets recorded steady annual growth. Qatar reserves also benefited from higher...
Investment

Saudi E-commerce Logistics Strengthened by Maersk and Saudi Post Deal

The Saudi E-commerce deal between Maersk Saudi Arabia and Saudi Post aims to transform logistics services for online businesses. This strategic partnership supports global...
Investment

Kuwait Pavilion Earns Global Recognition at BrandEx 2026

Kuwait’s pavilion at Expo 2025 Osaka has won the Silver Award at BrandEx 2026 for Architecture and Best Thematic Exhibition. The pavilion, titled “Visionary...
Financial

Kuwait Moves to Digital Financial Reporting

Kuwait is advancing digital financial reporting as it prepares to make XBRL submissions mandatory by 2027. The Ministry of Commerce and Industry has begun...
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Dubai Gold Gains as Renewed US-Iran Diplomacy Supports Investor Confidence

Dubai gold prices opened higher on Tuesday after fresh diplomatic developments between the United States and Iran improved market sentiment. Dubai gold remained in...
Investment

Vision2030 Progress Reaches 85 Percent in Saudi Arabia

Saudi Arabia’s Vision2030 program has achieved major progress, with 85 percent of its targets completed or on track by the end of 2024. Investment Minister Khalid...
Financial

Qatar QNB Net Profit Rises to QR8.4bn with Strong H1 Growth

Qatar’s QNB Group reported a solid increase in net profit for the first half of 2025, reaching QR8.4 billion. This reflects a 3% rise...
Investment

UAE to Test Cross-Border Cargo Drone as Autonomous Logistics Technology Expands Across the Region

The UAE plans to test a cargo drone on a cross-border route next year. The test will support wider efforts to develop autonomous aviation...
Financial

Sustainable Shipping Partnership Launches in Qatar

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Commercial Bank has joined hands with DHL Express to launch a new sustainable shipping initiative in Qatar. The partnership introduces the GoGreen Plus Sustainable Shipping Offer, which provides affordable and eco-conscious shipping for bank customers. The program allows Commercial Bank...

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