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Oman Plans Major Sultan Qaboos Port Waterfront Redevelopment to Boost Tourism

Oman plans to transform the Port waterfront in Muscat into a major tourism and leisure destination. The redevelopment will create new hotels, residences, retail...

Saudi Non-Oil Economy Gains Strength as Banks Seek New Funding for Growth

Saudi Arabia’s non-oil economy continues to build resilience despite rising fiscal pressures and growing funding needs. The government recorded a SR160 billion deficit during...

Ooredoo Qatar Partners with McKinsey to Accelerate Digital and AI Transformation

Ooredoo Qatar has entered a strategic agreement with McKinsey & Company to advance its digital transformation plans. The partnership will focus strongly on artificial...

Vatel Bahrain and Sofitel Bahrain Zallaq Strengthen Hospitality Training Partnership

Hospitality training in Bahrain is gaining stronger industry support through a renewed partnership between Vatel Bahrain and Sofitel Bahrain Zallaq. The two institutions signed...

Saudi Arabia Launches SAR1 Billion Workforce Housing Fund to Accommodate 50,000 Workers Across Major Cities

Workforce housing has become a growing priority as Saudi Arabia expands construction and major development projects. Three Saudi companies have created a SAR1 billion...

IHC Unit Makes Bid for Irish Titanium Miner Kenmare Resources as Abu Dhabi Expands Mining Investments

International Resources Holdings, or IRH, has launched a Kenmare bid as it expands its mining interests globally. The Abu Dhabi-based company wants to acquire...

ADIB Approves Dh1.75 billion Rights Issue to Strengthen Capital and Support Future Expansion

ADIB rights issue gains shareholder approval as Abu Dhabi Islamic Bank moves ahead with its fundraising plans. Shareholders approved the proposal during a meeting...

Khaleeji Bank Signs Five MoUs to Expand Housing Finance and Homeownership Options

Khaleeji Bank has expanded its housing finance strategy through five new partnerships with Bahrain’s real estate companies. The Islamic bank signed memoranda of understanding...

Bahrain Fintech Links Grow as First Swiss Delegation Arrives for Fintech Forward 2026

Bahrain fintech links are set to strengthen as Switzerland sends its first fintech delegation to the Kingdom. The delegation will visit Bahrain from October...

Iraq Sets $100 at 150,000 Dinars for Housing Payments as Kurdistan Investors Face Official Dollar Access Restrictions

Iraq has introduced a special Kurdistan housing rate for certain residential payments, creating differences across the country. The arrangement values $100 at 150,000 Iraqi...

Almasar Education Accelerates Expansion Across Saudi Arabia and the UAE

Almasar Education is accelerating its regional expansion as demand for education continues growing across the Gulf. The company listed on Tadawul last December and...

Kuwait Oil Output Holds at 2 million Barrels as Tankers Return Through Hormuz

Kuwait oil output currently stands near 2 million barrels per day. That level represents about 75 percent of the country’s pre-war production. Meanwhile, more...
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