Kuwait Deficit Hits Record $31.96 Billion as Oil Revenue Remains Key to Fiscal Planning

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Kuwait deficit concerns are rising as the government forecasts a record shortfall for the next fiscal year. Officials estimate total income at 16 billion...

Corporate Digital Banking Transforms Oman Businesses

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Crypto Winter Risks Shadow Bitcoin Rebound

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Gulf Financial Ties Strengthen

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Premium Economy Expands Globally

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GCC IPO Activity Drops As Saudi, UAE Lead 2025 Listings

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Dubai Gold Prices Hold Near Dh610

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AI Cost Savings in UAE Banks

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UAE Iraq Turkey Data Cable Project Announced

Iraq
The UAE Iraq Turkey data cable project aims to transform digital connectivity in the Middle East. An Iraqi-Emirati consortium plans to invest $700 million in the WorldLink initiative. The consortium will link the United Arab Emirates to Turkey through Iraq using subsea and terrestrial routes. The consortium includes three main partners. Tech 964 (T964), led by Ali Elakabi of ALMCO...
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Saudi Mining Growth Drives Amak Capital Increase

Saudi mining growth is accelerating across the kingdom because Almasane Alkobra Mining Company moves to strengthen its balance sheet. Furthermore, the miner, known as...

Gulf Drilling Expansion Drives ADNOC Growth Plans

Dubai: Gulf drilling expansion is shaping the next phase of growth for ADNOC Drilling as the company targets larger market share in Oman and...

Dubai Gold Prices Ease, Offer Buying Opportunity

Dubai gold prices have eased over the past six days, giving shoppers a welcome break. The 24K gold rate dropped to Dh596.75 per gram...
Investment

Saudi Mining Growth Drives Amak Capital Increase

Saudi mining growth is accelerating across the kingdom because Almasane Alkobra Mining Company moves to strengthen its balance sheet. Furthermore, the miner, known as Amak, plans to raise fresh capital to fund expansion projects. Consequently, executives say Saudi mining growth creates strong momentum for new discoveries and production gains. Recently, Amak announced plans to increase its capital through a SAR680...

Finacial

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Flexible Workspaces Expand

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Seef Properties has signed a strategic agreement to bring flexible workspaces to Bahrain’s Seef Mall—Seef District. The deal will introduce a Regus-branded business centre, operated by International Workplace Group. The agreement aims to serve companies, institutions, and...
Financial

Regional Economic Alignment Drives Oman–Saudi Trade

Oman and Saudi Arabia reinforced their collaboration during the latest Coordination Committee meeting in Riyadh, focusing on regional economic alignment. The session evaluated completed...
Investment

Vodafone Qatar Launches Network Upgrade with Nokia to Drive 5G Innovation

Vodafone Qatar has signed a strategic agreement with Nokia. This deal will lead to a nationwide network upgrade to improve 5G services. To begin with,...
Investment

Saudi Airport Punctuality Soars with King Khalid Leading

Saudi airport punctuality improved sharply as King Khalid International Airport topped the rankings. It recorded a 90 percent on-time departure rate, outperforming all other...
Investment

Qatar Realtors Welcome Real Estate Reforms

Filipino real estate professionals in Qatar support the country’s efforts to improve the property sector. The Association of Filipino Real Estate Executives in Qatar...
Financial

Dubai Gold Surge Drives Strong Holiday Buying Ahead of National Day Celebrations

Dubai Gold Surge shaped trading momentum on December 1 as Dubai’s gold market recorded strong gains ahead of the National Day break. The increase...
Stocks

UAE IPO Boom Drives Market Confidence

The UAE IPO boom continues to shape investor sentiment as strong listings guide expectations for the next offering cycle. This momentum reflects the broader...
Investment

Kuwait Pushes Strategic Dialogue Forward with Central Asia

Kuwait pushes forward stronger regional cooperation goals with Central Asia during a key diplomatic meeting in the capital. Foreign Minister Abdullah Al-Yahya chaired the...
Investment

Al-Muthanna Cement Plant Project Moves Forward with EPC Contract

International Venture Investment Holding (IVI Holding), based in Jordan, has taken a bold step in Iraq’s cement industry. The company signed an Engineering, Procurement,...
Financial

UAE Court Orders Dh520,000 Repayment After Oath

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An Abu Dhabi court ordered debt repayment after a decisive oath resolved a high-profile financial dispute. The ruling highlights the UAE’s strong legal framework for enforcing financial commitments. The Civil Family Court in Abu Dhabi directed the defendant to repay...

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