Middle East Tourism Revenue at Risk Due to Conflict

Financial
The regional tourism industry is losing $600 million every day due to the ongoing Middle East conflict. The Financial Times reported these staggering figures based on data from the World Travel and Tourism Council. Flight cancellations and closed airspaces have effectively halted the flow of international visitors. Consequently, cities that once thrived on luxury travel now face an unprecedented...
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QatarEnergy Halts LNG Exports Amid Strait of Hormuz Freeze

QatarEnergy recently halted all operations at its massive LNG production complex this Wednesday. Data confirms that no shipments have left the country for five...

Oil Prices Drop Sharply as Kuwaiti Crude Falls to $113

The price of Kuwaiti crude oil declined sharply this Tuesday as global markets reacted to shifting supply expectations. Data from the Kuwait Petroleum Corporation...

Middle East Tourism Revenue at Risk Due to Conflict

The regional tourism industry is losing $600 million every day due to the ongoing Middle East conflict. The Financial Times reported these staggering figures...
Oil and Gas

QatarEnergy Halts LNG Exports Amid Strait of Hormuz Freeze

QatarEnergy recently halted all operations at its massive LNG production complex this Wednesday. Data confirms that no shipments have left the country for five consecutive days. This represents the longest export gap for Qatari gas since the 2008 financial crisis. No LNG carrier has successfully passed the Strait of Hormuz since February 28. This maritime freeze affects both Qatari...

Finacial

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Iraq Stock Market Sees Mixed Trading Activity

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The Iraq stock market showed mixed results this week, reflecting varied performances across sectors. The RSISX Index, a major measure of market activity, posted a 2.3% decline in both IQD and USD terms. However, overall market trends...
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The Oman green hydrogen project has taken a major step forward. Hydrom, Opaz, and ACME Group signed key agreements in Duqm. These include a...
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Seef Properties Holds Safety Awareness Workshop

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Investors Flock to Qatar as Economic Reforms Unlock Growth

Qatar is attracting strong interest from global investors as its economy continues to diversify. With focused reforms and ambitious goals, the country is becoming...
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Oman Air Halts Flights to Nine Regional Cities

Oman Air cancellations now impact thousands of travelers as the carrier responds to the widening closure of regional airspace this week. The national airline...
Kuwait

Oil Prices Drop Sharply as Kuwaiti Crude Falls to $113

The price of Kuwaiti crude oil declined sharply this Tuesday as global markets reacted to shifting supply expectations. Data from the Kuwait Petroleum Corporation...
Investment

Qatar and Turkey Partnership Strengthened Through Strategic Economic Agreement

Qatar and Turkey partnership takes a major step as Qatar Financial Centre Authority (QFCA) and Turkey’s Investment and Finance Office of the Presidency (IFOTP)...
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Mongolia Kuwait Partnership Strengthens Bilateral Ties

Mongolia Kuwait partnership took a significant step forward as both countries discussed a roadmap to strengthen bilateral ties. The talks focused on formalizing agreements...
Investment

Qatar Wins Big with Green Sustainability Awards for Urban Projects

United Development Company (UDC) has made major strides in environmental development. The company earned four major global awards under the Qatar sustainability achievements category at the...
Investment

Kuwait Launches Billion-Dollar Projects to Power Future Growth

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Kuwait continues to move forward with major infrastructure projects to meet rising electricity and water demands. The Ministry of Electricity, Water and Renewable Energy has taken major steps to support urban expansion through new power and water initiatives. These...

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