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Oil Prices Fall Sharply as US Iran Diplomatic Progress Boosts Supply Expectations

Oil prices declined sharply on Monday as investors reacted to improving diplomatic signals between the United States and Iran. The latest developments increased expectations...

Oman Strengthens Economic Outlook Through Growing Non-Oil Industries and Higher Revenues

Oman economy recorded stronger growth at the beginning of 2026 as non-oil sectors gained momentum. The latest figures showed rising activity beyond traditional energy...

UAE Gold Prices Climb Following Diplomatic Progress Between the United States and Iran

Dubai gold prices increased on Monday as global markets reacted to new developments between the United States and Iran. The two countries agreed on...

Kuwait Airport Resumes Operations While Terminal 1 Repairs Continue Following Regional Disruptions

Kuwait Airport remains open as flights restart following regional tensions, although Terminal 1 remains unavailable because repair work continues. Kuwait International Airport has gradually...

Oman Maintains Strong Trade Surplus as Exports and Economic Diversification Support Growth in 2026

Oman trade surplus continues to show strength as the country maintains a positive balance between exports and imports. New figures show that the Sultanate...

UAE Petrol Prices Could Drop in July as Oil Market Shift Continues After Global Tensions Ease

Oil Market Shift trends may influence fuel costs across the UAE in July. Petrol prices could decrease if crude oil values continue falling. Recent...

GCC VAT Overhaul Reshapes Cross-Border Trade Across the Gulf as Businesses Prepare for Stricter Tax Compliance Rules

GCC VAT Overhaul is reshaping regional trade rules as Gulf countries move toward stronger tax coordination. The updated framework will affect companies that move...

Bahrain Secures Major IsDB Financing Deals to Boost Infrastructure and Industrial Expansion Projects

Bahrain development projects gained new momentum after the government secured financing agreements with the Islamic Development Bank. The deals support major infrastructure and industrial...

Sustainable Rice Production Expands Across Najaf Through Advanced Mechanised Farming Techniques

Sustainable rice production is gaining attention in Najaf as farmers explore modern farming methods. The new approach aims to reduce water consumption and improve...

Sustainable Real Estate Projects Strengthen Sharjah’s Position as a Leading Property Investment Destination

Sustainable real estate is becoming a major focus in Sharjah as developers introduce innovative urban projects. The emirate continues to strengthen its property sector...

Kuwait Airways Expands Summer 2026 Network with New Flights to Vienna, Sarajevo, Trabzon and Salalah Destinations

Kuwait Airways expansion continues as the national carrier adds four new destinations to its Summer 2026 flight schedule. The airline introduced routes to Vienna,...

Muttrah Development Moves Forward with Cable Car Project as Oman Targets Tourism Growth and Better Urban Access

Muttrah development is entering a new stage as Oman prepares for major tourism and urban projects. The historic city continues attracting attention because of...
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