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UAE Enters Global Top 25 Innovation Economies for the First Time, Climbing Five Places in 2026 Ranking

UAE innovation has reached a new milestone after the country entered the world's top 25 economies. The UAE climbed five positions to 25th among...

Mecca Power Plant Expansion Secures $2.6 billion Funding for Major Rabigh 2 Project

Saudi Arabia has secured major financing for the Mecca power plant expansion. ACWA Power and Saudi Energy will use the funding for the Rabigh...

Oman Aviation Investment Opportunities Expand Across Muscat, Salalah and Sohar Airports

Muscat hosted a major forum focused on Oman aviation investment and new opportunities across the country. The event highlighted airports as important centers for...

Saudi Poultry Sector Attracts $687 million as New Deals Boost Domestic Production and Food Security

Saudi poultry investment has reached $687 million through 27 newly signed agreements. The deals aim to expand domestic production and strengthen food supply chains....

UAE and Gulf Investors Pour More Money into US Treasuries as Yields Reach Their Highest Level Since 2007

US Treasuries are attracting strong interest from UAE and Gulf investors as bond yields reach levels unseen for years. The 10-year Treasury yield has...

Sharjah Rental Market Sees Rents Rise Across Key Communities as Tenant Demand Strengthens

The Sharjah rental market continues to grow as rents increase across major apartment and villa communities. New data shows higher asking rents across all...

GCC Remittances Reach Record $161 billion as Expatriate Employment Drives Strong Growth

GCC remittances reached a record $161 billion in 2025 as expatriate employment continued expanding. The combined figure marked the highest outward worker remittance total...

Iraq Commits $2.7 Billion to Boost Economic Growth Across Housing, Industry and Agriculture

Iraq economic growth plans now include a $2.7 billion package to support recovery and new investment. Prime Minister Ali Faleh Al-Zaidi announced the measures...

Dubai Gold Prices Fall Dh35.75 in One Month as 14K Gold Drops Below Dh300 per Gram

Dubai gold prices started the week with limited movement after recording a sharp monthly decline. The 24K rate reached Dh498 per gram on Monday...

UAE Space Mission Begins Five Billion-Kilometer Journey to Study Ancient Asteroid Justitia

The UAE space mission is preparing a major journey toward an ancient asteroid between Mars and Jupiter. The mission will travel about five billion...

Oman Economy Grows 5.1% as Rising Oil Production and Prices Drive Growth in 2026

The Oman economy grew strongly during the second quarter of 2026. Higher oil production helped support overall growth during the period. Gross domestic product...

Qatar Bond Market Expands Global Access as Euroclear Partnership Attracts International Investors

Qatar bond market access is set to expand through a new settlement link with Euroclear. The agreement aims to attract more international investors to...
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