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Kuwait Oil Production to Reach 3 Million BPD by 2030

Kuwait oil plan is a massive oil investment to boost national output. The country aims to raise its oil production capacity above 3 million...

Bahrain GIB grows with 500m Murabaha facility

Gulf International Bank (GIB) has closed a $500 million Murabaha facility. This move marks its first Islamic syndicated transaction in international markets. To begin with,...

Dubai off-plan Real Estate Sales Hit $24.5bn as Investors Chase Profits

Dubai off-plan real estate continues to surge as investors rush to secure new property deals. This year alone, off-plan sales have already reached $24.5...

Trump-Saudi Arabia deals spark global attention

Former President Donald Trump appears deeply pleased during his Middle East tour. The biggest moment came during his visit to Riyadh. There, he unveiled...

Arab Development Summit Discussed in Baghdad Meeting

Leaders from across the Arab world gathered in Baghdad to prepare for the upcoming Arab Development Summit. Dr. Saud bin Abdullah Al Attiyah, Deputy...

Qatar Airways Boeing deal breaks records

Qatar Airways has signed a massive agreement with Boeing. Now, it becomes the Middle East’s largest 787 operator. The Qatar Airways Boeing deal includes...

TBI payment excellence honored with global award

TBI payment excellence gained global recognition after receiving a top award from financial giant JP Morgan. The Trade Bank of Iraq (TBI) earned the...

Ithmaar Bank Profit Report Shows Steady Growth Amid Market Shifts

Ithmaar Bank profit report confirms the Islamic retail bank is staying on track despite a challenging environment. The Bahrain-based institution posted BD1.34 million in...

Saudi POS Transactions Stay Above $3 Billion

Saudi POS transactions stayed strong, holding above $3 billion for a second week. Despite a drop in weekly totals, spending remained high, according to...

Dubai Millionaire Migration Reaches Record Levels

Dubai continues to attract wealthy individuals from around the world. A new report shows a sharp rise in Dubai millionaire migration. High-net-worth individuals are...

Oman IPO Challenges Scare Foreign Investors

Oman’s government continues to sell stakes in state companies. However, the Oman IPO challenges have raised concerns among foreign investors. These public offerings do...

Seef Properties Holds Safety Awareness Workshop

Seef Properties recently organized a safety awareness workshop in Bahrain. The event aimed to improve safety procedures and raise awareness among staff. It was...

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