Hafeet Rail Project Reaches 40 Percent Completion

The Hafeet Rail Project has reached a major milestone as construction moves forward steadily. Officials confirmed that work has reached around 40 percent completion. This progress highlights strong coordination between Oman and the United Arab Emirates. The project aims to transform regional transportation and boost trade opportunities. Leaders from both countries continue to emphasize the importance of this railway link....

Hafeet Rail Project Reaches 40 Percent Completion

The Hafeet Rail Project has reached a major milestone as construction moves forward steadily. Officials confirmed that work has reached around 40 percent completion....

Airfares Set to Rise Up To 10% As Fuel Costs and Airspace Closures Pressure Travel Markets

Airfares surge across global markets as fuel costs and airspace closures increase operational pressure. The airfare surge affects long-haul travel most significantly. Airlines adjust...

Dubai Rebound Fuels Surge in UAE Property Demand and Buyer Confidence

Dubai property rebound shapes current market momentum in the UAE real estate sector. Developers report stronger demand after recent regional ceasefire between the US...

Malaysia Qatar Trade Records Strong Growth in 2025

Malaysia Qatar Trade continues to expand as both countries strengthen economic cooperation in 2025. Officials report steady growth across manufacturing and energy sectors. The latest figures show consistent momentum in bilateral commerce. Trade between the two countries reached QR3.10bn in 2025. This result reflects ongoing development in recent years. Moreover, the partnership continues to show resilience despite global economic changes....

Finacial

What's happening now?

Explore more articles

Most Viewed

Recommended for you

Kuwait Public and Private Partnership Supports Vision 2035 Goals

Kuwait public-private partnership plays a vital role in shaping the country’s future. Shaikha Al-Bahar, NBK’s Deputy Group CEO, confirmed this during the Third Kuwait PPP Conference. She emphasized that PPPs support Kuwait Vision 2035 and create long-term...

Saudi Arabia Neom May Transform The Line into AI and Data Hub

The Neom project in Saudi Arabia may undergo a major revision, as reports indicate that The Line, the planned 170-kilometre linear city, could transform...

Iraq Oil Infrastructure Faces Drone Strike Damage

A drone attack has damaged vital oil infrastructure in Northern Iraq, creating new fears for energy security. The strike targeted the Ain Safni oilfield...

Bahrain All Share Index Rises on Sector Gains

The Bahrain All Share Index recorded gains on April 16, closing at 1,910.33 points. This marked an increase of 7.16 points compared to the...

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...

Comoros Secures Energy Future with Murabaha Financing Boost

Comoros has taken a major step toward energy stability with a new financial agreement supported by Saudi Arabia. The International Islamic Trade Finance Corporation...

ADNOC Drilling Expansion into Kuwait and Oman Strengthens Gulf Oilfield Services

ADNOC Drilling expansion into Kuwait and Oman marks a strategic move to grow beyond its home base in the UAE. The company recently signed...

Iraq to Supply Chemchemal Gas to Industrial Clients by 2027

Iraq’s Chemchemal gas field will start supplying industrial clients in the Kurdistan Region in the second half of 2027. Consequently, the Chemchemal Gas Supply...

Iraq advances Ratawi project with new engineering contracts

Iraq moves forward with the Ratawi field redevelopment as TotalEnergies awards two contracts to Wood. These contracts support the country’s efforts to grow energy...

Saudi Arabia’s non-oil growth stays strong in July

The Saudi private sector continued to grow steadily in July. Despite a slight dip in the PMI, business activity remained firm. The Purchasing Managers' Index dropped to 56.3 from 57.2 but stayed above the 50-point neutral level. This confirmed...