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SCOP Finishes Gas Pipeline Under Tigris River

Iraq’s State Company for Oil Projects (SCOP) completed a major milestone. It installed a Iraq gas infrastructure project in Sayafiyah. This pipeline is part of...

Kuwait Non-Oil Revenue to Gain KD500M From Service Fee Hikes

Kuwait non-oil revenue is expected to rise sharply. The government aims to collect nearly KD 500 million ($1.6 billion) annually. This will result in...

QNB Banking Excellence Wins Five Euromoney Awards

QNB banking excellence stood out once again by securing five prestigious awards at the Euromoney Awards for Excellence 2025. Notably, these honors confirm QNB’s...

Bahrain All Share Index Sees Small Drop

The Bahrain All Share Index dropped slightly in recent trading. It closed at 1,920.84 points. This figure shows a drop of 1.16 points from...

Iraq Launches South Basra Integrated Project with Strategic Oil Deal

Iraq has signed a major agreement for the South Basra Integrated Project. The Ministry of Oil partnered with China’s Geo-Jade Petroleum and Iraq’s Crescent...

ASMED Pushes for Better Banking Services for SMEs in Oman

Oman’s Authority for Small and Medium Enterprises Development (ASMED) held a key dialogue session in Muscat. The goal was simple: improve banking services for...

UAE Corporate Tax Filing Errors May Trigger Audits and Fines

UAE corporate tax filing is no longer optional. Businesses across the UAE are rushing to prepare financial statements before the fast-approaching deadline. However, filing...

Bahrain Mazad auction offers Riffa 1 power station and spare parts to investors

The Mazad auction has launched a new opportunity for investors and contractors. This digital auction includes the sale and dismantlement of the Riffa Power...

MAGRABi Acquisition Expands Reach and Enhances Eye Care in Kuwait

The MAGRABi acquisition of Kefan Optics will create a major shift in Kuwait’s eyewear market. With this bold move, MAGRABi Retail Group will soon...

Qatar Economic Forum signs MoUs and launches new app

The Qatar Economic Forum is back with powerful additions this year. Organizers revealed exciting updates during a press conference held in Doha. To begin with,...

Iraq NIC Residential Project to Deliver 3840 New Homes and a Modern Business Hub

The NIC residential project is moving forward after the National Investment Commission signed a new investment contract. The deal, signed with Al-Ramla, will lead...

Adnoc Contract Awards Boost Local Economy

Adnoc contract awards are worth Dh65.7 billion in just the first half of 2025. Nearly 400 local suppliers, contractors, and service providers received these...
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