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Oman Summit Announces New Investment Projects Across Key Economic Sectors

Oman Investment Summit 2026 highlighted new projects across several industries as the country seeks to attract foreign capital. The Inspire Oman Investors Summit brought...

Oman Awards Major Contract to Expand Roads and Infrastructure in Duqm Fisheries Zone

Oman has awarded a major infrastructure contract for the Duqm Fisheries Zone to support industrial growth and attract investment. The Public Authority for Special...

UAE Economy Expected to Grow Nearly 10% in 2027 as Investment and Diversification Drive Growth

UAE Economic Growth could reach nearly 10% in 2027, according to Central Bank Governor Khaled Mohamed Balama. The forecast represents a sharp increase from...

Dubai Gold Prices Rise as 24K Reaches Dh505 Per Gram Amid Weaker US Dollar and Lower Oil Prices

Dubai Gold Prices recorded a modest increase on Tuesday morning, October 13, as precious metals recovered from Monday's late losses. The 24K gold rate...

Dubai Rental Prices Fall Over 12% in Dubai Marina, Business Bay and JVC as Property Market Shifts

Dubai Rental Prices recorded significant declines across several residential communities during the third quarter of 2026. Dubai Marina, Business Bay, and Jumeirah Village Circle...

GCC Steel Demand Expected to Fall 11% in 2026 as Project Delays Slow Construction Across the Gulf

GCC Steel Demand is expected to decline by nearly 11 percent in 2026 as construction projects face delays across the region. The forecast marks...

IMF Warns Middle East GDP Will Contract in 2026 as War Disrupts Energy Exports and Regional Trade

The International Monetary Fund expects Middle East GDP to contract in 2026 as the regional conflict continues to disrupt economic activity. However, the organisation...

Kuwait Petroleum Corporation Pledges Reliable Energy Supplies Despite Regional Challenges

Kuwait Energy commitments remain a priority as Kuwait Petroleum Corporation continues supporting customers and partners worldwide. The company says it will maintain its obligations...

Omran Group Signs $318 Million Deals to Expand Oman’s Residential and Tourism Projects

Omran Group has signed three development agreements worth more than $318 million to expand Oman’s residential and tourism sectors. The deals involve Hassan Allam...

Mosul Airport Seeks International Investors to Expand Operations and Boost Regional Growth

International investment in Mosul Airport is gaining attention as Iraq seeks experienced partners to manage and develop the facility. Prime Minister Ali al-Zaidi has...

Honeywell Partners with GPIC to Develop New $Bahrain Aromatics Complex

GPIC aromatics development is moving forward as Gulf Petrochemical Industries Company partners with Honeywell Technologies on a major industrial project in Bahrain. The companies...

BENEFIT Names NBB as First Bank in Bahrain’s Trade Finance Registry Project

The Trade Finance Registry project has reached a major milestone with the National Bank of Bahrain (NBB) joining as its first banking partner. Bahrain’s...

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