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Saudi Arabia Eyes Growth with SPAC Plan in Nomu Market

Saudi Arabia has introduced a proposal to enhance private sector listings on its Nomu market through special purpose acquisition companies (SPACs). The Saudi SPAC...

Bahrain Bourse Trading Update Reflects Cautious Optimism in Finance Sector

Bahrain’s stock market showed slight but steady growth during Tuesday’s trading session. The Bahrain All Share Index closed at 1,899.37 points, gaining 2.41 points...

Kuwait Boosts Oil Future with Burgan Field Upgrade

Kuwait plans to boost production at the Burgan oilfield to support Kuwait's oil production growth. The country aims to reverse the decline in one of...

UAE President Bin Zayed and Kurdistan President Barzani discussed boosting UAE investments in Iraq and Kurdistan

Mohammed bin Zayed Al Nahyan, the President of the UAE, welcomed Nechirvan Barzani, the President of the Kurdistan Region, for a meeting. During the meeting,...

CBB Sukuk Al Salam Securities Oversubscribed by 125%

Manama, Apr. 7 (BNA) – The Central Bank of Bahrain (CBB) announced that its latest monthly issuance of Sukuk Al Salam Islamic securities was...

Saudi Aramco Cuts Oil Prices to Asia to Four-Month Low

Saudi Aramco, the world’s largest oil company, lowered the price of its crude oil for Asian buyers in May 2025, marking the lowest price...

100% Iraqi-Owned Company to Manage Development Road Project

The Iraqi government has announced that the Development Road Project will be managed by a newly established company that is entirely Iraqi-owned and will...

Qatar: QIA’s $1bn Fund of Funds Programme Set to Highlight Startup Grind Talk

Qatar Investment Authority’s (QIA) $1 billion Fund of Funds program will be discussed by leading venture capital (VC) firms at a Startup Grind Qatar...

UAE Leads as Regulatory Innovation Shapes Future of Finance

Regulatory innovation is becoming a key driver of change in the global financial world. Rather than simply reacting to technological advances, regulators are now...

OPEC+ Producers to Gradually Increase Output for Market Stability

Eight key OPEC+ countries Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman have agreed to gradually increase oil production starting in...

Iraq: Dollar Prices Drop in Baghdad and Erbil

The value of the US dollar fell slightly against the Iraqi dinar in both Baghdad and Erbil. This drop comes after weeks of exchange...

Bahrain: All Share Index and Islamic Index Close Lower

The stock market of Bahrain saw a downward shift as both the Bahrain All Share Index and the Bahrain Islamic Index closed lower than...
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