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Iraq Advances Oil Sector Growth with International Energy Partnerships and New Development Agreements

The Iraq oil sector is set to expand after the government approved two major energy agreements aimed at strengthening petroleum operations and increasing production capacity. Furthermore,...

Saudi Arabia’s Public Investment Fund Grows Assets to $1.21 Trillion as 2025 Net Profit More Than Doubles

Saudi Arabia's Public Investment Fund reported another year of strong financial growth during 2025. PIF assets reached SR4.54 trillion, equivalent to about $1.21 trillion,...

Paris Business Forum Strengthens Oman France Partnership Through Multi-Sector Investment and Innovation Deals

The Oman-France partnership gained fresh momentum as both countries strengthened economic cooperation during a major business forum in Paris. Leaders and executives explored new investment opportunities...

Imtiaz Developments Launches Dh600 Million Sea Cliff Residence on Dubai Islands

Imtiaz Developments has started construction on Sea Cliff Residence, a Dh600 million waterfront project on Dubai Islands. The milestone strengthens the developer’s growing presence in one of...

Middle East Air Cargo Demand Falls 8.9% in May as Regional Conflict Continues to Disrupt Gulf Aviation and Trade Routes

Middle Eastern airlines recorded a sharp decline in air cargo activity during May as regional conflict disrupted aviation networks. Freight demand fell significantly across the region,...

Marriott International and Blacksand Sign $1.33 Billion Deal to Develop 10 New Hotels Across Saudi Arabia

The agreement includes the development of 10 hotels throughout Saudi Arabia. The companies signed the deal during the Future Hospitality Summit in Riyadh. The...

UAE Announces Lower Fuel Prices for July 2026 as Petrol Costs Drop Across All Grades After Four Months of Increases

UAE fuel prices will fall from July 1, bringing relief to motorists after four straight monthly increases. The latest reduction follows softer global oil...

Bahrain Market Upgrade Supports Capital Market Growth Through Advanced Digital Infrastructure and Global Connectivity

Bahrain market is entering a new phase of digital transformation after Bahrain Bourse announced a strategic technology partnership with Nasdaq. The agreement aims to...

Trump Set to Fly on Qatar-Gifted Air Force One Replacement for the First Time at Major US Independence Anniversary Event

Trump jet will make its first official presidential trip this week as US President Donald Trump travels to North Dakota aboard the newly introduced...

$1 Billion Oman Salt Projects Aim to Boost Mining Production and Local Business Growth

Oman salt projects are entering a new phase as the country awards major marine mining contracts to local businesses. Furthermore, the initiative aims to...

New Iran Attack Raises Concerns Over Strait of Hormuz Shipping Recovery and Global Trade Routes

Hormuz shipping crisis concerns have increased after a new attack disrupted efforts to restore maritime movement through the strategic waterway. The incident created fresh...

UAE Visa Expansion Strengthens Tourism, Business Travel, and International Connectivity

UAE visa expansion continues gaining momentum as the country adds more eligible nationalities to its visa-on-arrival system. The latest update aims to make travel...
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