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Emirates Group Profit Hits Record High

Emirates Group profit reached a record level, confirming its strong position in global aviation. The group earned AED21.2 billion ($5.8 billion) in pre-tax profit....

Muscat to Salalah Flights Increased for Khareef

Oman Air has raised the number of Muscat to Salalah flights for the Khareef season. This move strongly supports domestic tourism across Oman. Starting with...

Gulf Stock Markets React to Earnings and Trade Talk Uncertainty

Gulf stock markets showed mixed results in early trade as earnings and trade tensions shaped investor sentiment. Investors remained cautious ahead of the U.S.-China...

Bahrain Stock Market Sees Gains Led by Finance Sector

First of all, Bahrain stock market ended the trading session with strong gains across its key indices. The Bahrain All Share Index closed at...

Dubai Property Transactions Surge Across Real Estate Market

Dubai property transactions surge as the real estate market keeps showing strong growth. Buyers and investors stay confident despite global economic uncertainty. In the first...

Saudi Arabia Plans Second Red Sea Island for Cruise Expansion

Cruise Saudi announced its plan to launch a second Red Sea private island north of Jeddah. This development will support cruise tourism and increase...

Qatar Supports Maldives in Launching Major Financial Hub

The Maldives government joined hands with MBS Global Investments to develop the Maldives International Financial Centre in Malé. This $8.8 billion project aims to become a...

Iraqi Banking Reform Drives Economic Confidence

Iraqi banking reform, Prime Minister Mohammed Shia Al-Sudani led a meeting with Iraqi bank leaders to boost banking sector development. During the session, he stressed...

UAE Real Estate Tax Rules Receive Fresh Clarification

The UAE real estate tax rules have been clarified to offer investors better guidance. Authorities issued a public explanation of how Corporate Tax applies to real...

Qatar and Hungary Agricultural Investment Talks Boost Bilateral Ties

To begin with, Qatar and Hungary Agricultural Investment Talks Boost Bilateral Ties. Both countries continue to deepen cooperation through strong Qatar-Hungary agricultural investment talks. Recently, Qatar Chamber...

Saudi Capital Investment Growth Surpasses Targets

Saudi capital investment growth surged in 2024, reaching SR1.33 trillion ($355 billion), as new data shows. The Ministry of Investment reported a 4.5 percent...

Oman and Algeria Investment Fund Drives Economic Growth

Oman-Algeria investment fund signed multiple agreements during His Majesty Sultan Haitham bin Tarik’s recent visit to Algeria. These included four memoranda of understanding, two...

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