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Zayed National Museum to Showcase 7,000 Years of Camel History

Camel History Exhibition will open at Zayed National Museum in Abu Dhabi in early December 2026. The exhibition will explore more than 7,000 years...

Mubadala’s GlobalFoundries Secures $21 Billion US Chip Manufacturing Deal

GlobalFoundries Investment will bring $21 billion to expand semiconductor manufacturing in New York state through a major US-Japan initiative. The project involves GlobalFoundries, a...

QatarEnergy Reports 69% Profit Decline and 35% Revenue Drop Amid LNG Export Disruptions

QatarEnergy Financial Results reveal a sharp decline in profit and revenue during the first half of 2026. The state-owned energy company faced significant disruptions...

Gulf Project Spending Rises 2.5% Despite War as Third-Quarter Contract Awards Fall Sharply

Gulf Project Spending showed resilience during the first nine months of 2026 despite growing regional uncertainty. Governments across the Gulf continued supporting major energy,...

Oil Prices Fall as Hormuz Shipping Risks and US Sanctions Plans Shape Market Outlook

Oil Prices fell by more than 1% on Thursday as investors assessed supply risks and Middle East tensions. Traders weighed attacks near the Strait...

Saudi Stock Market Falls 1.74% as 252 Companies Decline and Investors Assess Market Performance

Saudi Stock Market trading ended lower on Wednesday, as widespread losses pushed the main index down 1.74%. The Tadawul All Share Index lost 179.31...

Kuwait Import Financing Falls to KD4.38 Billion as US Dollar Maintains Dominance

Kuwait Import Financing declined sharply during the first eight months of 2026, reflecting a significant reduction in bank funding for imports. Local banks provided...

Iraq and China Discuss New Investment, Banking, and Trade Partnerships

Iraq and China are exploring new investment opportunities following talks between Iraq’s Minister of Trade and a Chinese business delegation. The meeting took place...

Iraq and JICA Discuss Solar Energy Projects to Expand Clean Power

Iraq Solar Projects are gaining attention as the Ministry of Electricity discusses renewable energy cooperation with Japan International Cooperation Agency (JICA). The talks focused...

Raffles The Red Sea Opens on Shura Island, Expanding Saudi Arabia’s Luxury Tourism Offering

Raffles Red Sea has officially opened on Shura Island, adding a new luxury resort to Saudi Arabia’s growing tourism destination. Red Sea Global, the...

UAE Capital Hub Plans to Connect East and West and Attract Global Investment

The UAE Capital Hub vision could transform the country into a major bridge for global investment within five years. Industry leaders shared this outlook...

Fiera Capital Expands Gulf Presence with New Qatar Office Through Qatar Financial Centre Platform

Fiera Capital Qatar expansion marks a new step in the country’s efforts to attract international financial firms. The Canadian asset management company has joined...
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