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UK Leads FDI in Oman, Oil and Gas Focused

UK companies continue to dominate foreign direct investment (FDI) in Oman, with a significant portion directed towards the oil and gas sector. According to...

Saudi Arabia’s Non-Oil Exports to UAE Grow by 10% in January

Saudi Arabia’s non-oil exports to the UAE reached SR7.10 billion ($1.89 billion) in January, marking a 10% increase. This surge highlights Saudi Arabia’s ongoing...

Tesla to Enter Saudi Arabia’s Market in April

Tesla is set to launch its electric vehicles in Saudi Arabia on April 10, 2025. The event will take place at the Bujairi Terrace...

UAE Introduces New Dhs100 Polymer Banknote Ahead of Eid Al Fitr

The UAE has unveiled a new Dhs100 banknote just in time for Eid Al Fitr celebrations. The Central Bank of the UAE (CBUAE) introduced...

Bahrain All Share Index Declines Amid Financial and Material Sector Drops

The Bahrain All Share Index ended lower on March 24, 2025, closing at 1,951.62 points. This marked a decrease of 13.97 points compared to...

Kuwait Sees Gold Prices Surge to Record High Amid Global Uncertainty

Gold prices reached a historic peak of $3,022 per ounce at the close of last week’s trading, driven by ongoing global economic and geopolitical...

Iraq Targets African Oil Markets in Expansion Plan

Iraq is exploring the possibility of expanding its oil exports to Africa. According to Iraq's oil minister, Hayan Abdul Ghani, the government is currently...

Arab Stock Markets Face Mixed Trends in February Amid Global Tensions

Arab stock markets experienced varied performance in February 2025, reflecting the global economic challenges and geopolitical tensions. This mixed trend affected investor sentiment and...

Saudi Arabia Leads with Direct Air Capture Technology to Cut Emissions

Saudi Aramco has recently launched its first direct air capture (DAC) test unit in the Kingdom. This move marks a key development in the...

Oil in Bahrain Heads Toward Second Consecutive Weekly Gain

Oil prices experienced a slight dip on Friday but were still on track for a second consecutive weekly gain. By 1103 GMT, Brent crude...

Germany’s KfW and UNOPS Launch Initiative to Support Affected Communities in Iraq

Germany's KfW Development Bank and the United Nations Office for Project Services (UNOPS) have partnered to support conflict-affected communities in northern Iraq. A new...

Oman: Community-Driven Tourism and Sustainability

Oman’s tourism industry stands at a significant turning point. With a focus on diversifying its economy beyond oil and gas, tourism has become a...
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