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Mabanee Reports Lower Q2 Profit as Hotel Business Faces Regional Travel Challenges

Mabanee profits declined during the second quarter of 2026 as weaker hotel demand affected overall earnings. Mabanee profits faced pressure from lower hospitality activity...

Kuwait and Qatar Face Sharper Economic Slowdown as Hormuz Disruptions Weigh on Growth

The Gulf economy continues facing challenges as regional tensions affect trade and energy markets. Gulf economy conditions show that Kuwait and Qatar may experience...

Bahrain Announces New Fuel Prices for August with Fishermen’s Diesel Subsidies Intact

Bahrain fuel prices have been approved for August as the government continues adjusting local fuel rates according to international market conditions. The latest pricing...

Qatar Introduces Pillar Two Registration Service Through Dhareeba Under New Global Tax Rules

Pillar Two registration has officially opened in Qatar through the Dhareeba platform as authorities continue strengthening the country's tax framework. The new service supports...

Boursa Kuwait Reports KD 13.74 Million First-Half Profit Despite Regional Geopolitical Challenges

Boursa Kuwait continued delivering solid financial results during the first half of 2026 despite ongoing geopolitical uncertainty across the region. Boursa Kuwait also maintained...

NBK Adds New Features and Partner Benefits to Al Manzel Home Financing Program

NBK Al Manzel continues expanding its home financing services in Kuwait by introducing new customer benefits and strengthening its network of strategic partners. The...

Iraq Water Flows Double as Turkey Implements New Water Cooperation Agreement

Iraq water flow has increased significantly after a new agreement with Turkey entered its implementation phase. The development marks an important step for Iraq...

Adnoc Expands Tanker Fleet with Five New Crude Carriers as Regional Shipping Tensions Continue to Rise

Adnoc tanker fleet continues expanding as the UAE energy company strengthens its shipping network during ongoing regional tensions. The latest investments reflect a broader...

Ras Al Khaimah Rents Continue Rising as Family Housing Demand Strengthens

RAK rents continued climbing during the second quarter of 2026 as demand for family homes remained strong across the emirate. RAK rents increased in...

NBK Introduces Kuwait’s First Fully Digital Loan Service for Housing, Consumer, and Auto Financing

NBK digital loans have introduced a new chapter in Kuwait’s banking sector with the launch of the country's first fully digital loan service. The...

Adnoc Drilling Reports Higher Revenue and Confirms $263 Million Dividend for Shareholders

Adnoc dividend remains in focus after Adnoc Drilling announced a $263 million payout for the second quarter of 2026. The company also reported stronger...

UAE Fuel Prices Expected to Drop Again in August Amid Oil Market Volatility

UAE fuel prices may decline again in August as global oil markets continue to fluctuate. However, analysts expect only a modest reduction because supply...
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