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Gulf Energy and Trade Routes Face Lasting Changes After Strait of Hormuz Crisis

Gulf trade routes remain central to global energy supplies despite the recent Strait of Hormuz crisis. Gulf trade routes continue supporting international oil and...

Iraq Nears Deal with Qatar-US Consortium to Develop New Oil Export Pipelines

Iraq pipelines could enter a major new phase after the government approved plans for a Qatar-US consortium to begin studying new oil export routes....

Saudi Arabia Deploys First Full Duplex 5G Transport Technology with stc and Huawei

Full Duplex technology has reached a major milestone in Saudi Arabia after stc Group and Huawei completed the country’s first deployment in Riyadh. Full...

Sheikh Zayed Summer Festival 2026 Opens in Abu Dhabi with Over 3,000 Activities

The Summer Festival officially opened in Abu Dhabi, offering thousands of educational and entertainment activities for children and teenagers throughout the school holidays. The...

Adnoc Distribution Expands Global Footprint with $1 Billion South Africa Acquisition

Adnoc Distribution continues expanding its international footprint after announcing the acquisition of Shell’s downstream business in South Africa. Adnoc Distribution described the transaction as...

UAE EV demand continues to grow as rising fuel costs boost electric vehicle sales despite shipping delays, limited inventories, and longer delivery times.

UAE EV demand has accelerated across the Emirates as more buyers choose electric and hybrid vehicles. However, supply shortages continue to limit availability after...

Dubai Gold Prices Hold Steady Below Dh500 Per Gram as Investors Await US Federal Reserve Meeting Minutes

Dubai gold prices remained stable on Tuesday as investors waited for fresh signals from the United States Federal Reserve. Dubai gold prices continued attracting...

Oman Plants Over 72 million Trees and Expands Nature Reserves to Advance Net-Zero Goals

Oman Net Zero continues shaping the country's environmental strategy as authorities expand conservation projects and climate initiatives. Officials highlighted major achievements between 2020 and...

Eskan Bank Partners with Al A’ali Engineering to Deliver 72 New Housing Units in Bahrain

Eskan Bank has taken another step to support Bahrain's housing sector by signing a new consultancy agreement for two residential developments. The partnership will...

OPEC+ Approves August Oil Production Increase of 188,000 Barrels Per Day to Support Market Stability

OPEC+ Output will increase in August after seven major producers agreed to raise crude production while continuing efforts to support market stability. The latest...

Kuwait Creates $100 Million Emergency Fund to Enhance Disaster Preparedness and Recovery

Kuwait Emergency Fund marks a major step in strengthening the country's preparedness for emergencies and unexpected events. The new initiative aims to improve national...

Oil output recovery continues across the Middle East as UAE exports reach record levels, supply chains stabilize, and regional energy infrastructure strengthens.

The oil output recovery across the Middle East continues to strengthen as production levels move closer to normal conditions. Oil output recovery has gained...

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