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Strait of Hormuz Risks Prompt Supply Chain Concerns in UAE and Saudi Arabia

Businesses in the UAE, Saudi Arabia, and other Gulf countries are closely monitoring Strait of Hormuz risks. This vital shipping passage remains crucial for...

Oman Introduces Personal Income Tax to Boost Economy

Oman has taken a historic step by introducing Oman's personal income tax. Starting in 2028, the country will enforce this income tax reform as...

Saudi Energy Minister Highlights OPEC+ Role in Stabilizing Global Oil Market

The Saudi Energy Minister on OPEC+ oil market role emphasized the alliance’s growing importance in stabilizing oil prices worldwide, especially during global uncertainty. Speaking...

Qatar Fawran Instant Payment System Hits QR10 Billion Milestone

Fawran instant payment system has processed over 5 million transactions, Since launching in March 2024.Qatar’s digital economy keeps growing fast. The total transaction value surpassed...

Qatar Launches Trump Villas and Golf Course with Dar Global

Qatar takes a bold step in luxury real estate. The country prepares to welcome the Trump Villas and Golf Course. Qatari Diar and Dar...

Iraq Drought Threatens Buffalo Farmers’ Survival

Iraq is facing a severe crisis as persistent droughts harm both buffalo populations and rural livelihoods. The Iraq buffalo farming crisis grows worse each year. Moreover,...

Qatar Stock Market Climbs as Index and Capitalization Jump Sharply

Qatar’s stock market saw a strong boost midweek. The Qatar Stock Exchange (QSE) surged, gaining 135 points and adding QR7.69 billion in capitalisation. This...

Iraq Unveils Silica Industrial Complex with Saudi Partnership

Iraq has embarked on a major industrial venture by teaming up with Saudi Arabia to launch a silica-based industrial complex in Anbar province. This...

Kuwait Strengthens GCC Economic Integration Through Strategic Initiatives

Kuwait is actively enhancing economic and industrial integration within the Gulf Cooperation Council (GCC). Minister of Commerce and Industry, Khalifa Al-Ajeel, reaffirmed this commitment...

Oman Advances Insurance Coverage in MENA Region

Oman insurance sector takes the spotlight as the country hosts a major regional seminar in Muscat. The event, led by the Financial Services Authority...

UAE stablecoin use set to rise with digital payments shift

The UAE moves quickly to adopt digital finance solutions. UAE stablecoin use will likely transform everyday transactions. Digital currency may soon reshape payment systems,...

Saudi Arabia Prepares for Low Oil Prices with Strategic Oil Market Shift

Saudi Arabia is signaling a new direction in oil policy. Officials have started telling allies that the kingdom can manage lower oil prices. This...
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