Nakheel Awards Major Contracts for Palm Jebel Ali Villas

News
Palm villas are shaping a new phase of development in Dubai’s coastal expansion. Recently, real estate developer Nakheel awarded contracts exceeding Dh3.5 billion to build 544 luxury homes on Palm Jebel Ali. Therefore, this major step signals steady progress on a key waterfront project. To begin with, Nakheel selected two contractors for different sections of the project. Ginco General Contracting...
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Kuwait Airlines Gradually Restore Flights After Airport Reopening

Kuwait flights have started returning as the country’s airport reopens after a temporary closure. Following recent regional tensions, authorities now allow limited air operations...

Iraq Revives Strategic Basra-Ceyhan Pipeline Plan

Iraq pipeline route discussions have returned as policymakers reconsider a major export project linking southern oil fields to Turkey. The plan aims to strengthen...

Oman Tourism Spending Shows Strong Growth in 2025

Oman tourism is expanding strongly as the sector records higher spending and steady economic gains. In 2025, tourism consumption in Oman increased by 11.6...
Investment

Emirates Islamic Launches Digital Gold Trading via Mobile App

Digital gold is transforming how investors access precious metals in the UAE. Emirates Islamic has introduced a new mobile-based service that allows users to buy and sell gold and silver easily. As a result, customers can now manage investments through a secure and convenient platform. To begin with, the service operates through the EI+ mobile application. This platform offers Shariah-compliant...

Finacial

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Dollar Steadies Near 154,000 as Iraq Markets Reopen

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Iraq dollar rate stabilized near 154,000 dinars per 100 dollars as markets reopened Tuesday following the Eid Al-Fitr holiday. Currency trading resumed in Baghdad and Erbil, drawing close attention from businesses and investors. In Baghdad, exchange shops reported...
News

Nakheel Awards Major Contracts for Palm Jebel Ali Villas

Palm villas are shaping a new phase of development in Dubai’s coastal expansion. Recently, real estate developer Nakheel awarded contracts exceeding Dh3.5 billion to...
Financial

HRE Development Delivers Sky hills Residences Ahead of Schedule in Dubai

HRE development marked a major milestone with the early handover of Sky hills Residences 1. HRE development completed the project six months ahead of...
Investment

Du and PEACE Launch UAE–Kenya Digital Bridge to Boost Connectivity

Du, the UAE-based telecom and digital services provider, has expanded its partnership with PEACE Cable International Network Co., Limited (PEACE) by launching a new...
Financial

Qatar Data Sovereignty Rules Set to Reshape Gulf Business Strategies

Qatar is taking a sovereignty-first approach to digital governance, influencing how companies manage data and cloud services. The Qatar data sovereignty framework combines a...
Oil and Gas

Saudi Arabia Energy Transition Accelerates with ACWA Power’s Gas and Solar Expansion

Saudi Arabia continues to reshape its energy landscape under Vision 2030. At the center of this shift, ACWA Power plays a crucial role. The...
Financial

UAE Expansion Boosts Sirma’s Digital Growth and Regional IT Presence

Digitalisation drives Sirma’s latest expansion as it launches Sirma ZSE in the UAE. The subsidiary will provide computer systems, network solutions, information technology, internet...
Kuwait

Adnoc Drilling Oman Deal Secures 70% Stake in SLB Rigs

Adnoc Drilling has made a bold move in the regional oil sector. The company secured a 70% stake in SLB’s drilling operations in Oman....
Investment

UAE Al Ain Traffic Eases with New Dh185 Million Junction and 900-Meter Tunnel

Al Ain traffic has eased following the official opening of the Zakher Intersection. This marks a major milestone in the local government’s infrastructure upgrades....
Investment

Iraq Faces US Sanctions on Iran-Backed Groups Amid Rising Political and Economic Strain

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The United States placed sanctions on Iran-backed groups in Iraq. These measures target four major Shiite factions with strong influence. The announcement sparked political and economic debate across Baghdad. Many Iraqis now question how these sanctions will affect daily...

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