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US Dollar Rates Show Divergent Trends in Baghdad and Erbil

The US dollar exchange rates edged higher in Baghdad on Wednesday, while they declined slightly in Erbil. The contrasting trends reflect differing market conditions...

Abu Dhabi Modon Sells Out Bashayer Project

Abu Dhabi’s Modon real estate generated Dh3 billion by selling out its Bashayer project on Hudayriyat Island in just one day. Consequently, the sales...

Indonesia to Open Bank Branches in Saudi Arabia, Qatar, and UAE

Indonesia is set to increase its financial presence in the Middle East through the Indonesian banks expansion. Deputy Minister of Foreign Affairs Anis Matta...

Gulf Investment Flows to Central Asia via EDB Abu Dhabi Office

The Eurasian Development Bank (EDB) opened a new office in Abu Dhabi to strengthen Gulf investment flows into Central Asia. The initiative attracts capital...

Bahrain’s Fael Khair Initiative Settles Over BD 3.5 Million in Financial Cases

Bahrain’s Fael Khair initiative has successfully settled 1,631 financial cases worth over 3.6 million Bahraini dinars. This milestone coincides with Human Rights Day. It...

Bahrain and Spain Strengthen Bilateral Relations

Bahrain’s Foreign Minister, Dr. Abdul Latif bin Rashid Al Zayani, met with Spain’s Ambassador to Bahrain, Manuel Hernández Gamaio, today. The meeting focused on...

Mercedes-Benz Driverless Taxis Arrive in Abu Dhabi

Abu Dhabi is preparing to welcome Mercedes-Benz driverless taxis in 2026, signaling a major step forward in autonomous transport. Consequently, Driverless Taxis will enhance...

Non-Oil Growth Drives Saudi Economic Expansion

Saudi Arabia’s economy posts robust real growth of 4.8% in the third quarter of 2025. Non-Oil Growth drives led the expansion, reflecting the Kingdom’s...

Saudi Arabia Boosts GCC Industrial Growth with Customs Duty Exemptions

Saudi Arabia approved a new law to boost industrial development across GCC member states. The law exempts industrial projects from customs duties on imports...

Kuwait Accelerates Digital Urban Transformation for Future Cities

Kuwait is advancing its digital transformation to modernize urban development and improve government performance. Furthermore, Digital Transformation strengthens housing and municipal services across the...

Oman Hosts International Green Innovation Forum to Boost Arab Sustainability

Oman hosted the International Green Innovation Forum, emphasizing Arab integration in sustainable development. Moreover, Green Innovation played a central role in guiding strategies for...

WTI Prices Slip Near $58.50 as Iraq Oilfield Restores Output

WTI Price drifted lower to near $58.50 on Tuesday as Iraq resumed oil production at the West Qurna 2 field. The recovery eased supply...
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