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Oman and Jordan Launch $100 Million Investment Company to Boost Key Economic Sectors

Oman Jordan cooperation reached a new milestone after both countries agreed to establish a joint investment company worth $100 million. Oman Jordan partnership aims...

India Expands Strategic Engagement with Kuwait Through High-Level Diplomatic Meetings Focused on Trade, Investment, and Regional Security

India Kuwait relations remained a key focus during high-level diplomatic meetings as both countries reviewed regional developments and expanded cooperation across several strategic sectors....

Qatar Foreign Exchange Reserves Reach $71.74 Billion as Gold Holdings and Official Assets Increase

Qatar reserves continued to strengthen during June 2026 as the country's foreign exchange assets recorded steady annual growth. Qatar reserves also benefited from higher...

Iraq Banking Moves Closer to a Mobile-First Financial System Through Digital Innovation and Customer-Focused Banking Solutions

Iraq banking continues moving toward a digital future as financial institutions focus on expanding mobile services and increasing customer trust. Iraq banking remains in...

Dubai GDP Continues Expanding as Diversified Economic Sectors Support Sustainable Growth and Long-Term Investment Confidence

Dubai GDP recorded steady growth during the first quarter of 2026 as strong performances in trade, construction, and real estate supported the emirate’s economy....

Dubai Taxi Completes AED1.45 Billion National Taxi Acquisition to Strengthen UAE Market Leadership and Drive Long-Term Growth

Dubai Taxi has completed the acquisition of National Taxi in a deal valued at AED1.45 billion, equivalent to about $395 million. Dubai Taxi expects...

Bahrain and US Discuss Stronger Energy Cooperation During High-Level Meeting

Bahrain energy cooperation received fresh attention as senior officials explored new opportunities to strengthen ties with the United States. Bahrain energy remains a key...

Oil Prices Surge as Renewed US-Iran Tensions Raise Concerns Over Global Energy Supplies and Strait of Hormuz Shipping

Oil prices climbed sharply on Wednesday after renewed tensions between the United States and Iran increased concerns about global energy supplies. The latest developments...

Dubai Property Market Strengthens Its Global Position as Foreign Investment and Sustainable Growth Support Long-Term Real Estate Expansion

Dubai property market continued attracting strong international demand during the first half of 2026. Dubai property market remained a preferred destination for overseas buyers...

UAE Gold Prices Continue to Hold Steady Despite Weekly Declines as Global Markets React to Geopolitical and Economic Developments

UAE gold prices remained stable on Thursday despite renewed geopolitical uncertainty across the Middle East. However, the precious metal has still lost value over...

Oman Boosts Pharmaceutical Manufacturing, Medical Technology, and Healthcare Investment to Support Economic Diversification

Oman pharmaceuticals continue gaining momentum as the country strengthens its healthcare manufacturing sector. Officials aim to attract more investment while expanding domestic production capabilities....

Iraq Accelerates Energy Development by Expanding Renewable Power, Improving Grid Efficiency, and Strengthening International Partnerships

Iraq energy development moved forward as government officials continued discussions on a strategic project to modernize the country’s electricity sector. The proposed initiative focuses...
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