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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...

Qatar Strengthens Investment Goals Through Public-Private Partnerships

Qatar is taking important steps toward transforming its economy through strong public-private partnerships. The country now focuses on building a diverse and knowledge-driven economy....

Kuwait Tightens Oversight on Exchange Shops to Improve Financial Transparency

Kuwait is strengthening regulations on its money exchange sector as part of its efforts to exit the Financial Action Task Force (FATF) “follow-up phase.”...

Bahrain All Share Index Drops 11 Points

Bahrain's All Share Index closed at 1,938.52 points, reflecting a decline of 11 points from the previous day’s closing. Losses in the financial and...

Saudi Arabia and Iran Discuss Regional Developments On April 4, 2025, Saudi Crown Prince Mohammed bin Salman held a phone call with Iranian President Masoud...

Kuwait Real Estate Company Expands in Beverly Hills

Kuwait’s Action Real Estate Company has made a strategic move by acquiring two boutique hotels in Beverly Hills, USA. This purchase highlights the company’s...

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...
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