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Saudi Arabia Signs $150 Million Fuel Supply Agreement to Support Yemen’s Electricity Sector

Saudi Arabia and Yemen have signed a $150 million agreement to supply petroleum derivatives for electricity generation, reinforcing efforts to improve power services across...

Kuwait Oil Prices Fall Alongside Global Benchmarks as Traders Monitor Supply and Demand Trends

Kuwaiti oil prices recorded a sharp decline in the latest trading session, reflecting broader weakness across global energy markets as crude benchmarks moved lower. According...

Gold Prices in the UAE Continue Downward Trend as Investors React to Inflation Risks and Higher Interest Rate Expectations

UAE gold prices recorded a sharp decline on Wednesday, falling by more than Dh10 per gram and reaching their lowest levels in over a...

Oman Accelerates Duqm Development Through Massive Investments in Energy Storage Petrochemicals and Green Hydrogen Projects

Oman is accelerating efforts to transform Duqm into a leading global energy and industrial hub through massive investments in oil storage, petrochemicals, and green...

Gold Prices Stay Stable in Baghdad While Erbil Markets Record Modest Gains Across Key Gold Categories in Iraq

Gold prices remained stable in Baghdad and recorded slight increases in Erbil on Tuesday, according to a market survey conducted across major gold trading...

Korea Qatar AI Forum Highlights Artificial Intelligence Role in Cybersecurity and Digital Transformation

Doha, Qatar: Industry leaders and technology experts highlighted the growing role of artificial intelligence (AI) during the second Korea-Qatar AI Forum in Doha. The forum...

Riyadh Air Expands Regional Network With Daily Boeing 787 Flights Between Dubai and Riyadh

Saudi Arabia’s new airline, Riyadh Air, has opened bookings for its daily service between Dubai and Riyadh. The new route will begin operations on...

Fish Prices Stabilise in Bahrain as Safi Falls to BD4 Following Seasonal Fishing Ban Lift

Fish prices in Bahrain have started to stabilize nearly one week after authorities lifted the seasonal fishing ban on safi, sheari, and andak. The...

UAE Announces Temporary Visa Ban for Travelers From Affected African Countries Following Ebola Concerns

The United Arab Emirates has temporarily suspended visa issuance for nationals of the Democratic Republic of the Congo, Uganda, and South Sudan. The measure...

OPEC+ Approves Fourth Consecutive Oil Output Increase as Iraq Receives Higher Production Quota for July

OPEC+ approved a fourth consecutive increase in oil production targets on Sunday, continuing efforts to gradually restore output despite ongoing disruptions linked to the...

Dubai Gold Prices Fall to Lowest Level in June as Global Market Weakness Brings Relief to UAE Buyers

Gold buyers in the UAE received welcome relief on Monday after Dubai gold prices dropped to their lowest levels since the beginning of June....

IATA Expects Lengthy Reconstruction Process Following Damage to Kuwait Airport Terminal

Kuwait’s main international airport could face a lengthy recovery period after recent strike damage affected Terminal 1. Industry officials believe repairs may take at...
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