$4.5 Billion Qatar Tanker Deal Could Transform the Country’s Long-Range Military Capabilities

Investment
The US State Department has approved a possible $4.5 billion sale of four Boeing KC-46A aerial refueling aircraft to Qatar, strengthening the country’s long-range military capabilities. The proposed deal also includes spare parts, maintenance services, and long-term training support. The State Department has formally notified Congress about the potential sale and related equipment. The approval comes despite Israel’s longstanding restrictions on...
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Kuwait Ends Wartime Visa Extensions from September 1 as Pre-War Immigration Rules Return

Kuwait visa rules will return to normal procedures from September 1 after months of special wartime extensions. The Interior Ministry confirmed the change as...

Iraq Advances One Million Residential Plots Programme With Digital Registration

Baghdad, Iraq: The Iraqi government will launch a dedicated digital registration platform for its One Million Residential Plots initiative on September 1, 2026. The...

Masdar Starts Commercial Operations at Second UK Battery Energy Storage Project

Masdar has started commercial operations at its second battery energy storage project in the United Kingdom. The Rochdale facility forms part of the company’s...
Investment

Saudi Arabia and France Strengthen Strategic Partnership as Diplomatic Relations Mark 100 Years

At the invitation of the French president, Crown Prince Mohammed bin Salman is visiting France on a state visit. The visit comes at a historic moment for both countries. The timing is significant because regional and international events are changing rapidly. It also reflects the evolving Saudi-French relationship. The year 2026 marks the centenary of diplomatic relations between Riyadh and Paris....

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Saudi Banks Report Higher Profits Despite Slower Lending Growth

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Saudi banks continued to deliver solid financial results during the first half of 2026. Saudi banks showed resilience despite slower credit expansion across the Kingdom. Strong financing income and stable banking activity helped support earnings during the...
Bahrain

Bahrain: A Leading Financial Services Hub in the GCC 

Bahrain is recognized as the financial capital of the GCC, with a robust financial services sector that includes 367 local, regional, and global institutions. Positioned as...
Financial

Oman Boosts Solar Energy with China Solar Deal

Oman solar energy project continues to advance its clean energy goals through a major partnership with a Chinese firm. The new agreement centers on...
Oil and Gas

Oman Advances 4GW Solar Projects to Accelerate Clean Energy Goals Under Vision 2040

Oman Solar Projects continue gaining momentum as the country moves forward with plans to expand renewable energy capacity. Oman Solar Projects form an important...
Financial

Saudi Arabia’s SABIC Suffers $1B Loss as IPO Strategy Takes Shape

Saudi Arabia’s leading chemical company, SABIC, has recorded another unexpected quarterly loss. This marks the third straight quarter of financial setbacks for the firm....
Financial

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

Massive Kurdistan Water Investments Fuel Strong and Sustainable Economic Expansion

The Kurdistan Regional Government (KRG) continues to make strong progress in upgrading the region’s water network. Kurdistan water initiatives remain central to the government’s...
Financial

Dubai Property Market Enters a More Stable Phase as Sales Slow and Long-Term Buyer Confidence Remains Strong

Dubai property market continues to adjust after several years of rapid expansion. Recent figures show lower transaction activity, yet experts believe the Dubai property...
News

Trump Set to Fly on Qatar-Gifted Air Force One Replacement for the First Time at Major US Independence Anniversary Event

Trump jet will make its first official presidential trip this week as US President Donald Trump travels to North Dakota aboard the newly introduced...
Oil and Gas

Saudi Arabia Strengthens India’s Oil Supply Resilience

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Saudi Arabia has emerged as a key player in safeguarding India’s oil supply resilience. As geopolitical tensions rise near the Strait of Hormuz, Riyadh is helping India avoid major crude disruptions. India relies heavily on the Middle East for oil....

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