Iraq Records 1,120 TIR Transit Journeys as Regional Freight Traffic Expands

Investment
Iraq recorded 1,120 TIR transit journeys during September, highlighting stronger cross-border freight activity. The TIR system supports Iraq’s growing role as a regional transport corridor. Moreover, freight traveled from Turkey and Europe toward Gulf countries and Jordan. These movements also strengthened Iraq’s links with major regional markets. The General Company for Land Transport handled the journeys under Iraq’s Ministry of...
Continue reading...

Saudi Non-Oil Economy Gains Strength as Banks Seek New Funding for Growth

Saudi Arabia’s non-oil economy continues to build resilience despite rising fiscal pressures and growing funding needs. The government recorded a SR160 billion deficit during...

Saudi Arabia Launches SAR1 Billion Workforce Housing Fund to Accommodate 50,000 Workers Across Major Cities

Workforce housing has become a growing priority as Saudi Arabia expands construction and major development projects. Three Saudi companies have created a SAR1 billion...

Ooredoo Qatar Partners with McKinsey to Accelerate Digital and AI Transformation

Ooredoo Qatar has entered a strategic agreement with McKinsey & Company to advance its digital transformation plans. The partnership will focus strongly on artificial...
Financial

ADIB Approves Dh1.75 billion Rights Issue to Strengthen Capital and Support Future Expansion

ADIB rights issue gains shareholder approval as Abu Dhabi Islamic Bank moves ahead with its fundraising plans. Shareholders approved the proposal during a meeting held on Tuesday. The plan will increase the bank’s issued and paid-up share capital. The capital will rise from Dh3.632 billion to Dh3.738 billion after completion. The bank plans to issue 106.383 million new shares under...

Finacial

What's happening now?

Load more

Explore more articles

Most Viewed

Recommended for you

UAE’s AI Vision Starts With Minds, Not Machines

0
The UAE is not merely competing in artificial intelligence; it is redefining it. The nation’s approach emphasizes building the largest infrastructure and investing in minds before algorithms. This strategy positions the country as a global innovator rather...
Stocks

Taqa Delisting Set to Remove Abu Dhabi Energy Giant from Stock Exchange After L’imad Buyout

Taqa delisting plans are moving forward after an L’imad subsidiary completed the acquisition of all remaining shares. The energy company will leave the Abu...
Financial

Qatar Foreign Reserves Surge to QR257 Billion

Qatar foreign reserves recorded strong growth, reaching QR257.111 billion by the end of the latest period. This marks a 3.58 percent increase compared to...
Investment

Oman Ports Drive Trade Growth with Record Cargo and Investments

Oman ports' performance continues to improve as the country pushes forward with infrastructure upgrades and strategic investments. The Ministry of Transport, Communications, and Information...
Investment

ADIA Expands India Investments with New $3.2 Billion Infrastructure Fund Targeting Energy and Transport Projects

ADIA India Investment is expanding further into India’s infrastructure sector through a new large-scale investment fund. The Abu Dhabi sovereign wealth fund has backed...
Bahrain

GCC Remittances Reach Record $161 billion as Expatriate Employment Drives Strong Growth

GCC remittances reached a record $161 billion in 2025 as expatriate employment continued expanding. The combined figure marked the highest outward worker remittance total...
Investment

Abu Dhabi Modon Sells Out Bashayer Project

Abu Dhabi’s Modon real estate generated Dh3 billion by selling out its Bashayer project on Hudayriyat Island in just one day. Consequently, the sales...
Investment

Kuwait Strengthens GCC Economic Integration Through Strategic Initiatives

Kuwait is actively enhancing economic and industrial integration within the Gulf Cooperation Council (GCC). Minister of Commerce and Industry, Khalifa Al-Ajeel, reaffirmed this commitment...
Investment

Oman Strengthens Economic Cooperation with Russia

Oman strengthens economic cooperation with Russia through new agreements and partnerships. Leaders from both countries signed multiple deals covering trade, tourism, investment, and security. During...
Financial

Qatar Hamad Airport Flights Resume After Airspace Reopens

‎ ‎ -
Qatar Hamad Airport flights are resuming normal operations after a brief disruption caused by a temporary airspace closure on June 23, 2025. Hamad International Airport (HIA) in Doha issued a statement confirming that inbound and outbound flights are gradually...

Khaleej Business Insight

Khaleej Business Insight delivers curated global business news, exclusive insights, and expert analysis. As a trusted source, we provide depth and clarity in business, finance, the economy, and innovation. Stay informed in a fast-moving world.

Follow us

About us

Copyright Khaleej Business Sight 2025.