NBB Platforms Get New Digital Banking Identities for Corporate and SME Banking Services

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NBB Platforms have received new identities as the National Bank of Bahrain updates its digital banking services. The bank renamed NBB DigiCorp as NBB...

Dubai Gold Prices Rise to Dh523.25 as Bullion Extends Rebound on Softer Yields and Dollar

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Trade Finance Facility Supports Iraq’s Bank of Baghdad with $25 Million in New Funding

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Qatar Investment Partnership Targets $20 Billion Across Public Equities and US Middle-Market Companies

Investment
Qatar investment activity is expanding through a new $20 billion partnership between Qatar Investment Authority and JPMorgan Asset Management. The agreement will direct capital across public equities and private markets in the United States. It will also support Qatar’s long-term investment objectives through a customized portfolio. Under the agreement, JPMorgan Asset Management will manage the customized portfolio for Qatar Investment...
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Trade Finance Facility Supports Iraq’s Bank of Baghdad with $25 Million in New Funding

Trade Finance support for Bank of Baghdad has reached $25 million through a new facility. The European Bank for Reconstruction and Development approved the...

Qatar LNG Capacity Faces Up to Three Years of Repairs After Attacks Damage Ras Laffan Facilities

Qatar LNG capacity faces a major disruption after attacks damaged facilities at Ras Laffan. Qatar says the damage removed about 17 percent of its...

Saudi Economy Growth Projected to Reach 6.1% in 2027 After Slower Expansion in 2026

Saudi Economy growth could accelerate sharply in 2027, according to a September survey of international economists. Analysts expect the kingdom's economy to expand by...
News

Freight Charges Set to Rise Further Across UAE and GCC as Container Shortages and Shipping Disruptions Continue

Freight Charges across the UAE and GCC have increased sharply amid continuing shipping disruptions. Rates have reportedly risen several times since the Strait of Hormuz closure. Traders now expect additional increases as container shortages continue affecting regional supply chains. Some shipments that once cost $1,000 now cost between $10,000 and $12,000. Those costs could reach $15,000 during the coming...

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US and Saudi Investment Relations Highlighted During Washington Summit

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US and Saudi investment relations will take center stage in Washington on 19 November. Consequently, the summit coincides with Crown Prince Mohammed bin Salman’s official visit to the United States. It aims to strengthen business, trade, and...
Oil and Gas

Iran Strikes Qatar Refinery, Escalating Gulf Energy Crisis

Iran hits Qatar refinery in a major escalation of the regional conflict, raising immediate concerns over energy security and regional stability. The attack has...
Financial

Iraq Dollar Exchange Rate Declines in Baghdad and Erbil

The Iraq dollar exchange rate declined on Thursday as the US currency opened lower in both Baghdad and Erbil markets. The latest movement reflects continued fluctuations...
Investment

Eid Al Adha 2025 Expected to Begin on June 6

Eid Al Adha 2025 is likely to begin on Friday, June 6, according to astronomical projections. Many Islamic countries, including the UAE, rely on...
Iraq

Iraq Oil Revenues Show Strong February Performance

Iraq oil revenues climbed close to $7 billion in February, highlighting the country’s continued reliance on crude exports. The Ministry of Oil released official...
Investment

Grade A Office Shortage Drives Demand for Lower Segments

Dubai’s commercial property market continues to show strong momentum. The ongoing Grade A office shortage has created significant ripple effects across the entire sector. As a...
Iraq

Iraq Strengthens Energy Ties with Azerbaijan Through New Talks

Iraq energy cooperation gained momentum as Prime Minister Mohammed Shia Al-Sudani welcomed officials from Azerbaijan for high-level talks. The meeting focused on boosting strategic...
Financial

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...
Bahrain

Kooheji Group Expands Career Opportunities for Bahraini Youth Through Aspire Training Programme

Bahraini youth gained valuable workplace experience through Kooheji Group’s Aspire summer training programme. The initiative brought together 25 university students during an intensive training...
Iraq

Iraq Khor Mor Field Resumes Operations Restoring Gas Supply to Kurdistan Power Stations

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Operations have resumed at Iraq’s Khor Mor Field, restoring gas transmission to regional power stations after a recent disruption. Consequently, residents in the Kurdistan region can expect a gradual recovery in electricity supply. The Khor Mor Field, located in northern...

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