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Mal Targets Global Growth with AI-Native Islamic Finance Platform from Abu Dhabi

AI Islamic Finance is gaining attention as Mal develops a digital financial platform built around artificial intelligence. The Abu Dhabi-based fintech wants to rethink...

Kuwait Collective Investment Assets Rise 7.1% to 3.45 billion Dinars in First Half of 2026

Kuwait investments continued expanding during the first half of 2026, with collective investment assets reaching 3.45 billion dinars. The total marked a 7.1 percent...

Saudi Arabia Achieves 89% Gaming Latency Improvement as IoT Subscriptions Reach 13.85 million

Saudi gaming performance has improved sharply, with latency falling across several of the Kingdom’s most popular electronic games. The improvement highlights continued progress in...

Iraq Faces Growing Cash Crisis as Oil Export Disruptions Threaten Public Salaries and Economic Stability

Iraq cash crisis pressures are growing as disruptions around the Strait of Hormuz reduce the country's oil export revenues. The situation has raised concerns...

Oman Strengthens Emergency Preparations to Protect Water and Waste Management Services

Oman Essential Services preparations have intensified as authorities work to protect vital water and waste management operations from potential oil spill impacts. The latest...

Abu Dhabi Extends Housing Loan Activation Period to Give Citizens More Time for Residential Projects

Abu Dhabi Housing Loans have received a two-year extension to give citizens more time to complete residential projects across the emirate. The decision provides...

Oil Prices Could Slide Toward $70 as Global Inventories Stay Strong

Oil prices could move toward $70 per barrel this year as strong inventories ease concerns about supply disruptions. Julius Baer expects crude prices to...

Oman Expands Four Industrial Cities to Attract Investors and Boost Economic Growth

Oman Industrial Expansion is accelerating as the country develops four new industrial cities. The projects aim to attract investors and strengthen manufacturing. The government wants...

Jacky’s Founder Backs Dubai’s Economic Resilience Despite Regional Trade Disruptions

Dubai Trade Resilience has shaped Jacky Panjabi’s business strategy for more than four decades. The entrepreneur first arrived in Dubai in 1985. At the...

Kuwait Petroleum Corporation Profit Hits Three-Year High Despite Oil Sector Challenges

Kuwait’s state oil sector recorded a major earnings improvement as Kuwait Petroleum Corporation reported its strongest annual profit in three years. KPC profit surge...

Saudi Data Centre Expansion Could Require $42 Billion in Investment by 2030

Saudi Data Centers could require up to $42 billion in project funding by 2030. The investment would support the kingdom’s rapidly expanding AI and...

Dubai Rent Plan Could Let Tenants Pay Annual Rent Monthly with Zero Interest

Dubai Rent Plan could give tenants a new way to manage annual housing costs without paying interest. The proposed service could launch in September.The...
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