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US Dollar Exchange Rate Increases in Iraq After Extended Decline

The US dollar exchange rate has risen in Iraq after a prolonged decline. the exchange rate for the US dollar compared to the Iraqi...

Oman and Afghanistan Discuss Enhancing Economic Ties

Oman and Afghanistan are exploring new ways to boost their economic cooperation. On March 13, 2025, Qais Mohammed Al Yousef, Oman’s Minister of Commerce,...

Saudi Real Estate Sector Booms Due to Population Growth, Tourism, and Reforms

Saudi Arabia’s real estate market is experiencing significant growth, driven by factors such as a rising population, increasing tourism, and favorable government reforms. These...

Emirates NBD Denies Acquisition Plans in Egypt

Emirates NBD, the largest bank in Dubai, has dismissed rumors about acquiring Banque du Caire, an Egyptian bank. Recently, reports suggested that Emirates NBD...

Iraq Strengthens Gold Reserves, Ranking Among Top in Arab World

Iraq has secured a strong position in the Arab world’s gold market, with reserves reaching 162 tons, according to Central Bank Governor Ali Al-Alaq....

Qatar to Send Gas to Syria with U.S. Approval

Qatar is preparing to supply natural gas to Syria through Jordan to support the country’s struggling power sector, according to three sources familiar with...

UAE Sees Strong Dividend Growth as Global Payouts Hit $1.75 Trillion in 2024

The UAE was among 17 countries setting new dividend records in 2024, as global payouts surged to an all-time high of $1.75 trillion. This...

Saudi Arabia Opens Mining Exploration Applications in Riyadh and Madinah

Saudi Arabia has recently opened the application process for mining exploration permits in the Riyadh and Madinah regions. This initiative covers a significant 24,946...

Dubai’s Financial Growth Transforms Global Business

Dubai has evolved into a major financial hub, driven by its strong economy, business-friendly laws, and modern infrastructure that attract global investors. This financial...

289,000 Livestock Supplied to Meet Consumer Needs in Oman

Muscat – The Ministry of Agriculture, Fisheries, and Water Resources has announced that over 289,000 heads of livestock were supplied to consumers during January...

Saudi Private Sector Fuels $314 Billion Investment Surge

Saudi Arabia’s private sector is driving a massive investment surge, reaching SR1.18 trillion ($314 billion) in 2024. This marks a 5.3 percent increase compared...

Strengthening Public Finances and Financial Markets in Iraq: The Opportunity

Iraq has achieved upper-middle-income status due to its oil wealth, with public revenues heavily reliant on oil. However, the private sector remains underdeveloped, and...

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