Oman Business Activity Grows as Wholesale, Retail and Foreign Investment Expand

Investment
Oman business activity gained momentum during the first half of 2026. The wholesale and retail sector recorded stronger economic performance during the period. Its gross domestic product reached 1.74 billion Omani rials, equal to about $4.5 billion. The sector also recorded 5 percent growth, highlighting stronger commercial activity across the country. Foreign investment in commercial activities also increased during the...
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Abu Dhabi Shipping Shuttles Keep Gulf Trade Moving as Hormuz Disruptions Raise Freight Costs

Abu Dhabi shipping operators are helping maintain trade through the Strait of Hormuz as major carriers avoid the waterway. Smaller feeder vessels now handle...

Saudi Tourism Facilities Grow 17.9% as Hospitality Supply Expands Across the Kingdom

Saudi tourism facilities continued to expand during the second quarter of 2026. The number of licensed hospitality facilities reached 6,278 during the period. That...

Dubai Gold Falls Below Dh500 as Shoppers Bring Forward Jewelry Purchases Ahead of Navratri and Diwali

Dubai gold prices have fallen below Dh500 per gram as festive demand begins to build. The decline comes as Navratri starts ahead of Dhanteras...
Investment

Asyad Drydock Expands Duqm Operations with 130 Projects and 56 New International Clients

Asyad Drydock continues to expand its maritime operations in Oman. Asyad Drydock completed 130 projects during the first eight months of 2026. The company also added 56 international clients during the same period. As a result, its global client base reached about 900 commercial customers. These customers come from several international markets. The results also highlight Duqm’s growing role...

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Saudi Arabia Uses AI to Regulate Pilgrims’ Flow into Mecca

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Qatar’s QNB Banking Brand Leads MEA Region Again

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Rising Gulf Tensions Heighten Concern Over Oil Flow Through Hormuz

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UAE Investors Drive Gold Demand and Fuel Dubai Property Market

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Investment

Qatar AI Innovation Drives Food-Tech Growth

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Bahrain

Bahrain Hosts Workshop on Climate Action in Islamic Finance

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UAE Leads as Regulatory Innovation Shapes Future of Finance

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Financial

Qatar Highlights Growth with Ahli Bank Quarterly Results

Qatar continues to reinforce transparency in its financial sector through the upcoming Ahli Bank quarterly results. The bank will share its first-quarter performance in...
Oil and Gas

Oman and Iran Hold High-Level Talks to Secure Strait of Hormuz Amid Rising Regional Tensions

Oman and Iran launched high-level talks to secure the Strait of Hormuz as regional tensions intensify. This corridor remains critical for global oil flows,...
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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