Iraqi Dinar Devaluation How will the Currency Change Affect Prices, Households, and Businesses?

Financial
Iraqi dinar devaluation has renewed concerns about prices, imports, and household finances across Iraq. The currency lost around 15 percent of its value following a new official rate adjustment. The change comes after months of pressure on Iraq’s currency market. Meanwhile, the US dollar has traded above 157,000 dinars per $100 on the parallel market. The latest adjustment marks another...
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Jood Villas Project Secures RO11.3 million Construction Award in Oman as Regional Investment Expands

Jood villas are set to add momentum to Oman’s residential construction market. A Saudi contractor has secured an RO11.285 million construction award in Sultan...

Qatar Waste Technology Turns Recycling into New Green Economy Opportunities

Qatar waste technology is creating new opportunities to turn discarded materials into useful economic resources. New solutions can convert food waste and biomass into...

Sheikh Mohammed Reveals Why Trust Is the Currency of the Future for UAE Growth and Stability

Sheikh Mohammed bin Rashid Al Maktoum has identified trust as the future currency that will shape economic growth and stability. The UAE Vice-President, Prime...
News

Sheikh Mohammed Reveals Why Trust Is the Currency of the Future for UAE Growth and Stability

Sheikh Mohammed bin Rashid Al Maktoum has identified trust as the future currency that will shape economic growth and stability. The UAE Vice-President, Prime Minister, and Dubai Ruler shared his views on Sunday, October 11. His latest message comes from his new book, The Letters, which explores leadership and national development. Moreover, he explained why trust remains more valuable...

Finacial

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UAE Urges Caution as Digital Payments Rise

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The UAE’s digital payments market is expanding rapidly, creating both opportunities and risks. Experts warn that financial fraud is rising as more people shift to online transactions. Authorities urge residents to stay alert and follow safe banking...
Financial

Middle East Air Cargo Demand Falls 8.9% in May as Regional Conflict Continues to Disrupt Gulf Aviation and Trade Routes

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Financial

Saudi Work Permit Extension Supports Employer Compliance and Labor Market Organization Until End of 2026

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DANAT and Kooheji Jewellery Forge Jewellery Certification Partnership

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Iraq

Iraq Oil Market Draws Bigger Chinese Investment

A subsidiary of the Chinese state-owned ZhenHua Oil declared Iraq as its core market and promised to grow investments. The company emphasized that Iraq’s energy...
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Listing in Dubai as ALEC Holdings Offers 20% Stake

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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...
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Korean Air Extends Incheon–Dubai Flight Suspension Until March 28

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Financial

Qatar Celebrates Family Day with Flight Ticket Discount Offer

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Trump Qatar Air Force One Deal Finalized as Pentagon Accepts Qatari 747 Gift

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The Qatar jet Air Force One gift has cleared Pentagon review and now serves as the president’s temporary aircraft. Defense Secretary Pete Hegseth signed off on the transfer, fulfilling President Trump’s call for a new jet after years of Boeing delays. Moreover,...

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